One of the documents that you will need to give your attorney as you start the bankruptcy process is past years tax returns. So how do I access my tax returns is a common question in the bankruptcy world.
Category: Utah Bankruptcy Guy
Bankruptcy without going to court
I get asked all the time by potential clients if they can file bankruptcy without going to court. The majority for my clients never see the inside of a bankruptcy courtroom. So if this is a major concern of yours rest assured that the odds are in your favor that you will not need to go into a bankruptcy courtroom
Bankruptcy where you pay back
Chapter 13 bankruptcy where you pay back your debts has a number of benefits including: a lower level of risk to the debtor loosing assets (i.e. home, cars, etc.), ability to catch up missed mortgage and car payments, lower risk level of litigation from creditors, as well as means to pay back creditors in a fair and equitable manner.
Happy Thanksgiving 2019
Here at the Utah Bankruptcy Guy we thank you for the support and confidence that we have been shown by our loyal clients over the years.
Bankruptcy who knows
So bankruptcy who knows? Obviously anyone you owe money to at the time you file will need to be notified. Creditors are notified since payments to them will likely be affected by the bankruptcy proceedings. However other than creditors and your attorney very few other will be notified of you case filing. Even though bankruptcy filings are a matter of public record, they are usually not publicized unless the individual filing is a public figure.
How will bankruptcy affect my mortgage?
A Utah bankruptcy might actually help you to keep your home. Chapter 13 and to some extent Chapter 7 provide ways for you keep your home. Although, you cannot just file for bankruptcy protection and not inform your mortgage lender, you can treat how the loan is treated during a bankruptcy case and there are ways to assure the lender that you will be keeping the home and making the mortgage payment.
Bankruptcy where to file
Bankruptcy where to file? This question could be answered two different ways; hopefully one of which is the answer you are looking for! To begin with, your bankruptcy case will be filed with the federal district court of the location you have lived in for the past 180 days
Bankruptcy and renting an apartment
If you need to find new housing immediately after the filing of your bankruptcy many landlords will pull a credit report. Your Utah bankruptcy filing will show up on your credit report
Are bankruptcy notices published?
It’s important to understand that everything filed in a bankruptcy case is a matter of public record (except confidential information, such as a Social Security number). So technically, your bankruptcy filing would be available for viewing by anyone willing to go through the steps to see it. But remember most people wouldn’t bother.
Bankruptcy and my divorce
Bankruptcy and my divorce is something that should be timed and planned if at all possible. First you have to understand that these two distinct legal actions (bankruptcy and divorce) will not take place simultaneously in the same court. Bankruptcy is part of the Federal Court System and divorce is part of a State Court System. You need to understand and your marriage status (including expenses and income) can greatly impact the type and outcome of filing for bankruptcy.