bankruptcy exemptions in utah

The U.S Bankruptcy Code provides numerous exemptions that allow people filing bankruptcy to shield and keep the property they own. But some states do not use the federal law to protect property in bankruptcy they use the law of the state where the case if filed.  These laws are called exemption laws. 

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little know secrets of bankruptcy

Utah bankruptcy secrets should be known to everyone. We want to help you make smart financial decisions. Here are 5 bankruptcy secrets everyone thinking about filing for bankruptcy in Utah should know.

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One of the foremost questions in the minds of many people think about bankruptcy is  Can I file bankruptcy and keep my car?  For the majority of individuals owning a car is an absolute necessity. Unless you live in a large city how else would you be able to get to work or the grocery…

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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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