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Utah Bankruptcy Legal Questions

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55 legal questions have been posted about bankruptcy by real users in Utah. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include commercial bankruptcy, consumer bankruptcy, and foreclosures. All topics and other states can be accessed in the dropdowns below.
Utah Bankruptcy Questions & Legal Answers - Page 3
Do you have any Utah Bankruptcy questions page 3 and need some legal advice or guidance? Ask a Lawyer to get an answer or read through our 55 previously answered Utah Bankruptcy questions.
Bankruptcy
Utah

Recent Legal Answers

What happens in a home foreclosure?

Answered 14 years and 5 months ago by Mr. Stephen M Trezza (Unclaimed Profile)   |   10 Answers   |  Legal Topics: Bankruptcy
His credit will be severely damaged by the late payments and the foreclosure.
His credit will be severely damaged by the late payments and the foreclosure.

should i get divorced or file bankrupcy first?

Answered 14 years and 7 months ago by William/J Joanis (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Bankruptcy
If both bankruptcy and divorce are unavoidable, I usually find the divorce is better if completed before the bankruptcy.  Some time it works the other way around.  You will be well severed by finding a firm that does both, as the interrelationship of the divorce and the bankruptcy requires an understanding of both practice area.... Read More
If both bankruptcy and divorce are unavoidable, I usually find the divorce is better if completed before the bankruptcy.  Some time it works the... Read More

Can the bank come after me?

Answered 14 years and 7 months ago by Daniel James Wilson (Unclaimed Profile)   |   8 Answers   |  Legal Topics: Bankruptcy
You say you "chose not to include in my bankruptcy." When you file a petition for relief under the bankruptcy statute you are required to list every asset and every debt. If your attorney did his job correctly he listed your car as an asset on Schedule B, claimed the exemption on Schedule C, and listed the debt as a secured debt on Schedule D. Your debt was discharged. Unless you reaffirmed the car loan debt after filing your petition and before your discharge of debts you have no financial obligation to the lender. You don't say what kind of car you have or how old it is, but the bank may not want to bother to repossess it. I do not advise you drive with expired tags.... Read More
You say you "chose not to include in my bankruptcy." When you file a petition for relief under the bankruptcy statute you are required to list every... Read More

do you loose your house in a chapter 13?

Answered 14 years and 7 months ago by attorney Bankruptcy Attorney Mark J Markus   |   1 Answer   |  Legal Topics: Bankruptcy
In general, you do not lose any assets in a Chapter 13.  The trade-off is that you must pay out to your creditors at least as much as they would get in a chapter 7 liquidation. However, if your house has mortgages against it and you fail to make the required mortgage payments, then the creditors can seek permission from the bankruptcy court to foreclose on the property. I hope this answers your question. Mark J. Markus, Attorney at Law Handling exclusively bankruptcy law cases in California since 1991. http://www.bklaw.com/ bankruptcy blog: http://bklaw.com/bankruptcy-blog/ Follow Me on Twitter:  @bklawr ... Read More
In general, you do not lose any assets in a Chapter 13.  The trade-off is that you must pay out to your creditors at least as much as they would... Read More

Can you sell a house that is in a Chapter 7 bankruptcy?

Answered 14 years and 7 months ago by attorney Theodore N. Stapleton II   |   12 Answers   |  Legal Topics: Bankruptcy
Yes if the chapter 7 trustee agrees to abandon the estate's interest in the house. I am happy to discuss these issues with you.
Yes if the chapter 7 trustee agrees to abandon the estate's interest in the house. I am happy to discuss these issues with you.
Bankruptcy
Utah

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