Latest Utah Bankruptcy News And Information

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How to get a Free credit report

By utahbklawyer | Jan 26, 2017

I have a lot of Utah clients ask me how they can get a copy of their credit report as they prepare to file bankruptcy.  Federal law requires each of the three nationwide consumer credit reporting companies – Equifax, Experian and TransUnion – to give you a free credit report every 12 months if you ask for…

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Was your Utah Bankruptcy Case Prepared in India or Mexico?

By utahbklawyer | Jan 25, 2017

The new trend in the world of bankruptcy is to outsource case and/or document preparation to workers in far away countries.  Ask yourself is that how you want your Utah bankruptcy case prepared? Do you want your most personal financial information stored on computers located in Mexico, India, or China? Right now there is a lot of…

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2016 Tax Refunds Delayed for Millions

By utahbklawyer | Jan 24, 2017

Today the National Consumer Law Center issues a press release that Tax Refunds for millions of taxpayers will be delayed until late-February. Due to new legislation the IRS will delay processing returns until February 15 and they have stated they do not anticipate refunds arriving in bank accounts or on prepaid cards until February 27.…

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5 Common Bankruptcy Myths

By utahbklawyer | Jan 24, 2017

Here are 5 common myths that that I hear all the time from people that I consult with: Myth #1: You Can Declare Bankruptcy by Saying It in Public In an episode of The Office, when Michael Scott’s finances are tight, he screams, “I declare bankruptcy!” His accountant Oscar says, “Hey, I just want you…

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Our New Website

By DLB Law - Bankruptcy Attorney Utah County | Jan 10, 2017

We are pleased to launch our new website. Please come back often and read our industry related news and information.

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"10 Best" Bankruptcy Law Attorneys for Client Satisfaction

By utahbklawyer | Sep 22, 2016

PRESS RELEASE Orem, UT – The Utah Law Firm of Douglas Barrett, LLC was recently named as one of the “10 Best” Bankruptcy Law Attorneys for Client Satisfaction by the American Institute of Legal Counsel (AIOLC) an impartial third party rating service. In the September 2016 announcement the AIOLC noted that the firm was recognized for outstanding client…

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A Judgment Is Not A Lien, But A Lien Can Be Created From a Judgment

By utahbklawyer | Apr 13, 2016

A judgment and a lien are not the same thing. A lien is a legal right to get paid from a specific asset/property, as opposed to from an individual person. A judgment is a court order that allows a creditor to pursue collection actions against someone (including creating a lien against assets). Depending on the…

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Income Tax Refunds and Utah Bankruptcy

By utahbklawyer | Mar 10, 2016

Some people come to see their income tax refunds as a yearly bonus. In reality these refunds are usually caused by a taxpayer having paid too much in taxes during the past year. Sometimes people have even come to rely upon these refunds for planned yearly spending to catch up on bills, go on vacation,…

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Why should I file a Preemptive Bankruptcy?

By utahbklawyer | May 5, 2015

The following are situations in which someone might want to consider bankruptcy as an option when faced with litigation where: • the outcome is not likely to be favorable; • the cost of defense is crippling; • the possibility of a judgment in excess of the Chapter 13 debt limits; or • findings of fraud are likely.…

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