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.
I hate this question, and to be honest, I’ve put off writing this blog post for over a year. First off, I will really try to price match, so don’t automatically call the lowest bidd
Probably yes. I have a client who received a $25,000 settlement from a personal injury case. She is worried that creditors or even the bk trustee will try to take that money from her. So
Usually nothing. (Chapter 13 cases get audited as well, but this blog article focuses on Chapter 7 cases). Short answer: If your case is above median and you draw an audit, they will ask for ban
Most likely yes. Today I received a call from a woman who was laid off from her job after 20 years with the same company. She was contemplating bankruptcy but had an interesting question for me:
It changed. For the last few years, you could make your online chapter 13 plan payment at the trustee website using their bill pay service. Now, when you click on their “Debtor Payments&rd
I covered this in 2014 (see below), and it really hasn’t changed. About a month after we file bankruptcy, we meet with a bankruptcy trustee assigned to your case. It is his job to determin
In 2014 I wrote about this (see below) and said, ‘No,” but it’s a little more complicated than that. Filing bankruptcy won’t affect your normal monthly child support pay
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
I covered this back in 2014 here: http://robertspaynelaw.com/myutahbankruptcyblog/2014/03/27/what-happens-if-i-dont-give-the-bankruptcy-trustee-my-tax-refund/ Just remember that you don’t
I posted this a couple of years back and realized that we need some updated numbers. Here is the original blog post: What are the median income figures for bankruptcy in Utah (February 201
No (generally). Generally, when you file bankruptcy as the signatory party on a credit card (the owner of the debt), it wipes out your liability for that debt. So if you owe American Expr
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 es
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 co
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 bankruptc
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-
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