Latest Utah Bankruptcy News And Information

Stay up-to-date with Douglas "The Bankruptcy Guy" Barrett and the entire DLBLAW team

Utah chapter 7

Chapter 7 or Chapter 13?

By utahbklawyer | Oct 19, 2021

Should you consider a Utah Chapter 7 bankruptcy? Absolutely!  There is a reason that Chapter 7 bankruptcy is the most common type of bankruptcy….

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Who Files For Chapter 7 Bankruptcy?

By utahbklawyer | Oct 5, 2021

It is important to talk with a bankruptcy attorney to understand the impact of filing bankruptcy with these kinds of debts.  In Utah, check out the Utah Bankruptcy Guy Team we can help.

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ch 13 bankruptcy relief

Which Bankruptcy is Reorganization

By utahbklawyer | Sep 28, 2021

One of the great benefits of this kind of bankruptcy is reorganization which can help you avoid losing your home to a foreclosure especially if you are behind on your mortgage payments.  You can come up with an affordable repayment plan to keep your home even if your lender is unwilling to work with you. 

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What are the benefits to filing bankruptcy

By utahbklawyer | Sep 14, 2021

If you’ve ever considered filing bankruptcy, you’ve probably wondered, “What are the benefits to filing bankruptcy?”. This is an important question to ask, and one we are happy to answer. The benefits can be divided up into six different sections.

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Did A Lot of People File Bankruptcy Last Year?

By utahbklawyer | Aug 24, 2021

In the year 2020, 544,463 people filed bankruptcy in the United States. That number may seem enormous,  but in reality, Bankruptcy filings in 2020 were the lowest they have been in thirty-five years. This may seem counterintuitive for the type of year 2020 was, but it makes sense when you think more about the government assistance that a lot of people received last year.

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immigration bankruptcy

Will filing bankruptcy affect my immigration status

By utahbklawyer | Aug 10, 2021

So good news, filing bankruptcy will not affect immigration status, green card or the ability to apply for US Citizenship. The only way it could possibly affect these processes, is if it is found later that you had lied in your bankruptcy case under oath, or left out information in the bankruptcy petition,

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benjamin and bankruptcy

Bankruptcy and Benjamin Franklin

By utahbklawyer | Jul 26, 2021

We can learn a lot from Franklin’s perspective. Unhealthy spending habits, lack of discipline and debt can be very cancerous to our lives. So what else has he said on this topic? A well-known quote of his is as follows: “For age and want, save while you may. No morning sun lasts the whole day.”

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Money Talks

By utahbklawyer | Jul 13, 2021

Relationship money talks about finances should be happening often in serious relationships. They are especially important when you and your significant other are talking about joining your future together in a marriage. When you get married, your spouse’s financial situation can really affect you.

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bankruptcy and my husband

Will bankruptcy affect my husband?

By utahbklawyer | Jun 28, 2021

Sometimes filing bankruptcy individually isn’t necessarily the best option if you and your spouse share debts, and only one one of you files since debt collectors still have the ability to contact the non-filing spouse regarding debt payments. Filing jointly can be beneficial to your spouse in that situation, because it could protect them from debt collectors.

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