Utah Bankruptcy

Utah Bankrtupcy information to help you decide the best solution for your situation. Check out the information on how to best prepare for bankruptcy in Utah.

My mortgage company just filed a motion for relief from the automatic stay in my bankruptcy case. What do I do?

It depends on whether you want to keep the home or give it up. Short Answer: Fight it if you want to try to save the home. Ignore it if you’re surrendering the home anyways. Long Answer: So when you

I am still on a car loan with my ex-wife (ex-husband). What happens when I file bankruptcy?

It depends on what you want to happen. Most likely, we will take you off of the car loan and discharge that debt.  Your ex-spouse is still on the hook for the full loan, and they will need to keep pa

What happens to my bitcoins when I file bankruptcy?

You lose them. In bankruptcy, we list all of your assets and then exempt (protect) them.  Most assets, like $3,000 of equity in your car, or 100% of your 401k, or all of your clothing on your back ar

What do I need to bring to my initial consultation with a bankruptcy attorney?

Honestly, nothing.  Most of my clients don’t bring any documents to their first consultation, but it wouldn’t hurt to be a little prepared. Here’s what you don’t need:  money.  I hate takin

What To Expect At Your 341 Meeting

What To Expect at Your 341 Meeting in Utah 341 Meeting Instructions Your section 341 meeting of creditors is approaching, so to help ensure a smooth meeting this video will provide you with instructio

What Happens to Rental Property in Bankruptcy

The post What Happens to Rental Property in Bankruptcy appeared first on UtahBankruptcyAttorneys.net.

When Can I Buy A Home After Bankruptcy

When Can I Buy A Home After Bankruptcy and Foreclosure? I was speaking with a friend the other day who about a year ago short sold a home following a job loss and related struggles. She had a short-sa

Should I Sign A Reaffirmation Agreement

What Is a Reaffirmation Agreement? A reaffirmation agreement is an agreement by which the debtor agrees to remain personally liable for a debt post-bankruptcy.   A reaffirmation agreement essentiall

Why Is Bankruptcy A Constitutional Principle?

Ever wondered why is bankruptcy a Constitutional Principle? The United States constitution has only 4,400 words. It is the oldest and shortest written Constitution of any major government in the world

What Happens After You File Chapter 13?

Once a chapter 13 bankruptcy case is filed, the automatic stay prevents creditors from legally foreclosing, garnishing, repossessing or collecting against the debtor or any individual joint debtors. A

What Is a Section 341 Meeting of Creditors?

Many of our clients are initially somewhat concerned about the meeting of creditors.  The meeting of creditors need not cause substantial concern. Frequently after the meeting our clients will commen

Are Federal or State Taxes Dischargeable in Bankruptcy?

One of the most frequently asked questions that we hear in our Utah bankruptcy practice is whether taxes can be discharged in bankruptcy. The answer to such a seemingly simple question is actually qui

Increases to Utah Bankruptcy Exemptions

Keep More Property in Bankruptcy The Utah legislature amended the Utah bankruptcy exemptions  in 2013.  Bankruptcy exemptions are the laws that protect property from liquidation in bankruptcy.  Sin

Can I File Bankruptcy Without My Spouse?

Frequently clients need to file for bankruptcy, but want to do so without his or her spouse being affected.  That raises the questions: Can a married person file bankruptcy alone? How is the non-fili

Subscribe:

Subscribe via RSS

News Category

Finance

Feed Tags:

  • Bankruptcy
  • Utah
  • Utah Real Estate
  • platinum realty

All feed content copyright theiir respective owners. Use of links to and summaries of content by this site in rss curation falls under fair use for the purpose of reporting and commentary.