Do you give up your car in bankruptcy

March 30, 2021

If you’re thinking about filing for Chapter 7 bankruptcy in Utah, you’ll want to know about the motor vehicle exemption. Exemptions are laws that provide bankruptcy filers with asset protection, as any property that qualifies cannot be sold to pay off creditors. Below, you’ll find details on the Utah motor vehicle exemption and how to […]

What happens during a creditor hearing?

March 5, 2021

Whether you file for Chapter 7 or Chapter 13 bankruptcy, one step on the route to discharge is the 341 hearing. Also referred to as the meeting of creditors, the hearing is designed to confirm the details in your bankruptcy paperwork and explore the potential for a debt repayment plan. That might sound rather daunting, […]

Alternatives to bankruptcy lawyers in Utah

February 23, 2021

Many people who file for Chapter 7 or Chapter 13 do so with the assistance of an experienced bankruptcy lawyer. Some people choose to work with a petition preparer instead. What is the right move to make? To answer that question, you’ll need to consider the scope of services each type of professional provides. Read […]

Calculating asset value for Utah bankruptcy filing

February 5, 2021

Bankruptcy can help you secure a brighter financial future, one without overwhelming debt. The process starts when you file the required forms and documents (also called the bankruptcy petition, statements, and schedules) with the court. The schedules for your personal bankruptcy must include not only your income, expenses, debts and liabilities, but also your assets. […]

Which debts get wiped out in a Utah bankruptcy

January 26, 2021

If you’re dealing with serious debt and unable to make ends meet, filing for bankruptcy may be the best solution. Once your case is complete, you may be debt-free – but, you might also be left having to pay some bills. Bankruptcy doesn’t eliminate all types of debt, so to know where you’ll stand afterwards, […]

Payday loans and bankruptcy

January 1, 2021

You may already know that Chapter 7 bankruptcy can eliminate your past-due medical bills and credit card balances. But what about payday loans? Can filing a claim provide you with relief from this type of debt? The short answer is yes, bankruptcy can enable you to get free from the burden of having to pay […]

Debt consolidation vs. Bankruptcy

December 29, 2020

Are you drowning in debt? Consolidation could be the solution, allowing you to pay off what you owe and get on the road to financial stability. But before you make any decisions, talk to a qualified bankruptcy attorney. Working with a debt consolidation company can be risky, and many people who do come to regret […]

Utah chapter 7 bankruptcy

December 4, 2020

If you’re hoping to become a homeowner, but need to file for Chapter 7 bankruptcy, you may be wondering how doing so will affect your chances of getting a mortgage. The truth is, a bankruptcy filing won’t prevent you from buying a house – however, the process will require both patience and careful planning. Bankruptcy […]

Does filing bankruptcy stop wage garnishment

November 24, 2020

When you’re struggling to pay your bills, a wage garnishment is likely to make the situation worse. Chapter 7 bankruptcy can help you bounce back, stopping your creditors from taking a chunk of your paycheck every month. If your wages are being garnished now – or if a creditor is threatening you with wage garnishment […]

Utah bankruptcy lawyer

November 6, 2020

If you are deeply in debt, filing for Chapter 7 bankruptcy could be the best way to get back on your feet. That’s the case for many people in Utah, but for some, Chapter 13 bankruptcy is the right solution. The decision on which legal route to take may hinge upon eligibility, as not everyone […]