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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Filing bankruptcy without losing house happens all the time.  This is usually one of biggest concern with my clients that own property.  It’s understandable that there is so much concern about filing bankruptcy without losing house since our homes are usually are largest asset (and usually our largest debt).  Most people are able to keep…

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