There are also time limits for when someone can file a request to have your discharge reversed. Depending on which chapter of bankruptcy you have filed, the deadline is generally a year after your case was discharged, or a year after the case was closed. If the court revokes your bankruptcy discharge, you’ll remain liable for any previously discharged debts. Also, if you committed fraud or otherwise abused the bankruptcy system, you might have to pay fines, forfeit assets, or face criminal prosecution
Category: utah valley bankruptcy
Should I file bankruptcy
When I talk with a potential client I tell people the facts and point them in the direction that would be best for them financially based on their needs, wants and goals. Just because you talk with me does not mean that you need to file bankruptcy – nothing is written in stone.
Bankruptcy in 2021
Bankruptcy in 2021 still spans the time of the Covid-19 pandemic. Last year many of my clients were able to start the bankruptcy process ahead of the curve because they were able to use a portion of their stimulus checks to cover court and attorney fees.
Should I file for Bankruptcy before I get Married?
Here’s the thing, if you’re about to get married you’re smart to take time to strategize financially. Taking a large amount of debt into a marriage can be destructive on many different levels. One of the leading causes of divorce is money problems so it is defiantly wise to consider your options before you tie the knot.
What About My Bankruptcy Documents After Bankruptcy
So if you have already filed a bankruptcy case and received a discharge – Congratulations! The goal of bankruptcy is to receive your bankruptcy discharge at the end of your Chapter 7 or Chapter 13 case. I am sure you are anxious to get a fresh start, but what should you do next? First may… Continue reading What About My Bankruptcy Documents After Bankruptcy
A Fresh Start
Ultimately, the point is that anyone can find themselves in a tough spot financially. The great news is that they can also rise above those circumstances and get a fresh start. If you are struggling financially, remember you can start over and bounce back.
Bankruptcy help in Utah
Meet Jack and Diane two Utah kids doing the best that they can. Things were going along great for the couple and they soon had two kids, a nice little house, a dog named “Timmy”, and both had good jobs. But then one day Jack got hurt at his job at the Tasty Freeze.
How often can you file bankruptcy
Receiving a discharge of debts after filing bankruptcy can be a huge relief, but sometimes it might be only a temporary reprieve. As the years pass, the bills might start piling up again, and unexpected events like illness or layoffs can overwhelm your finances all over again. In these circumstances, the question “how often can you file bankruptcy?” is relevant.
What debt survives bankruptcy?
There are a number of kinds of debt that my not go away in a bankruptcy case. So in your case what debt survives bankruptcy? It’s important to speak with an experienced bankruptcy lawyer before you file bankruptcy so you have a better understanding of the outcome of your bankruptcy.
2020 Bankruptcy Filing Fee To Increase
These fee increases, outlined in the attached document, will be effective December 1, 2020. Note that the increase to the administrative fee for filing a bankruptcy petition is only one portion of the total filing fee.