Personal Bankruptcy Information in Utah

Utah Personal Bankruptcy Information (Definitions) Learn about Important… The following are common terms used on this site regarding personal bankruptcy information in Utah: Assets Any property that a business or individual owns. Automatic Stay This injunction stops the creditor from attempting to collect from the debtor. An automatic stay takes effect immediately after the debtor […]

Utah Bankruptcy Means Test

What Is the Bankruptcy Means Test? Utah Means test for Chapter 7 Bankruptcy The Utah Bankruptcy Means Test is an income test to determine if the debtor or debtors qualify to file chapter 7 bankruptcy.To determine whether a debtor is not abusing the bankruptcy system, the debtor must meet the Utah chapter 7 bankruptcy means […]

Utah Bankruptcy Exemptions

Importance of Utah Bankruptcy Exemptions When you file bankruptcy under Utah bankruptcy laws, you want to ensure that you keep all or as many of your assets as possible. Utah bankruptcy exemptions protect certain property that cannot be taken in bankruptcy. The assets that you get to keep under are called exempt property. Non-exempt assets are […]

Bankruptcy FAQs

Bankruptcy Frequently Asked Questions A decision to file for bankruptcy should only be made after determining that bankruptcy is the best way to deal with your financial problems. This article provides an overview of commonly asked questions, but it simply can not explain every aspect of the bankruptcy process. If you still have questions after reading it, […]

Life After Bankruptcy in Utah

Life After Bankruptcy in Utah Will I Be Able to Get a Loan after Bankruptcy in Utah? What is Life after bankruptcy in Utah like? One of the most common questions when contemplating whether to file bankruptcy is: will I be successful in getting a loan after bankruptcy? This is particularly true if you desire […]