We often get the question here at the firm of whether or not there is a certain amount of debt that somebody needs to have before they can file a Utah bankruptcy. The answer is that there is no minimum amount of debt that is required to file a bankruptcy. As with most simple answers… Continue reading How much debt do I have to have to file for bankruptcy?
Tag: Utah bankruptcy
How to get a Free credit report
I have a lot of Utah clients ask me how they can get a copy of their credit report as they prepare to file bankruptcy. Federal law requires each of the three nationwide consumer credit reporting companies – Equifax, Experian and TransUnion – to give you a free credit report every 12 months if you ask for… Continue reading How to get a Free credit report
Why should I file a Preemptive Bankruptcy?
The following are situations in which someone might want to consider bankruptcy as an option when faced with litigation where: • the outcome is not likely to be favorable; • the cost of defense is crippling; • the possibility of a judgment in excess of the Chapter 13 debt limits; or • findings of fraud are likely.… Continue reading Why should I file a Preemptive Bankruptcy?
Press Release: 2015 Utah Legal Elite
Douglas L. Barrett, for the tenth consecutive year, has been named as one of the “Legal Elite” lawyers in the State of Utah in a recent poll conducted by Utah Business, a state-wide publication. The announcement was made in the March 2015 Legal Resource Guild of the magazine. The “Legal Elite” represent those Utah lawyers who… Continue reading Press Release: 2015 Utah Legal Elite