Where are Utah bankruptcy petitions filed

Where are Utah bankruptcy petitions filed is a common question.  You need to first understand the two court system we have in the United States.  There are state court systems and the federal court system. Bankruptcy and is related laws and rules stem from a clause in the U.S. Constitution making bankruptcy part of the… Continue reading Where are Utah bankruptcy petitions filed

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

Bankruptcy without losing house

Filing bankruptcy without losing house happens all the time.  This is usually one of biggest concern with my clients that own property.  It’s understandable that there is so much concern about filing bankruptcy without losing house since our homes are usually are largest asset (and usually our largest debt).  Most people are able to keep… Continue reading Bankruptcy without losing house

When bankruptcy ends

So if the goal of a bankruptcy is a discharge, then the question is, when bankruptcy ends.  Most people think that a bankruptcy usually end when you are discharged.  But the case is not technically over at that point.  The court will grant a discharge in a Chapter 7 bankruptcy case usually within  about 120… Continue reading When bankruptcy ends

The Bankruptcy Guy

In today’s mail came the official Trademark for “The Bankruptcy Guy“.  For years my friends have called me “the bankruptcy guy” and last year I started looking into the process of obtaining the official trademark to the name.  In the end it took nearly a year and hours of legal work to obtain the mark. … Continue reading The Bankruptcy Guy

Are bankruptcy records public

Yes bankruptcy records are available to the public. There is website where bankruptcy records are posted as they occur called Public Access to Court Records or PACER.  They will most likely just be looked up by attorney’s however, because on the PACER website it costs money to review each page and to open an account… Continue reading Are bankruptcy records public

Bankruptcy to keep house

Keeping assets during a bankruptcy is dependent on how much you owe for them, how much they are worth, and also the type of bankruptcy you are planning to file for bankruptcy to keep house. The most common bankruptcy is a Chapter 7, and generally people file for this kind of bankruptcy because they do… Continue reading Bankruptcy to keep house

Bankruptcy with divorce

Whether you should file a bankruptcy before or after your divorce depends upon your debts, properties, where you are living and a web of other issues. When considering bankruptcy with divorce you will want to consider all options to know if you should get divorced first or file for file a bankruptcy first, that way… Continue reading Bankruptcy with divorce

Bankruptcy without affecting spouse

Sometimes only one of the parties in a marital relationship has debt and needs to file for bankruptcy.  Sometimes some or all of the debt is held in both parties names.  If one spouse files for bankruptcy individually, only the person who filed for bankruptcy will be able to get a discharge or relief from… Continue reading Bankruptcy without affecting spouse