Utah Bankruptcy Pitfalls

Utah Bankruptcy Dangers To Be Aware Of

Over fourteen thousand Utahns filed for bankruptcy in 2009. Sadly, not all of them enjoyed the benefits of an experienced guide to warn them of potential dangers in the Utah bankruptcy process. There are many hazards that commonly cause trouble for debtors seeking relief from Utah bankruptcy. At Logan Bankruptcy Fresh Start, we want you to avoid problems and have a smooth trip through bankruptcy court. Please become familiar with these common bankruptcy pitfalls.

• Preference: You can get caught in a trap long before you even file for Utah bankruptcy. The Utah bankruptcy court can claim all payments you've made on debts to your family members within 1 year before your filing. Additionally, the court can claim payments you've made to your creditors within 90 days prior to your filing.
• Inheritances: The Utah bankruptcy court claims all non-exempt assets you have inherited within 120 days before filing. Our attorneys can help you protect these important assets from the court.
• Credit Cards: Use your credit cards carefully during the 90 days before you file Utah bankruptcy, because the court will claim all purchases over $600 you make with your credit cards during that time.
• Credit Counseling: The Utah bankruptcy court requires all debtors to complete a credit counseling course before they file for bankruptcy. The course only takes about 20 minutes to complete, but it must be completed on time. Your attorney can help you sign up for the course.
• Disclosing Assets: When you file for Utah bankruptcy, you provide a list of all your assets. This list must be complete. Omitting any assets from this list is considered bankruptcy fraud and is punishable with jail time. Our attorneys will not let this happen to you.
• Community Property: A common mistake is omitting shared assets. All assets that you use or are under your name must be disclosed to the Utah bankruptcy court. Your attorney will know which assets need to be included in your list.

Start Your Utah Bankruptcy Right. Get A Free Evaluation!

Now that you know about some common pitfalls to watch for, you're ready to start your Utah bankruptcy in Logan. Our attorneys are eager to help you achieve your goal of becoming debt-free. Fill out our free Utah bankruptcy evaluation form now so that we can help you be successful.

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File Utah Bankruptcy Online

Not only will we help you avoid any pitfalls, but we will help you file bankruptcy as quickly and conveniently as possible. We have developed a process that allows you to file bankruptcy online. You can provide all necessary documents and information from the comfort of your own home. We will guide you through the process so everything runs smoothly and successfully.