Posts Tagged ‘Utah bankruptcy’
How do you get a bankruptcy discharge?
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,…
Read MoreThree Important Things Bankruptcy Can Do
As you start to think about bankruptcy, you should understand there are actually five types. For most people a couple of them will be your best option. The first one and most common is Chapter 7
Read More5 Ways Your Bankruptcy Could Be Denied
We always say it better to give too much information that too little. You are seeking forgiveness of your debts and need to approach the process with clean hands. Rest assured however that if you honestly disclose your required information you should have no problems with the bankruptcy court.
Read MoreTough Financial Challenges
When debt issues arise in Utah, having experienced legal help can provide a path to get into a better situation during a tough financial challenge. Utah has turned to the Utah Bankruptcy Guy during tough financial challenges for more than 25 year.
Read MoreWays To Stop Foreclosure In Utah
Do you see a foreclosure on the horizon? Here are 5 ways to stop foreclosure before it starts. Foreclosure is a major crisis for most families in Utah. We can help. You have options to help keep you and your family from losing your home. You can get out of debt without losing everything!
Read MoreBankruptcy dollar adjustments
The bankruptcy dollar adjustments are required to take place every three years pursuant to 11 U.S.C. §104. The new dollar amounts reflect an approximate, average 11% increase.
Read MoreWhat happens to my crypto in bankruptcy?
Even though crypto isn’t directly mentioned in the current bankruptcy laws, bankruptcy laws still apply to crypto. Transferring any asset to hide it from creditors is still a fraudulent transfer. Liquidating crypto to pay one creditor to the detriment of the other creditors may still be a preference.
Read MoreCan I Stop a Garnishment Once it Starts?
The quickest way to stop a garnishment is to just pay off the debt. However, most people cannot afford to do that, or they would have already done it before the garnishment happened. For most people the most effective way to stop the garnishment is to file bankruptcy
Read MoreWhat Should I Do I Just Got A Wage Garnishment Notice?
You need to understand that when employer gets that wage garnishment order, by law they must begin withholding 25% of your take-home pay right away. The papers say there is a period of time before a response is due but that just means your employer has to keep the money collected until they get an order telling them where to send the money.
Read MoreIf You Ain’t Broke We Can’t Fix It!
Filing for bankruptcy isn’t the right decision for everyone. But for individuals who are worried about debt, who want to protect specific property, or who see no other way forward, it can be the best option to bring relief.
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