Latest Utah Bankruptcy News And Information

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

bankruptcy virus

Money Problems and COVID-19

By utahbklawyer | Mar 27, 2020

Four weeks ago most people have never uttered the word “coronavirus” or “Covid-19” today it’s used in our everyday language. With half the population either out of work or working from home the economic effect is being felt by everyone, every day in every living room.

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Covid 19

COVID-19: Connecting to our Clients

By utahbklawyer | Mar 20, 2020

The Law Office of Douglas Barrett, LLC is and will remain dedicated to helping our clients in difficult times.  We recognize that with the constantly changing COVID-19 situation around the world, this is an unprecedented time for everyone and many people have concerns about their financial future. Our commitment to continue to help people file…

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questions about bankruptcy

6 Things To Consider Before You File Bankruptcy

By utahbklawyer | Mar 10, 2020

Most of the above mistakes can be fixed by simply by timing when you file your case. There are time periods for many types of transfers or actions — which means the bankruptcy court will examine certain types of transactions only within a certain period of time before you file. By delaying the filing of your bankruptcy until these periods have expired, you may be able to avoid problems. An experienced bankruptcy lawyer can walk you through the process and help you succeed in obtaining a fresh financial start before you file bankruptcy.

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bankruptcy in utah

Bankruptcy Petition Preparer: Why you should avoid!

By utahbklawyer | Feb 20, 2020

Hiring a bankruptcy petition preparer is a really bad idea. It’s also not a cost-effective. Instead, hire an experienced bankruptcy lawyer to guide you through the process.

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bankruptcy budget

Life after Bankruptcy: How to Create a Budget

By utahbklawyer | Feb 15, 2020

Obtaining credit after bankruptcy is the key to having a credit life – after bankruptcy. Using credit wisely can help you get back on your feet quickly after bankruptcy. So even though you might qualify for a credit card you still need to use the credit you have wisely to create a budget. Make small charges on credit cards and pay the debt off each month. Don’t try and carry a balance from month to month since that may have been what got you into financial trouble before your bankruptcy.

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divorce or bankruptcy

Divorce and Bankruptcy

By utahbklawyer | Feb 4, 2020

Money problems tend to impact every area of our lives so it is not a surprise that money problems are consistently listed as a major cause of divorce. Sometimes one spouse accumulates a huge amount of debt on a credit card and the parties simply cannot come up with a way to repay it. Other times medical circumstances of one spouse or a child overwhelm a couples finances and there is simply no way to make payment on the family medical debt.

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planning for bankruptcy

Bankruptcy Planning

By utahbklawyer | Jan 24, 2020

Because of abuses of the bankruptcy system in the past the current Bankruptcy Code is designed to penalize multiple bankruptcy filers. This multiple filing is called “serial filing” in the bankruptcy world. Individuals who are “serial filers” can lose important benefits in their bankruptcy – the most important of which is called the automatic stay – the act of stopping immediately a foreclosure, lawsuits or other collection activity.

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bankruptcy notice

What Will Happen After You File for Bankruptcy?

By utahbklawyer | Jan 15, 2020

So the natural question you will ask yourself after you file for bankruptcy is now what? This post is to assure you that asking what will happen after you file for bankruptcy is a common and necessary question

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bankruptcy in utah

Where does bankruptcy debt go?

By utahbklawyer | Jan 3, 2020

Where does bankruptcy debt go? To be clear bankruptcy is a legal proceeding one carries out in the US Bankruptcy Courts to allow individuals or businesses to obtain freedom from their debts. It can also simultaneously providing creditors an opportunity for repayment of the debt under a court guided repayment program.

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