As the saying goes “only a fool represents himself in court” might sound self-serving coming from an attorney but when you get weekly phone calls from people who filed their own bankruptcy but are in over their head and are seeking for help you might understand why we say this.
Tag: Utah bankruptcy
Finding Money for Bankruptcy
You should always continue to pay your living expenses, such as rent and utilities, student loans, and the payment on any property you wish to keep in bankruptcy, such as a house or a car. As for your other bills, it’s wise to keep making your payments until you have consulted with an attorney, learn that you qualify
Can my bankruptcy be reversed?
There are also time limits for when someone can file a request to have your discharge reversed. Depending on which chapter of bankruptcy you have filed, the deadline is generally a year after your case was discharged, or a year after the case was closed. If the court revokes your bankruptcy discharge, you’ll remain liable for any previously discharged debts. Also, if you committed fraud or otherwise abused the bankruptcy system, you might have to pay fines, forfeit assets, or face criminal prosecution
Bankruptcy How Does it Work?
Before your consultation take a moment to refresh yourself on your current financial situation. How much debt are you in? How much is credit card debt? Student loans? Medical debt? What are your biggest financial assets? Have a general idea so that you can relay this information with a bankruptcy attorney in your consultation appointment.
Should I file bankruptcy
When I talk with a potential client I tell people the facts and point them in the direction that would be best for them financially based on their needs, wants and goals. Just because you talk with me does not mean that you need to file bankruptcy – nothing is written in stone.
Bankruptcy in 2021
Bankruptcy in 2021 still spans the time of the Covid-19 pandemic. Last year many of my clients were able to start the bankruptcy process ahead of the curve because they were able to use a portion of their stimulus checks to cover court and attorney fees.
Reasons to File for Bankruptcy in Utah
Believe it or not, when it comes to current primary causes of bankruptcy, the economic impact of Covid-19 is not what leads to most bankruptcy right now. The main reasons to file for bankruptcy in Utah tend to be things such as payday loans, co-signing for other people, trying to aid grown children with too much financial help, medical debt,
Bankruptcy help in Utah
Meet Jack and Diane two Utah kids doing the best that they can. Things were going along great for the couple and they soon had two kids, a nice little house, a dog named “Timmy”, and both had good jobs. But then one day Jack got hurt at his job at the Tasty Freeze.
Bankruptcy meaning
It does not really matter how you came to your current situation of financial hardship; the most important thing is what step you will take next. It’s possible that bankruptcy may be the best choice for you or it might be a bad decision. I suggest you take the next step and contact an experienced bankruptcy attorney to learn your best option.
5 Things about Filing Bankruptcy in Utah
Federal bankruptcy law directs most of the bankruptcy process and can be found at 11 U.S.C. sec 101 et seq, but there are some intricacies within each state governed by Utah state law. If you are filing bankruptcy in Utah, you’ve come to the right place! Here are 5 Things about filing bankruptcy in Utah keep in mind