Reference Articles
Filing Bankruptcy In The Summer Of 2021 In Utah
As summer approaches, the effects of the COVID-19 pandemic continue, albeit somewhat tempered by the fact that vaccinations are occurring throughout Utah. Part of the stimulus package offered by the CARES Act continues to provide relief to those who file for...
List Of Important Bankruptcy Terms
Legal terms may be confusing. Especially, bankruptcy terms, which are usually a set of unique words based in debtor-creditor law historically, as well as federal law currently in 2021. The following is a list of important bankruptcy terms that will help anyone...
When Bankruptcy Is The Best Option To Stop Garnishment
A judgment is a court order that gives a creditor, like a credit card company, the right to use certain legal debt collection tools to collect a debt. A judgment related to debt can lead to wage garnishments, bank levies, and seizures of property. A wage garnishment...
The Statement of Intention In Chapter 7 Cases
When a Chapter 7 bankruptcy case is filed, chances are that you have some type of secured loan like a car loan or mortgage. Or you may be leasing property such as a car or apartment. In these cases, federal law imposes a duty on bankruptcy debtors to state their...
Bankruptcy Can Stop A Lawsuit
Bankruptcy stops most lawsuits dead in their tracks. This is the primary reason that after being served with a lawsuit, many people choose to file a bankruptcy case. Although as there are always exceptions to almost any rule, not all lawsuits will be stopped, but the...
The Co-Debtor Stay In Chapter 13 Cases
When anyone files a bankruptcy case, he or she invokes one of the most powerful federal legal mechanisms available to anyone experiencing some level of financial turmoil. A key feature of bankruptcy, this extremely useful tool is known as the automatic stay. The stay...
Information Necessary To File The Statement Of Financial Affairs
Along with schedules of debts, assets, and other financial information, as well as documents related to establishing income and eligibility for filing a Chapter 7 case, bankruptcy debtors are required to file a Statement of Financial Affairs (SOFA). Debtors require...
Joint Filers And The Homestead Exemption
Bankruptcy remains an excellent option for any Utah resident to obtain a well-deserved fresh start, especially in 2021. To determine your options for filing bankruptcy as we put one of the most stressful years in modern history behind us, contact the experienced...
Bankruptcy: Benefits For Any Age Group
Anyone regardless of their age who has suffered financial hardship may benefit from filing bankruptcy. Even during the pandemic, bankruptcy has remained a sensible solution for overcoming any personal financial decline caused by the COVID-19 pandemic. Bankruptcy has...
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