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
Category: utah county bankruptcy
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
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
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.
Bankruptcy versus short sale
First thing to understand, a short sale is when a homeowner, through the approval of their bank or mortgage lender, sells their home for less than what they owe on the mortgage. Potential home buyers must make a short sale offer, and homeowners then communicate this offer to the bank by applying for short sale… Continue reading Bankruptcy versus short sale
Are bankruptcy filings published in the newspaper
Are bankruptcy filings published in the newspaper? This question relates well to another one of our frequently asked questions: “are bankruptcy cases public record?” If you haven’t read the answer to that question yet, take a second to do so as it might help clear up some of your concerns about word getting around that… Continue reading Are bankruptcy filings published in the newspaper
Where to find bankruptcy filings online
In my recent blog post entitled “Are bankruptcy cases public record?”, I talk about the online database called PACER where all bankruptcy records are stored including those bankruptcy cases filed in Utah. However, in that blog post we also discuss the process required by PACER for someone to obtain those records: essentially you must… Continue reading Where to find bankruptcy filings online
How will bankruptcy affect your spouse
This is a great question, and an important one to consider whether you are filing bankruptcy individually or jointly with your spouse. Also depends on whether you are filing Chapter 7 bankruptcy or Chapter 13 bankruptcy. One of the most common questions a Utah bankruptcy attorney receives is: “How will filing bankruptcy affect your spouse?”… Continue reading How will bankruptcy affect your spouse
Bankruptcy with credit card debt
Can I file bankruptcy with credit card debt? The short answer to this question is YES. Credit card debt is one of the common reason that people file for bankruptcy. Once your case gets filed the credit card companies and their collection agencies can no longer harass you with phone calls and letters or something… Continue reading Bankruptcy with credit card debt
Which bankruptcy is best
So which bankruptcy is best? There really isn’t a right or wrong type of bankruptcy–it all just depends on your circumstances and what would work best for your specific situation. To give you a general idea of which bankruptcy is best you need to understand the different kinds of bankruptcy, here’s a quick summary of… Continue reading Which bankruptcy is best