The Utah automobile exemption in bankruptcy can provide significant relief for individuals who are struggling financially and need to maintain reliable transportation. By exempting up to $3,000 of equity in a car Utah allows individuals to protect their cars during bankruptcy proceedings.
Tag: keep your car
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.
Bankruptcy what will I lose?
If you’re caught in a financial tailspin, it can seem like there is no way to improve your situation. An experienced bankruptcy attorney can help you identify the right steps to take, even if you’re facing the prospect of losing your home.
Can I file bankruptcy and keep a car?
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… Continue reading Can I file bankruptcy and keep a car?