Under bankruptcy law, certain types of property are considered exempt, meaning that they are protected from being sold or liquidated to pay off creditors.
Category: Utah Bankruptcy Guy
Can a Bankruptcy Affect my Divorce?
Filing for bankruptcy during a divorce can have both positive and negative effects on your divorce case
Bankruptcy and my Social Security
Social Security benefits are considered exempt property under federal law and are protected from creditors in bankruptcy.
10 things everyone looking into bankruptcy should know!
While bankruptcy can be a challenging process, it can also offer a fresh start for individuals or businesses struggling with debt.
$0 Down Bankruptcy – Think Twice Utah.
While the idea of a “$0 down” bankruptcy may seem appealing, there are several potential drawbacks to be aware of.
3 Ways to Fight a Garnishment: Utah Bankruptcy
It is important to take action as soon as possible if you are facing a wage garnishment. Ignoring the issue will only make it worse, and you may end up losing more of your wages over time.
15 Ways to Bounce Back After Bankruptcy
Bankruptcy can be a difficult and stressful situation to go through, but there are steps you can take to come out of it for the better. The team at the Utah Bankruptcy Guy works with people just like you everyday. Over the years we have come up with the common things people do to make life after bankruptcy easier. Here are 15 ways to help you get back on your feet after bankruptcy.
Involuntary Bankruptcy: Utah Bankruptcy
Involuntary bankruptcies are relatively rare in Utah and are typically only used in situations where creditors believe that the debtor is purposely avoiding their obligations or engaging in fraudulent behavior.
What Do I Tell My Lawyer: Utah Bankruptcy
It is not a good idea to hide information from your bankruptcy lawyer. When you hire a Utah bankruptcy lawyer, they are legally bound to maintain client confidentiality, which means that they cannot share your information with anyone without your permission.
How often can you file a Utah bankruptcy?
The frequency with which you can file for bankruptcy in Utah depends on the type of bankruptcy you want to file and the timing of your prior bankruptcy filings.