Utah Bankruptcy Blog

Filing for Chapter 13 bankruptcy creates financial stress, especially when considering its impact on your future. Many people worry about losing retirement savings. Most retirement accounts remain safe under bankruptcy laws, but you should still understand key...

Filing for bankruptcy can stop foreclosure and provide homeowners with options to keep their property.  In Utah, bankruptcy laws offer specific protections that can help individuals regain control of their financial situation when facing foreclosure. How Chapter 13...

When a bankruptcy court discharges a debt, it means that you are no longer obligated to repay that debt. In the context of Chapter 7 or Chapter 13 bankruptcy, a discharge can help you take that critical step toward financial recovery.  Understanding what a discharge...

Dealing with heavy debts can be overwhelming, and the tactics used by some creditors and debt collection agencies only add to the stress. What these unscrupulous companies do not want you to know is that there are legal limits to what they can do to get you to pay....

Going through bankruptcy gives you a chance for a fresh start. As you rethink your relationship with money, you can also create new habits. One tool that can help you after this experience is a credit card. Start with secured credit cards Secured credit cards are a...

Overcoming the aftermath of bankruptcy demands thoughtful strategies. Despite its challenges, rebuilding your credit score is not an impossible task. With the right amount of effort, you can start a journey towards credit recovery. Here are some effective strategies...

When people in Utah file for bankruptcy, they typically do so through either a Chapter 7 or a Chapter 13 filing.  The bankruptcy means test helps determine if you qualify for Chapter 7 relief. Chapter 7 bankruptcy, which is a "liquidation bankruptcy," gives you a...

Chapter 13 bankruptcy is a way of repackaging your debt into affordable monthly payments over three to five years. A lot can happen in that time, including your car breaking down or getting totaled in an accident. Normally, it's your decision whether to buy a new...

When debt collectors attempt to collect their debts, they must abide by the laws set down by the Fair Debt Collections Practices Act (FDCPA). Failure to do so can result in a legal penalty. Unfortunately, that does not stop every debt collector and some still engage...

When dealing with debt collectors, they have to abide by the Fair Debt Collection Practices Act (FDCPA), which limits a number of the actions they can take. To that end, it is important to understand what these actions look like and how to defend against them....