Utah 4th in National Foreclosure Rate

Utah Foreclosure Defense Attorney

Utah may not be Las Vegas or Arizona, but it continues to rank among the highest number of foreclosures in the nation. In the first quarter of 2011, Utah ranked 4th among foreclosure rates across the country behind Nevada, Arizona, and California. A national report indicates that 1 out of every 98 households in Utah recently filed foreclosure. At Salcido Law Firm, we are extremely concerned with the current economic state in Utah and want to help you and your family stay in your home. We provide bankruptcy, debt relief, and foreclosure defense services.

The Trend – Salt Lake, Provo

Utah typically lags behind California and Nevada in terms of economic and real estate trends. Therefore, many experts believe Utah is just now in the middle of their own foreclosure crisis whereas California and Nevada may be just starting pull out. For more information on these alarming statistics, speak with a Utah foreclosure defense attorney at our law firm today. Whether you are facing a foreclosure in Salt Lake City, Provo, Ogden, or even St. George, we can take your defense.

Bankruptcy to Prevent Utah Foreclosure

Many Utahans are filing Chapter 7 bankruptcy in Utah as a means of temporarily staying in their home, or Chapter 13 as a more long term solution to saving their house. Regardless of your financial situation and no matter how far in the red you are on your home, you have options. Once you file bankruptcy, the automatic stay goes into effect preventing creditors from taking any legal action against you until the stay is lifted. This is especially helpful for families who may be losing their homes and have no immediate alternative for housing.

Salcido Law Firm – 801.413.1753.

Speak with one of our Utah bankruptcy lawyers now by calling or emailing us anytime. We have helped numerous families stay in their homes and have prevented looming foreclosures across the state. We also provide foreclosure defense for individuals who qualify.

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