It’s worth noting that while appearances before a judge are relatively rare in Utah bankruptcy cases, it’s possible that you may need to appear in court.
Unless there is litigation involving objections to the bankruptcy discharge, the debtor will usually automatically receive a discharge. The Federal Rules of Bankruptcy Procedure provide for the clerk of the bankruptcy court to send via US mail a copy of the order of discharge to all creditors, the U.S. trustee, the trustee in the case,… Continue reading How do you get a bankruptcy discharge?
To better understand bankruptcy and taxes a little background information is needed; it then becomes more clear why bankruptcy and taxes are so enter twined. First you have to understand that bankruptcy is made possible because of federal laws, and the federal government is made possible because of tax dollars. Why would the government try to give you a perk when you really need the help?
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
Chapter 13 bankruptcy is the type of bankruptcy that allows for a reorganization of debts. Chapter 13 can be a very useful tool to allow a debtor the opportunity to keep a home through bankruptcy even if they are behind on their mortgage payments at the time they file bankruptcy. Many times this is not… Continue reading New Chapter 13 Bankruptcy Plan