Bankruptcy without tax returns

You can file a bankruptcy without tax returns but if you have unfiled tax returns it may be in your best interest to file them before you file as opposed to right after you file for bankruptcy.  It is in you best interest to have your tax returns filed prior to the filing of your… Continue reading Bankruptcy without tax returns

Stop debt collector calls

One of the most common reasons people decide to file for bankruptcy is to stop debt collector calls.  by filing bankruptcy you can immediately stop debt collector calls.  Any collector that still attempts to collect on a debt once they know about your bankruptcy is in violation of 11 U.S.C. Sec 362.  Bankruptcy is a… Continue reading Stop debt collector calls

Bankruptcy who knows

In my experience most people don’t want others to know about their financial issues and challenges.  This certainly goes for bankruptcy.  So I get this question all the time if I file for bankruptcy who knows ?  Your lawyer, your creditors, you, and whoever else you decide to tell. Bankruptcy is a public record and… Continue reading Bankruptcy who knows

Bankruptcy discharge vs closed

Bankruptcy discharge is when the debtor is released from liability to pay his or her debts and no longer required to pay any debts that are discharged, and it also prohibits creditors from coming to collect your debt. Getting a bankruptcy discharge is a big step in a bankruptcy case but it’s not the end… Continue reading Bankruptcy discharge vs closed

Bankruptcy court in Utah

Bankruptcy court in Utah is located in Salt Lake City at 350 Main St #301, Salt Lake City, UT 84101.  The Bankruptcy Court in Utah is located in the Moss Courthouse.  The Moss Courthouse has been the main US Courthouse in Utah for over 100 years.  Recently a new federal courthouse was built next to… Continue reading Bankruptcy court in Utah

How bankruptcy affects credit score

No matter which bankruptcy you file for, it will show you how bankruptcy affects credit score.  That affect be for the good or the bad.  Whether it is a Chapter 7 bankruptcy or a Chapter 13 bankruptcy it will be how bankruptcy affects credit score.   We find many of our client actually improve their… Continue reading How bankruptcy affects credit score

What bankruptcy cannot do for you

Bankruptcy is not the silver bullet that will cure all your financial issues.  Many people want to know what bankruptcy can do for them here is what bankruptcy cannot do for you.  There are debts that bankruptcy cannot eliminate like student loans, child support, alimony and most secured debts. What bankruptcy cannot do for you and… Continue reading What bankruptcy cannot do for you

What bankruptcy means

The simple answer to what bankruptcy means is that “the bank is broken.”  What bankruptcy means that you most likely do not have sufficient assets or money to pay off or cover your debts.   What bankruptcy means in todays usage is a legal maneuver that can help way to wipe out those debts that you… Continue reading What bankruptcy means

Saturday bankruptcy consultation

Have you ever wondered if bankruptcy was a solution to your problems?  We are participating in the Saturday Bankruptcy Clinic this coming Saturday.  This Saturday bankruptcy consultation will be FREE at our Orem location: 1215 S Main Street, Orem, Utah.  We know that it is sometimes hard to take off from work and so we… Continue reading Saturday bankruptcy consultation

Bankruptcy for child support

Congress decided that child support is too important to be discharged in a bankruptcy.   It is not possible to get a discharge in bankruptcy for child support.  Child support has been granted a priority status in bankruptcy.  As a result of that your child support will be placed in as a priority debt in… Continue reading Bankruptcy for child support