Latest Utah Bankruptcy News And Information

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WHAT IS CHAPTER 13 BANKRUPTCY?

By utahbklawyer | Mar 12, 2015

To be eligible to be a Chapter 13 debtor, individuals must meet, among other things, the following two requirements: (i) they must have a regular income, and (ii) their debts must not exceed a certain amount. If the individual’s current monthly income is less than the applicable state median income, the plan will generally be…

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CAN I RE-PAY A DISCHARGED DEBT AFTER MY BANKRUPTCY CASE HAS BEEN CONCLUDED?

By utahbklawyer | Feb 16, 2015

A debtor who has received a discharge may voluntarily repay any discharged debt. A debtor may repay a discharged debt even though it can no longer be legally enforced. Sometimes a debtor agrees to repay a debt because it is owed to a family member or because it represents an obligation to an individual for…

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