One of the common questions people ask us is how long does it take to complete a Chapter 13 cases. As I have written about other types of bankruptcy such as Chapter 7 cases take a matter of months in most cases however Chapter 13 cases can take from 3-5 years to complete. Here is… Continue reading Chapter 13 Bankruptcy: How Long Does It Take?
Category: Utah Bankruptcy
Bankruptcy: Chapter 7 How Long Does It Take
If you are considering filing for Chapter 7 bankruptcy in Utah, one of the first questions you probably have is “how long does it take?” The answer, like many things in life (and certainly in the law), is that it depends. Every bankruptcy case is different and it also depends on the chapter you file.… Continue reading Bankruptcy: Chapter 7 How Long Does It Take
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
What is a bankruptcy trustee
When a Chapter 7 bankruptcy petition is filed in Utah, two trustees are appointed, the U.S. Trustee and the Chapter 7 Trustee. The Utah Chapter 7 Trustee’s purpose is to administer the case and liquidate the debtor’s nonexempt assets. If all the debtor’s assets are somehow protected or are subject to valid liens, the trustee… Continue reading What is a bankruptcy trustee
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
Merry Christmas
Wishing all our readers a Merry Christmas and a Happy New Year! All the best! #utahbkguy
Alternatives to Filing Bankruptcy in Utah
Alternatives to Filing Bankruptcy in UtahBefore you decide if bankruptcy is right for your situation you should consider if there are alternatives to filing bankruptcy in Utah. Here are four alternatives to filing bankruptcy in Utah, however these alternatives are not for everyone: Do a Work Out with Your CreditorsThe first step with this alternative… Continue reading Alternatives to Filing Bankruptcy in Utah
Bankruptcy without a social security number
It may be surprising to learn that it is possible to file for bankruptcy in the U.S. without being a citizen of the United States, or even a legal resident.