Tuesday, January 31, 2017
Wednesday, January 11, 2017
How To File For Bankruptcy in Utah – Call Now 801-876-5875
Utah Bankruptcy Lawyer
How To File For Bankruptcy in Utah
There are several steps required to file for bankruptcy relief in the State of Utah. I am going to go over how to file with our law firm. I will outline each step to get you going.
The first step is really figuring out which chapter you are going to file. There is chapter 7 (an eraser to all of your debt); a chapter 13 (a repayment plan over 3 to 5 years); a chapter 12 (for family farmers or fisherman); and a chapter 11 (for businesses or people with many assets).
Once you know which chapter of bankruptcy to file, you need to get some information together and you need to complete many pages of paperwork.
How to File For Bankruptcy in Utah
Here is the list of information you would need:
Step One to File Bankruptcy:
You are going to need to obtain pre-bankruptcy credit counseling from an approved agency. You need to get a “credit counseling certificate” before we can file your case. You can have them fax the certificate to me at 801-676-5508. Sometimes the companies take 5-10 days to issue the certificate, so I recommend that you get it done ASAP. We reccomend that you go to www.debtorcc.org – it will cost you about $14.95. This is mandatory. Without this, you cannot file a bankruptcy case.
Step Two to File Bankruptcy:
We need you to bring in your Social Security Card.
Step Three to File Bankruptcy:
We need you to bring in your Drivers License
Step Four to File Bankruptcy:
We need you to bring in your last 6 months of paycheck stubs. This is a requirement because the Bankruptcy Code requires us to make a determination of your disposable income. This can only be done with your last six months of paycheck stubs.
-> What if I don’t have my last 6 months of paycheck stubs? Great question: You go to your Human Resources Department at work (“HR”) and you ask for copies.
-> What if I haven’t been working the entire last 6 months? No problem, just give us what you have from when you were working.
-> What if I am self employed. No worries, you just need to complete a profit and loss statement, we are happy to provide you with one, just ask. We will also need a monthly business budget from you and we have a questionnaire for you to complete.
Step Five to File Bankruptcy:
We need you to bring in your most recent mortgage statement. If you don’t own a home, no problem, bring us your lease or a copy of your rent statement (if you get one). If you don’t have a lease or rental agreement, just let us know. Not a problem.
Step Six to File Bankruptcy:
We need you to bring in all of your debts, invoices, statements, bills and other paperwork that you have for any financial obligation that you have. For example, if you have any credit card bills, medical bills, car loan statements, dental invoices, past due cell phone bills, cancelled cable contracts or any other bill or information about people you owe money to, we want that. Bring it in.
Step Seven to File Bankruptcy:
We need you to bring in your last 2 years of state and federal tax returns. If you haven’t filed your tax returns, you need to. The current bankruptcy code states that if you haven’t filed your tax returns for the last 8 years, the court will dismiss your case. This is bad news. A dismissal essentially means throwing your case out of court. So if you don’t have them done, get them done.
Step Eight to File Bankruptcy:
We need copies of your last month’s bank statement from all financial accounts you have. This would include any retirement accounts, credit union accounts, etc. Keep in mind the after your case is filed, we will need a statement that covers the date of your case filing.
Step Nine to File Bankruptcy:
If you have made any monetary charitable contributions to any church or charity in the last 60 days, we need you to bring proof or documentation of those contributions with you when you come in. Most people aren’t making money donations to charities when they are looking at bankruptcy, but if you are, that’s okay, we just need proof of it, so bring it in.
Step Ten to File Bankruptcy:
Have you ever filed for bankruptcy before? If you have, we need to know when and where you filed.
Step Eleven to File Bankruptcy:
Schedule your first meeting with us to do an intake. You can do this over the phone or in person, your choice. Give us a call now 801-876-5875.
After Your Bankruptcy Case is Filed:
After your case is filed, you will need to take a course on personal financial management. Go to www.debtorcc.org and get the second class. It’s also called the “Debtor Education Certificate.” This is mandatory and if you don’t get this course done in time, your case can close without a discharge. The discharge is the court order that states you no longer owe the money listed in your bankruptcy case.
Question: How long will bankruptcy stay on my credit report?
I suggest you watch this video where Jim from our office explains how long a bankruptcy stays on your credit report:
Conclusion
Well, I hope you’ve got those steps down now. Feel free to bookmark this page and come back if you have any questions or concerns. As an attorney, one of my favorite things to do is speak with people and take care of my clients. I love helping people, that is why we do bankruptcy work.
If you are ready for bankruptcy help or need additional information, please give us a call. Thanks for stopping by.
Michael R. Anderson, JD
Attorney and Counselor at Law.
8833 S. Redwood Road, Suite C
West Jordan, Utah
84088 United States
Telephone: (801) 876-5875
source http://www.ascentlawfirm.com/how-to-file-for-bankruptcy-in-utah/
Tuesday, January 10, 2017
Business Lawyer in West Jordan Utah 801-876-5875
Business Law
Business Lawyers in West Jordan, Utah. Contracts, Joint Ventures, Corporations, LLCs, IP law, etc.
Business Law
What do Business Lawyers do?
Business Lawyers handle several different matters for the company. First and foremost is the legal liability of a business. Oftentimes, businesses and business owners do not realize the exposure that they have by being in business. The sooner you retain a business attorney, the better it is. A business attorney will make sure that you set up your business properly as either a corporation or limited liability company (also called LLCs), create contracts for the business to make sure you get paid, make sure you are hiring either employees or independent contractors correctly, that you are getting the best tax advantages that you possibly can and protect your intellectual property (patents, copyrights, and trademarks). Great business lawyers will also help you prepare to acquire more businesses, operate your business effectively and legally, and assist you to sell your business when you are ready to do so. We can even help you obtain money with Private Placement Memorandums (PPMs) and securities disclosures to keep you within the law.
How Can I Know If You Are A Good Fit For Me and My Business?
When you need to hire a lawyer, you don’t want someone who is just going to repeat or read to you what the law says and spend alot of time reading cases and the code to run up your legal bill. You want someone who understands business itself. I have worked for fortune 500 companies and I’ve been an entrepreneur. I understand how systems and companies work. I have decades of experience in business. The best way you can know if we are a good fit for you is for you to come in for a free consultation and meet with me. See if you and I get along. See if we complement each other. See if, in your own view, I understand the day to day work that goes on in business and if I can help you with the legal side of your company. We are a Utah business law firm and we want to help you with your business.
Here is a video I made outlining business contract issues – watch it and see if this is helpful:
DO YOU NEED HELP WITH A BUSINESS LAW MATTER?
If you want to learn more about how a Utah Business Lawyer can help you, you are at the right place. We have worked with Fortune 500 companies, entrepreneurs obtaining funding, small businesses and start-ups, as commercial and business lawyers, we can help with all aspects of operating your business. We draft contract, maintain corporations, mediate disputes and litigate when necessary.
As Business & Commercial Lawyers, we will assist in the formation of a business, the sale of a business and everything in between.
When you need to protect your business interests, give us a call.
8833 S. Redwood Road, Suite C
West Jordan, Utah
84088 United States
Telephone: (801) 876-5875