Who Files For Chapter 7 Bankruptcy?

It is important to talk with a bankruptcy attorney to understand the impact of filing bankruptcy with these kinds of debts.  In Utah, check out the Utah Bankruptcy Guy Team we can help.

Will filing bankruptcy affect my immigration status

So good news, filing bankruptcy will not affect immigration status, green card or the ability to apply for US Citizenship. The only way it could possibly affect these processes, is if it is found later that you had lied in your bankruptcy case under oath, or left out information in the bankruptcy petition,

5 Questions About Bankruptcy With A Car Loan

Here are 5 common questions about bankruptcy with a car loan you want to talk with your attorney about. Since every situation is different an experience bankruptcy attorney will be able to clarify the options… but you should ask them the questions for piece of mind.

No Money Left

Large corporations understand the benefits of bankruptcy and may utilize it to keep their company afloat. However, the average person doesn’t usually know that when they have no money left, bankruptcy is actually a safety net. The Utah Law Office of Douglas Barrett offers free personal bankruptcy consultations to discuss what strategies are best for you in your financial situation

Should I file for Bankruptcy before I get Married?

Here’s the thing, if you’re about to get married you’re smart to take time to strategize financially. Taking a large amount of debt into a marriage can be destructive on many different levels. One of the leading causes of divorce is money problems so it is defiantly wise to consider your options before you tie the knot.

A Fresh Start

Ultimately, the point is that anyone can find themselves in a tough spot financially. The great news is that they can also rise above those circumstances and get a fresh start. If you are struggling financially, remember you can start over and bounce back.

Bankruptcy help in Utah

Meet Jack and Diane two Utah kids doing the best that they can. Things were going along great for the couple and they soon had two kids, a nice little house, a dog named “Timmy”, and both had good jobs. But then one day Jack got hurt at his job at the Tasty Freeze.

Bankruptcy Changes Due to Covid-19

Let’s face it the world changed in early 2020 as the Covid-19 virus got loose. The bankruptcy world has had to adapt and change as well in these challenging times. Many of the changes I feel will be here for a long time. The constant that I see is you have not lost the ability to file bankruptcy its now just changed how it is being handled by the courts and law firms. At the Utah Bankruptcy Guy we have adapted to this new environment. Now might be the easiest it has been to file bankruptcy in the past 15 years.

How Much Does A Utah Bankruptcy Chapter 7 Cost

Life can bring some unexpected challenges. The stigma around bankruptcy still persists in some circles but the reality is that often circumstances arise that you have no control over. Maybe you were in a bad accident and the impact was twofold now that the medical bills are coming in. Perhaps a relative stole money from you, or you lost your job and are struggling to find another. Regardless of how you got in this situation, bankruptcy may be your best option.

When to Move Forward with Bankruptcy

When to move forward with bankruptcy is an individual choice of course but if your financial problems are growing and you are not seeing daylight ahead bankruptcy might be the best options. Working with an experienced attorney can help you get on the right track. We tell many people we talk to after the first consultation that bankruptcy for them is a bad idea. Seek out an honest bankruptcy lawyer and have them walk you through your options you might be surprised how quickly you can turn you finical problems around.