Work Tools: Utah Bankruptcy

Whether you will lose your work tools if you file for bankruptcy in Utah depends on the type of bankruptcy you file and the value of your tools.

Utah Bankruptcy Property Exemptions

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.