Latest Utah Bankruptcy News And Information

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

How bankruptcy affects credit score

By utahbklawyer | Feb 15, 2018

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…

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What bankruptcy cannot do for you

By utahbklawyer | Feb 13, 2018

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…

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What bankruptcy means

By utahbklawyer | Feb 9, 2018

The simple answer to what bankruptcy means is that “the bank is broken.”  What bankruptcy means that you most likely do not have sufficient assets or money to pay off or cover your debts.   What bankruptcy means in todays usage is a legal maneuver that can help way to wipe out those debts that you…

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Saturday bankruptcy consultation

By utahbklawyer | Feb 7, 2018

Have you ever wondered if bankruptcy was a solution to your problems?  We are participating in the Saturday Bankruptcy Clinic this coming Saturday.  This Saturday bankruptcy consultation will be FREE at our Orem location: 1215 S Main Street, Orem, Utah.  We know that it is sometimes hard to take off from work and so we…

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Bankruptcy for child support

By utahbklawyer | Jan 25, 2018

Congress decided that child support is too important to be discharged in a bankruptcy.   It is not possible to get a discharge in bankruptcy for child support.  Child support has been granted a priority status in bankruptcy.  As a result of that your child support will be placed in as a priority debt in…

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Bankruptcy who to contact

By utahbklawyer | Jan 23, 2018

When considering to file bankruptcy who to contact is a big deal.  Since bankruptcy is most likely one of the bigger financial decisions you will make in your life finding the right attorney to help is important.  When your filing make the decision to consider bankruptcy who to contact is the logical next decision.  You’ll…

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Bankruptcy without assets

By utahbklawyer | Jan 18, 2018

There is no requirement to have assets when you file bankruptcy so you can certainly file bankruptcy without assets.  In a “No Asset” Chapter 7 bankruptcy case, the debtor doesn’t own any assets or property that the creditors can take therefore they have a bankruptcy without assets. The debtor possesses nothing that can be sold…

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Bankruptcy and tax refunds

By utahbklawyer | Jan 15, 2018

Many people have questions about bankruptcy and tax refunds.  Some come to see their income tax refunds as a type of yearly bonus.  In reality these refunds are usually caused by having paid too much in taxes during the past year. Many times people come to rely upon these refunds for planned yearly spending to…

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Bankruptcy when married

By utahbklawyer | Jan 12, 2018

There is no requirement that you and your spouse jointly file bankruptcy when married.  You can choose whether to file for bankruptcy with your spouse or as an individual.  The decision on filing bankruptcy when married should be based on the in depth analysis of you financial condition however.  It will usually depend on if…

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Utah County Backruptcy Attorney Services

Bankruptcy to avoid judgment lien
Bankruptcy for farmers
Is bankruptcy the only option?
Bankruptcy with medical bills
Can an LLC file bankruptcy?