Find the best information on Utah Bankrtupcy and what you can do to plan out your strategic bankruptcy.
OverviewBankruptcy law provides for the reduction or elimination of certain debts, and can provide a timeline for the repayment of nondischargeable debts over time. It also permits individuals and o
Utah State Courts public website. Information regarding court locations, rules, opinions, how-to guides, and additional infomation from the Utah State Courts system.
(This is a creditor question, and I don’t represent creditors. I represent the people who need to seek bankruptcy protection from creditors, but I get asked the question enough that I thought it w
It’s complicated. Plan on losing all but $1,000 of it for the next 3-5 years. And don’t forget, when you pay this tax refund money into your chapter 13 case, it does NOT pay off your plan early.
Hopefully just the next one (in a Chapter 7). You will normally only lose one tax refund to the bk trustee, and if you do it right, then you won’t lose any refund money at all. When we file bank
Your case gets dismissed, you still owe the money, and you are no longer protected from your creditors. So when you file bankruptcy, you are required to pay a filing fee to the bankruptcy court.
You lose it unless you receive it and spend it first. In other words, if you are contemplating bankruptcy, you should probably figure out how much of a refund you’ll be getting before you pull t
I know. This isn’t bankruptcy. But it could lead you to bankruptcy, and it is pretty interesting financial news.
No. When you file your chapter 7 case, you are seeking a discharge of your debts. In most cases, you file the case, meet with the bk trustee a month later, take the second online class (the Debtor E
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
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
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
The post What Happens to Rental Property in Bankruptcy appeared first on UtahBankruptcyAttorneys.net.
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
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
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
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
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
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
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
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
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.