How soon to talk to a bankruptcy lawyer

May 3, 2019

In certain circumstances, talking to a bankruptcy lawyer as soon as possible may be in your best interests. If you’ve already been thinking about filing for bankruptcy, you’re probably not in the strongest financial position. So, if life deals you another bad hand, you may not have the means to meet the challenge. Below are […]

Filing Utah bankruptcy for a second time

April 30, 2019

When you file for bankruptcy and eliminate your debts, you get a fresh financial start. But what if you get into serious money troubles down the road? Is a second bankruptcy possible? The good news is that, yes, you can file for Utah bankruptcy a second time. In fact, the law does not limit the […]

Understanding the automatic stay in Utah bankruptcy

April 5, 2019

When you file for Chapter 7 or Chapter 13 bankruptcy, it activates an automatic stay. This is an injunction that immediately stops most creditors from taking action to collect debts. This protection is a huge help for debtors, and it can be reason enough to file for bankruptcy. The Utah bankruptcy automatic stay does not […]

Filing individual vs. joint bankruptcy in Utah

February 26, 2019

If you’re married and you live in Utah, you can file for bankruptcy alone. State law does not require you to file a joint petition with your spouse, so the choice is yours. However, the decision on whether to file for bankruptcy individually or together is not one you should take lightly. You need to […]

Filing bankruptcy yourself vs. Using a bankruptcy lawyer

February 1, 2019

Technically speaking, hiring a bankruptcy lawyer is not essential – you can legally file for bankruptcy on your own, without assistance from an attorney. However, just because you can do something doesn’t mean you should. While handling the claim yourself and skipping the attorney fees might seem like a good idea, going that route could […]

Can you discharge tax debt in bankruptcy?

January 15, 2019

You may have heard that filing for bankruptcy can help you eliminate your past tax debts – and this could be the case. But, don’t count on getting relief from all of your IRS obligations. In order to be dischargeable through bankruptcy, back taxes need to meet certain conditions. To learn whether your IRS debts […]

Bankruptcy attorney vs. Petition preparer

January 10, 2019

You can turn to either a bankruptcy attorney or a petition preparer if you need help filing for Chapter 7 or Chapter 13. But, be aware that the two types of professionals do not offer the same scope of services. To learn about how a bankruptcy attorney differs from a petition preparer – and why […]

bankruptcy exemptions

December 20, 2018

If you file for Chapter 7, you don’t have to worry about the court taking all your assets and selling them off to pay your creditors. Utah bankruptcy exemptions protect at least some of your property. However, Chapter 7 bankruptcy filers must follow the state’s laws regarding exempt property. Utah Bankruptcy Homestead Exemption Do you […]

means test bankruptcy

December 10, 2018

If you want to file for Chapter 7 bankruptcy in Utah, you must pass the means test. This step identifies debtors who have the financial ability – or the means — to pay off their creditors through a Chapter 13 repayment plan. Anyone who doesn’t pass the test does not qualify for Chapter 7. The […]

bankruptcy credit counseling

November 15, 2018

Bankruptcy credit counseling is one of the steps to filing for Chapter 7 or Chapter 13. The purpose of this course is to evaluate your financial situation and give you a chance to explore alternative options for managing your debts, such as working out a budget and repayment plan. Upon completion, you will be issued […]