Bankruptcy Utah; We can help!
May 23rd, 2011There is a saying that “If there’s a will there’s a way”. Bankruptcy is a problem throughout the country and especially for citizens of Utah. You can either succumb to the financial pressures or you can find a way to … Continue reading
What can you do about filing bankruptcy in Utah?
May 18th, 2011Unemployment in many cities in Utah is likely the cause of a significant rise in the popularity of bankruptcy in Utah. Bankruptcy, both for big companies and individuals, can be a big problem and certainly affects a lot of people … Continue reading
Don’t break the rules nor disobey a court order!
May 3rd, 2011Co-debtors are not entitled to a discharge under Chapter 7 after they have converted their bankruptcy case if they fail to comply with the court order confirming their Chapter 13 plan. Standiferd v. U.S. Trustee [In Re: Ronald Hugh Standiferd, … Continue reading
What is the 1099-C I received from a lender?
April 25th, 2011Foreclosures in Utah and Nevada are prevalent in this economy. Oftentimes, lawyers will recommend that their clients attempt a short sale in order to avoid the potentially more significant repercussions related to a foreclosure. Whether a client accomplishes a short … Continue reading
Is it possible to protect your tax refund from a chapter 7 bankruptcy trustee?
April 14th, 2011Many debtors filing bankruptcy ask the question, “What happens to my tax refund?” The short answer is, you probably have to turn it over to the bankruptcy trustee. The reason being that pursuant to 11 U.S.C. § 542(a), any property … Continue reading
Are Student Loans Dischargeable in Bankruptcy?
April 8th, 2011The short answer to this question is “probably not.” However, student loans are not impossible to discharge in bankruptcy, just very difficult. To do so, you must show that payment of the debt will impose an undue hardship on you and your … Continue reading
Will a Chapter 7 or Chapter 13 bankruptcy stop a foreclosure?
April 8th, 2011The simple answer is that a chapter 7 bankruptcy can keep you in your home for a few months, but expecting anything more than that is expecting too much. However, if you file a chapter 13 bankruptcy you have the … Continue reading