Bankruptcy during Covid-19

The different procedures for bankruptcy during Covid-19 seem to vary between law firms and the bankruptcy courts. For example a number of local firms have closed their offices and are not taking clients. We have embraced the new changes and technology that make it so we can still offer high quality, full service bankruptcy to our clients.

Bankruptcy and Stimulus Money

Government Stimulus checks have been sent out in order to counter the significant negative impact on the economy that resulted from COVID-19. It was within the government’s intention to completely and legally protect these checks for those filing bankruptcy but it was forgotten in the rush of passing the Stimulus bill

Bankruptcy after COVID 19 – 5 Things to Know

The people that come out of bankruptcy in the best shape tend to be the ones who got expert advice early. You can get referrals from the National Association of Consumer Bankruptcy Attorneys, and the first meeting is typically free. Bankruptcy after COVID 19 does not mean you should rush to file for bankruptcy since your situation could improve, or things could get much worse. You need to understand that a Chapter 7 Bankruptcy can only be filed once every eight years so you will want to file when you can erase the maximum amount of debt.

Will bankruptcy affect my car insurance?

Will bankruptcy affect my car insurance? If you are lucky, the only factor negatively impacting your insurance rates will be your credit score, but depending on which company you use as an insurance provider, the other factors may also cost you more money each month.

How Utah Bankruptcy Online Works

If bankruptcy is in your best interest we will help you come up with a game plan to get your case filed quickly with minimal effort on your part. Since the Utah Bankruptcy Guy team works with thousands of people all over the State of Utah we can help you get the relief you need.

COVID-19: Connecting to our Clients

The Law Office of Douglas Barrett, LLC is and will remain dedicated to helping our clients in difficult times.  We recognize that with the constantly changing COVID-19 situation around the world, this is an unprecedented time for everyone and many people have concerns about their financial future. Our commitment to continue to help people file… Continue reading COVID-19: Connecting to our Clients

6 Things To Consider Before You File Bankruptcy

Most of the above mistakes can be fixed by simply by timing when you file your case. There are time periods for many types of transfers or actions — which means the bankruptcy court will examine certain types of transactions only within a certain period of time before you file. By delaying the filing of your bankruptcy until these periods have expired, you may be able to avoid problems. An experienced bankruptcy lawyer can walk you through the process and help you succeed in obtaining a fresh financial start before you file bankruptcy.

Bankruptcy Petition Preparer: Why you should avoid!

Hiring a bankruptcy petition preparer is a really bad idea. It’s also not a cost-effective. Instead, hire an experienced bankruptcy lawyer to guide you through the process.

Life after Bankruptcy: How to Create a Budget

Obtaining credit after bankruptcy is the key to having a credit life – after bankruptcy. Using credit wisely can help you get back on your feet quickly after bankruptcy. So even though you might qualify for a credit card you still need to use the credit you have wisely to create a budget. Make small charges on credit cards and pay the debt off each month. Don’t try and carry a balance from month to month since that may have been what got you into financial trouble before your bankruptcy.