If one spouse files bankruptcy without the other spouse only the filing spouses debts are discharged. If the debts are held jointly, the non-filing spouse will still owe on the debt even after one spouse has filed bankruptcy. The bankruptcy filing will appear on the filing spouses credit report, but should not appear on the… Continue reading Can I file bankruptcy without my spouse?
Tag: Utah bankruptcy
What bankruptcy do I qualify for
What bankruptcy do I qualify for was the question I was asked this morning as I entered an elevator this morning. It seems like a simple enough question that any attorney could easily answer in a moment or two. The problem is that determining who can file for bankruptcy is one of the more complicated… Continue reading What bankruptcy do I qualify for
Bankruptcy when broke
Declare Bankruptcy When Broke Or While You Still Have Cash? Many people think that they should declare bankruptcy when they’re totally broke. Being penniless will actually make the process much, much, harder. While you can certainly declare bankruptcy on your own, many people choose to hire a bankruptcy attorney, which can cost between $1,000 and… Continue reading Bankruptcy when broke
Bankruptcy vs debt settlement
Here are a few things that may help you decide if you should choose bankruptcy vs debt settlement. First, you will want to look at all of your debt, not merely credit card debt. If your debt is mostly unsecured debt then you will need to determine the amount of that kind of debt. If… Continue reading Bankruptcy vs debt settlement
When bankruptcy is removed from credit report
When bankruptcy is removed from credit report? Bankruptcies typically stay on your credit report for around 10 years. It will be removed automatically at the end of that period. A Chapter 7 bankruptcy usually stays for 10 years and a Chapter 13 bankruptcy stays for around 7. Bankruptcy is removed from credit report automatically. According… Continue reading When bankruptcy is removed from credit report
What Bankruptcy Can Do
Q. What bankruptcy can do for me? In a Chapter 7 bankruptcy will cover debts like medical bills, credit card charges, personal loans, (in very rare circumstances) student loans, business debts, auto accident claims, attorney fees, money owed over lease agreements, utility bills. In a Chapter 13 case the most common types of debts that… Continue reading What Bankruptcy Can Do
What are bankruptcy judges
What are bankruptcy judges. In the United States bankruptcy judges are appointed by the majority of judges in the U.S Court of Appeals for that U.S district court. What are bankruptcy judges are judicial officers. They are appointed for a period of 14 years and every 14 years need to submit recommendations about the number… Continue reading What are bankruptcy judges
What bankruptcy can I file
In order to determine what bankruptcy can i file for or if you are eligible for bankruptcy, you must take the means test. in 2005 Congress made major changes to the bankruptcy laws via changes to the U.S. Bankruptcy Code. One of the new changes was something called the “Means Test”. The means test will… Continue reading What bankruptcy can I file
Bankruptcy without tax returns
You can file a bankruptcy without tax returns but if you have unfiled tax returns it may be in your best interest to file them before you file as opposed to right after you file for bankruptcy. It is in you best interest to have your tax returns filed prior to the filing of your… Continue reading Bankruptcy without tax returns
What bankruptcy means
The simple answer to what bankruptcy means is that “the bank is broken.” What bankruptcy means that you most likely do not have sufficient assets or money to pay off or cover your debts. What bankruptcy means in todays usage is a legal maneuver that can help way to wipe out those debts that you… Continue reading What bankruptcy means