Are bankruptcy records public

Yes bankruptcy records are available to the public. There is website where bankruptcy records are posted as they occur called Public Access to Court Records or PACER.  They will most likely just be looked up by attorney’s however, because on the PACER website it costs money to review each page and to open an account… Continue reading Are bankruptcy records public

Bankruptcy to keep house

Keeping assets during a bankruptcy is dependent on how much you owe for them, how much they are worth, and also the type of bankruptcy you are planning to file for bankruptcy to keep house. The most common bankruptcy is a Chapter 7, and generally people file for this kind of bankruptcy because they do… Continue reading Bankruptcy to keep house

Bankruptcy filings spike in Utah

Bankruptcy filings increased in October after declines in September, with Utah having one of the highest per capita filing rates last month. According to an article by ACI International: “Total U.S. bankruptcy filings increased 2 percent to 64,579 in October 2017 compared to 63,802 in October 2016, according to a news release from the ABI… Continue reading Bankruptcy filings spike in Utah

What bankruptcy wont cover

If you are considering bankruptcy you are most likely look at all your options – that’s smart.  It seems to easy to find out the pros of bankruptcy like what a bankruptcy will cover but what won’t cover is the next logical question.  What bankruptcy wont cover are nondischargeable debts.  In the world of bankruptcy… Continue reading What bankruptcy wont cover

New Chapter 13 Bankruptcy Plan

Chapter 13 bankruptcy is the type of bankruptcy that allows for a reorganization of debts.  Chapter 13 can be a very useful tool to allow a debtor the opportunity to keep a home through bankruptcy even if they are behind on their mortgage payments at the time they file bankruptcy.  Many times this is not… Continue reading New Chapter 13 Bankruptcy Plan

Who do bankruptcy laws protect

In my law practice I have represented debtors and creditors and for a time even worked for the bankruptcy courts.  I think I have a good idea of all the different parties in the process and where they are coming from generally.  In bankruptcy it is my observation that each side thinks the laws are… Continue reading Who do bankruptcy laws protect

Bankruptcy for corporations

When filing for bankruptcy for a corporation there are a few options of the proper kinds of bankruptcy.  The following is merely an quick overview and we suggest you seek out an experienced bankruptcy lawyer.  In Utah that would be us! A Chapter 7 bankruptcy will be able to provide an orderly liquidation of the… Continue reading Bankruptcy for corporations

Bankruptcy to get out of debt

Bankruptcy wipes out some debts but it doesn’t wipe out all debts.  When you are looking into bankruptcy you will want to know what kind of debts you have and what kinds of debts will and won’t be eliminated by bankruptcy. Some of the debts that a bankruptcy will be able to eliminate are credit… Continue reading Bankruptcy to get out of debt

Bankruptcy to stop lawsuit

Filing for bankruptcy will stop a civil lawsuit at least in the short term . The automatic stay is what will prohibit people from collecting from you and you will be protected from a judgment being entered in the lawsuit until a creditor takes the necessary steps to get a court order allowing them to… Continue reading Bankruptcy to stop lawsuit

When bankruptcy is the only option

There are a several signs that indicate bankruptcy is probably your best or only financial option. These include when you actually have income but not enough income to pay for your basic need so you start to use a credit card to pay for your basic needs.  Since you cant pay your basic needs you… Continue reading When bankruptcy is the only option