Which bankruptcy eliminates all debt

Consequences of Bankruptcy?

If you’re hoping that bankruptcy is a quick way to have your debts discharged without having to pay another cent or lift a finger, you can be disappointed if you don’t know the facts. Which bankruptcy eliminates all debt? Well Chapter 7 bankruptcy, the most common type of consumer bankruptcy, is also called a ‘liquidation’… Continue reading Which bankruptcy eliminates all debt

Book on Filing Bankruptcy in Utah

Consequences of Bankruptcy?

Press Release Orem (UT) for immediate release: Today the Fourth Edition of the book on filing bankruptcy in Utah was published. The Insiders Guide: Getting a Fresh Financial Start in Utah has been in print since 2005. The book, by Utah Bankruptcy lawyer Douglas Barrett, has help thousands determine if filing bankruptcy was their best… Continue reading Book on Filing Bankruptcy in Utah

Where Did Bankruptcy Come From?

So where did bankruptcy come from? Throughout humanity’s history, societies have developed different laws and regulations for how to handle debt. These laws were typically harsh and often self-defeating. For example, some regions of the world mandated that debtors could be executed for failure to pay a debt, which of course meant that the creditor… Continue reading Where Did Bankruptcy Come From?

Locate the Utah Bankruptcy Trustee

Here is a quick guide to locate the Utah Bankruptcy Trustee. Here is a comprehensive list of the Utah Bankruptcy Trustee’s listed by bankruptcy chapter. Included are their Name, Mailing Address, Phone Number and Email address: Chapter 7 Bankruptcy Trustee Steven R. Bailey, Chapter 7 Panel Trustee 2454 Washington Blvd. Ogden, UT 84401 E-mail: [email protected]Continue reading Locate the Utah Bankruptcy Trustee

Can I file bankruptcy with a leased car?

Can I file bankruptcy with a leased car? Yes, you can file bankruptcy with a leased car in Utah but if you are hoping to retain the vehicle, there are special requirements that your attorney will need to follow in order for you to keep the car. You can keep a vehicle in Chapter 7 Bankruptcy or… Continue reading Can I file bankruptcy with a leased car?

How bankruptcy affects your life

This topic is complex and difficult to answer concisely since many different aspects of your life can be impacted by filing for bankruptcy. Here are three ways bankruptcy affects your life. Sometimes people feel guilty or ashamed that they have gone bankrupt, particularly since society has developed a negative stigma around bankruptcy. However, like any… Continue reading How bankruptcy affects your life

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