In my experience most people don’t want others to know about their financial issues and challenges. This certainly goes for bankruptcy. So I get this question all the time if I file for bankruptcy who knows ? Your lawyer, your creditors, you, and whoever else you decide to tell. Bankruptcy is a public record and… Continue reading Bankruptcy who knows
Category: Utah Bankruptcy
Bankruptcy discharge vs closed
Bankruptcy discharge is when the debtor is released from liability to pay his or her debts and no longer required to pay any debts that are discharged, and it also prohibits creditors from coming to collect your debt. Getting a bankruptcy discharge is a big step in a bankruptcy case but it’s not the end… Continue reading Bankruptcy discharge vs closed
Bankruptcy court in Utah
Bankruptcy court in Utah is located in Salt Lake City at 350 Main St #301, Salt Lake City, UT 84101. The Bankruptcy Court in Utah is located in the Moss Courthouse. The Moss Courthouse has been the main US Courthouse in Utah for over 100 years. Recently a new federal courthouse was built next to… Continue reading Bankruptcy court in Utah
How bankruptcy affects credit score
No matter which bankruptcy you file for, it will show you how bankruptcy affects credit score. That affect be for the good or the bad. Whether it is a Chapter 7 bankruptcy or a Chapter 13 bankruptcy it will be how bankruptcy affects credit score. We find many of our client actually improve their… Continue reading How bankruptcy affects credit score
What bankruptcy cannot do for you
Bankruptcy is not the silver bullet that will cure all your financial issues. Many people want to know what bankruptcy can do for them here is what bankruptcy cannot do for you. There are debts that bankruptcy cannot eliminate like student loans, child support, alimony and most secured debts. What bankruptcy cannot do for you and… Continue reading What bankruptcy cannot do for you
What bankruptcy means
The simple answer to what bankruptcy means is that “the bank is broken.” What bankruptcy means that you most likely do not have sufficient assets or money to pay off or cover your debts. What bankruptcy means in todays usage is a legal maneuver that can help way to wipe out those debts that you… Continue reading What bankruptcy means
Saturday bankruptcy consultation
Have you ever wondered if bankruptcy was a solution to your problems? We are participating in the Saturday Bankruptcy Clinic this coming Saturday. This Saturday bankruptcy consultation will be FREE at our Orem location: 1215 S Main Street, Orem, Utah. We know that it is sometimes hard to take off from work and so we… Continue reading Saturday bankruptcy consultation
Bankruptcy for child support
Congress decided that child support is too important to be discharged in a bankruptcy. It is not possible to get a discharge in bankruptcy for child support. Child support has been granted a priority status in bankruptcy. As a result of that your child support will be placed in as a priority debt in… Continue reading Bankruptcy for child support
Bankruptcy who to contact
When considering to file bankruptcy who to contact is a big deal. Since bankruptcy is most likely one of the bigger financial decisions you will make in your life finding the right attorney to help is important. When your filing make the decision to consider bankruptcy who to contact is the logical next decision. You’ll… Continue reading Bankruptcy who to contact
Bankruptcy without assets
There is no requirement to have assets when you file bankruptcy so you can certainly file bankruptcy without assets. In a “No Asset” Chapter 7 bankruptcy case, the debtor doesn’t own any assets or property that the creditors can take therefore they have a bankruptcy without assets. The debtor possesses nothing that can be sold… Continue reading Bankruptcy without assets