Utah Bankruptcy Secrets

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.

When bankruptcy makes sense

  You know when bankruptcy makes sense to you when you won’t be able to be able to pay back your debt within 3-5 years.  At this point it can be a good time to consider bankruptcy. This could happen because of a financial catastrophe.  It might be due to medical issues or losing your… Continue reading When bankruptcy makes sense

Bankruptcy with credit card debt

Can I file bankruptcy with credit card debt? The short answer to this question is YES.  Credit card debt is one of the common reason that people file for bankruptcy. Once your case gets filed the credit card companies and their collection agencies can no longer harass you with phone calls and letters or something… Continue reading Bankruptcy with credit card debt

Which bankruptcy is best

So which bankruptcy is best?  There really isn’t a right or wrong type of bankruptcy–it all just depends on your circumstances and what would work best for your specific situation. To give you a general idea of which bankruptcy is best you need to understand the different kinds of bankruptcy, here’s a quick summary of… Continue reading Which bankruptcy is best

Bankruptcy vs debt settlement

Here are a few things that may help you decide if you should choose bankruptcy vs debt settlement. First, you will want to look at all of your debt, not merely credit card debt.  If your debt is mostly unsecured debt then you will need to determine the amount of that kind of debt. If… Continue reading Bankruptcy vs debt settlement

Bankruptcy with no money

It is difficult to file bankruptcy with no money. Your attorney will charge you a retainer fee and then there is a court filing fee. In a strange way it’s ironic, but bankruptcy can seem like a very expensive undertaking when you have no money. Bankruptcy with no money can seem impossible. Are you wondering… Continue reading Bankruptcy with no money

What do I need to tell my attorney?

I know no one enjoys going to a stranger and telling all.  However when you are considering filing for relief from your creditors its advised that you have a trusted advocate on your side.  Finding an lawyer that you can trust that is near you is always helpful. At the Law Office of Douglas Barrett,… Continue reading What do I need to tell my attorney?

Will I lose my car if I file for bankruptcy?

I get this question all the time. “I need my car to get to work – will I lose it if I file for bankruptcy?” That’s a loaded question and hard to answer in 30 seconds. What you need to understand that every case is different but in most cases you can choose a type… Continue reading Will I lose my car if I file for bankruptcy?