Whether your inheritance will be turned over in a Utah Chapter 7 Bankruptcy depends on two things:
- The date you became entitled to the inheritance; and
- Whether the inheritance is exempt
The general rule is an...
Whether your inheritance will be turned over in a Utah Chapter 7 Bankruptcy depends on two things:
The general rule is an...
Upon confirmation of a Chapter 13 plan, any secured debt in which a debtor is making direct payments the following will occur:
Even if you owe the money, there are some actions that a debt collector cannot take pursuant to the Fair Debt Collect Practices Act.
One of the principal tenants of bankruptcy is that the process should be fair to creditors. This means that creditors should share equally based on claim status in the debtor’s available assets. If the bankruptcy estate has only enough assets...
Upon the filing of your Chapter 7 or 13 Bankruptcy, an automatic stay goes into place which means that most creditors are prohibited from taking any action to collect a debt that you owe. If a creditor tries to collect a debt in violation of...