Author Archives: Brent Sorenson

Property Exemptions

Property Exemptions Property exemptions are debtor’s properties, possessions, and other personal assets which are protected and exempted from creditor’s claims. One of the positive things that a chapter 7 bankruptcy… Read more »

Reaffirmation Agreement

Reaffirmation Agreement Reaffirmation agreement refers to a contract between the debtor and a creditor under which the debtor agrees to pay a debt that would otherwise be discharged. By agreeing… Read more »

Vehicle Repossession

Vehicle Repossession Vehicle repossession occurs when a creditor or lender takes back the vehicle when you miss payment (or payments) or failure to complete all other provisions of your loan…. Read more »

Your Credit Score

Credit Score Your Credit Score is a three-digit number used to verify and determine your solvency and reliability to pay your debts. It usually varies between the numbers 300 to 850…. Read more »

Wage Garnishment

Wage Garnishment A wage garnishment occurs when a creditor collects payment from your paycheck before you even see the money. It is the legal process wherein the court orders your… Read more »