Why isn’t bankruptcy free?

Utah bankruptcy lawyers charge fees for their services, which typically include preparing and filing the bankruptcy petition, representing you in court, and providing legal advice throughout the process.

Chapter 7 Bankruptcy vs Chapter 13 Bankruptcy

Chapter 7 and Chapter 13 are two types of consumer bankruptcy under U.S. law. Both are designed to help individuals struggling with debt to either eliminate or reorganize their debt. The main differences between the two are outlined below.

Medical Debt Utah Bankruptcy

41% of Americans have medical debt; 6% of adults owe more than $1,000 worth of medical debt; 1% owe more than $10,000. Medical debt in Utah is a significant financial issue for many people. Utah medical bankruptcy may help.

Will my Ex find out about my Utah bankruptcy?

It’s worth noting that even if your Ex is not directly notified of your Utah bankruptcy, they may still find out through other means, such as through mutual friends or by checking your credit report.

Benefits of Bankruptcy

While filing for bankruptcy will initially have a negative impact on a person’s credit score, it will also signal to creditors that the individual is taking steps to address their financial problems and regain control of their finances.

Danger: Don’t Rely on Free Online Bankruptcy Advice

Information is good but remember you need to rely on a local experienced bankruptcy lawyer so you get the best legal outcome possible. 

How do you get a bankruptcy discharge?

Unless there is litigation involving objections to the bankruptcy discharge, the debtor will usually automatically receive a discharge. The Federal Rules of Bankruptcy Procedure provide for the clerk of the bankruptcy court to send via US mail a copy of the order of discharge to all creditors, the U.S. trustee, the trustee in the case,… Continue reading How do you get a bankruptcy discharge?

Three Important Things Bankruptcy Can Do

As you start to think about bankruptcy, you should understand there are actually five types. For most people a couple of them will be your best option.  The first one and most common is Chapter 7

5 Ways Your Bankruptcy Could Be Denied

We always say it better to give too much information that too little.  You are seeking forgiveness of your debts and need to approach the process with clean hands.  Rest assured however that if you honestly disclose your required information you should have no problems with the bankruptcy court.