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
Category: #utahbkguy
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.
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
Bankruptcy with two homes
A reader just asked can I file bankruptcy with two homes? Short answer is yes you can file bankruptcy with two homes. However it may or may not be in your best interest to do so. If you already have payments that are behind on the homes upon filing bankruptcy the court will place an… Continue reading Bankruptcy with two homes
Recent Utah Median Income Number For Bankruptcy
As of November 1, 2018, the Census Bureau Utah Median Income by Family Size have been updated — this happens every 6 months. The Median Income Levels for Utah are up. This is important because the Utah median income number is a determining factor in the type of bankruptcy someone can file. If your income… Continue reading Recent Utah Median Income Number For Bankruptcy
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
When bankruptcy makes sense
You know when bankruptcy makes sense to you when you won’t be able to be able to pay back your debt within 3-5 years. At this point it can be a good time to consider bankruptcy. This could happen because of a financial catastrophe. It might be due to medical issues or losing your… Continue reading When bankruptcy makes sense
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