When preparing for your bankruptcy filing, you may have some nonexempt property that will be subject to liquidation by the bankruptcy trustee. What is the distinction between exempt and nonexempt property? Click here: http://arnoldwadsworth.com/bankruptcy/exemptions/ You may use the benefit of the exemptions even if you are using nonexempt property to obtain the exempt property. For example, if you have $10,000.00 Read More
341 Creditors Meeting
What is the 341 Creditors' Meeting? Under the bankruptcy code, the debtor is required to appear to attest to the veracity of the paperwork filed with the court system. The meeting is referred to as the "341 creditor meeting" because Section 341 of the Code is the provision in the Code requiring the meeting. At this meeting, you will bring a government issued ID along with your most recent pay-stub, if Read More
Documentation is Key, Proof of Claims, Chapter 13 and Chapter 7 Bankruptcy
When getting ready for your bankruptcy, regardless of whether you are filing a Chapter 7 or Chapter 13, the key is to gather the proper documentation. This could mean credit card statements, mortgage statements, student loan statements or auto loan statements. You may be thinking of settling certain debts instead of filing bankruptcy. This is a great option for some people, especially if you have some non-exempt Read More
Bankruptcy in Divorce
When viewing your debt obligations contained in a divorce decree, you may be able to discharge your liability to your creditors, because they will never know that your obligations were contained in a divorce decree, but your liability to your ex-spouse will never go way. If you and your soon-to-be ex have a great deal of debt, it is best for you both to file bankruptcy and get rid of all of it, if possible. The Read More
Lock in your Loan Modification?
If you have obtained a loan modification, you may have heard that banks routinely do not honor them despite finalizing them with you. This is very common. You can lock-in the payment on your loan modification through a Chapter 13 bankruptcy. Once the court approves the payment to the lender through the bankruptcy plan, the lender is forbidden from unilaterally changing the payment term during the plan time Read More
Child Custody | Best Interest of Children | Divorce in Utah
"Determination of children's best interests turns on numerous factors, each of which may vary in importance according to facts in particular case" Sanderson v. Tryon, (Utah 1987). This is what you will be facing in your divorce case when it comes to custody of your children. You will need to convince the court that after your divorce is completed that you having primary or sole custody of your children will be in Read More
Divorce and Family Law in Salt Lake City, UT
At Arnold, Wadsworth & Coggins Attorneys, we have divorce lawyers centrally located in Salt Lake City that can help you with your family law and divorce needs. Divorce can become a legal battle. When dealing with a divorce action in the Salt Lake City courts you want to make sure that your family law lawyer has experience in the courts and knows how to move your divorce action successfully along. With a divorce Read More
Child Abuse and Divorce Attorneys in Salt Lake City, UT
When there are allegations of abuse of a child the State of Utah and the Courts take it very seriously. If you are facing a divorce that involves child custody and abuse then you need a divorce lawyer that understands how to present the case to the family law courts in Utah. Child Custody Evaluations If there are allegations of abuse it is most likely that your divorce case will either be assigned a Guardian Ad Litem Read More
Divorce Lawyer in Sandy, Utah
Commingling of Corporate and Personal Interests In a divorce action in Utah, there can be corporate business property that is part of the marriage and therefore part of the divorce. "Parties in divorce action had so commingled their personal and corporate finances that it was appropriate to treat the corporate debt as marital property and apportion it as part of the overall property division pursuant to the Read More
Child Support Accountability in Utah
If you pay child support in Utah have you ever wondered where it goes or how it is spent? Most divorce lawyers in Utah will tell you that you will never find out how the money is spent. If you pay child support in Utah there is a way to find out how the money is spent and it is actually codified as law. Utah Child Support Lawyer 78B-12-218. Accountability of support provided to benefit child -- Accounting. (1) The Read More
