Bankruptcy discharge in Utah- what is it

The Bankruptcy Discharge in Utah: For those filing Chapter 7 bankruptcy in Utah the final goal is to have their debts discharged and to keep all nonexempt property. A discharge is designed to relieve debtors of personal liability for most debts and prevents creditors from taking any action to collect from the debtor after the… Continue reading Bankruptcy discharge in Utah- what is it

The Bankruptcy Lab

Lets face it the task of gathering up your entire financial history and organizing it for a bankruptcy attorney sounds like as much fun as going to the dentist – not the good dentist – but the one that never gives enough mouth numbing stuff before they start to drill…we have been there and we… Continue reading The Bankruptcy Lab

Filing Bankruptcy During Government Shutdown in Utah

According to the US Courts website you should be able to still file a bankruptcy during government shutdown in Utah…as normal for at least three more weeks and beyond according to the news release. “Despite a partial shutdown of the federal government that began on Dec. 22, 2018, the Judiciary remains open and can continue… Continue reading Filing Bankruptcy During Government Shutdown in Utah

Alternatives to Filing Bankruptcy in Utah

Alternatives to Filing Bankruptcy in UtahBefore you decide if bankruptcy is right for your situation you should consider if there are alternatives to filing bankruptcy in Utah. Here are four alternatives to filing bankruptcy in Utah, however these alternatives are not for everyone: Do a Work Out with Your CreditorsThe first step with this alternative… Continue reading Alternatives to Filing Bankruptcy in Utah

Bankruptcy versus short sale

First thing to understand, a short sale is when a homeowner, through the approval of their bank or mortgage lender, sells their home for less than what they owe on the mortgage. Potential home buyers must make a short sale offer, and homeowners then communicate this offer to the bank by applying for short sale… Continue reading Bankruptcy versus short sale

Bankruptcy with two homes

A reader just asked can I file bankruptcy with two homes?  Short answer is yes you can file bankruptcy with two homes.  However it may or may not be in your best interest to do so.  If you already have payments that are behind on the homes upon filing bankruptcy the court will place an… Continue reading Bankruptcy with two homes