When experiencing financial difficulties that are insurmountable based on the level of debt and income, bankruptcy can be an effective solution. One of the first things that one must do is decide which type of bankruptcy is right for their particular situation. The two options for most people are Chapter 7 bankruptcy and Chapter 13
When going through bankruptcy, most people prefer chapter 7 because it is better able to wipe out debts completely, rather than just restructure them so they can still be repaid. In order to qualify for a chapter 7 bankruptcy, however, you must pass ‘the means test’ which looks at your income level. This test is
Get Relief From Creditors Now Stop Harassing Telephone Calls. Stop Collection Letters. Stop Lawsuits, Wage Garnishments. Stop Bank Attachments. Stop Evictions, Foreclosures and Repossessions. Save Your House and Business. Get Rid of all Dischargeable Debt, such as Credit Card Debt, Medical Bills and Personal Loans. Get Rid of all Dischargeable IRS and State Taxes. Not
You can stop garnishments and foreclosures immediately by filing for bankruptcy. To see if you qualify, call our office in Ogden or Salt Lake City to have an immediate no obligation consultation with one of our bankruptcy attorneys. Call us Today! Ogden, UT: 801-475-0123 Salt Lake City, UT: 801-503-0015
What is the purpose of Exemptions? Put simply, exemptions are what property you are allowed to keep from creditors no matter what (except for rare circumstances). If you are asking this question you have probably done some research already and know that each state has its own exemptions. These exemptions apply to creditors trying to
Marital Debt After your decree of divorce is signed by the judge and becomes final, what are your options in regards to the debt you are required to take care of? To answer this question you need to read your decree to see if any of your debt obligations are couched in a way that
If you are looking for a cheap bankruptcy you will likely find it. There are many options around from paperwork preparers that can cost below $500 to the thousand dollar complete Chapter 7. Make sure whomever you choose to do your bankruptcy is competent and it is wise if the person you choose does other
The federal bankruptcy code has two main chapters that are applicable to debtors. These two chapters are Chapter 7 and Chapter 13. In a Chapter 7 bankruptcy, there are three main players, the debtor (you), the creditors, and the trustee. In a Chapter 7, all of your non-exempt property becomes property of the bankruptcy estate
A bankruptcy discharge is a court order. Such order grants a “discharge” (forgiveness and elimination of debt) to the persons named as the “debtor” in the bankruptcy petition. Collection of Discharged Debts is Prohibited. The discharge prohibits (makes illegal) any attempt to collect from the debtor a debt that has been discharged. For example, a
When selecting your attorney, if you are reviewing or consulting with a number of attorneys take care to not select the one that overly pushes you into filing bankruptcy. I see all too often debtors filing with only $5,000 in unsecured debt. Unless some extenuating circumstance exists, this is not in the best interest of
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When it comes to family law and divorce matters, our lawyers take into account how difficult your situation may be right now. As Utah divorce attorneys, we fight aggressively for your rights in litigation, but we will always treat you with compassion and sensitivity — in the same way we would treat our own family members. In fact, the support we provide to our clients is so heartfelt that most remain in contact with us for years after their case has been favorably resolved.
The American Institute of Family Law Attorneys™ has selected us for two years in a row as one of the best lawyers in the country based on Client Satisfaction. This award is based on our commitment to fulfilling the needs of our clients and helping them get through one of the most stressful situations of their life. As we’ve grown, we’ve developed offices throughout the Salt Lake region in Salt Lake City, Ogden, and Lehi to show our commitment to servicing the families of north-central Utah and beyond.
If you are seeking legal help on divorce, divorce modification, child support, or child custody, don’t delay in contacting us. The sooner you call us, the sooner you can get things resolved for you and your kids. In some cases, you may only have a limited amount of time to act before it’s too late to defend yourself or get the resolution you want. We know how painful things are right now, and we want to resolve your issues as quickly as possible so you can rebuild your life and the precious bonds you have with your family.
Brian Arnold was recently featured on Big Talk 860 AM Radio answering Family Law Questions and is an Editor on the Utah Journal…
Matt Wadsworth earned his Bachelor’s from the University of Utah in Economics where he graduated in the top ten percent of…
Deven is a Utah native and prior to becoming an aggressive, knowledgeable and experienced attorney, he excelled…
Prior to joining Arnold, Wadsworth & Coggins Attorneys, Lauren earned her Political Science degree from the University of Utah…
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