WHAT CAN I DO IF A CREDITOR ATTEMPTS TO COLLECT A DISCHARGED DEBT AFTER MY CASE IS CONCLUDED?

If a creditor attempts collection efforts on a discharged debt, the debtor can file a motion with the court, reporting the action and asking that the case be reopened to address the matter. The bankruptcy court will often do so to ensure that the discharge is not violated. The discharge constitutes a permanent statutory injunction prohibiting creditors from taking any action, including the filing of a lawsuit, designed to collect a discharged debt. A creditor can be sanctioned by the court for violating the discharge injunction. The normal sanction for violating the discharge injunction is civil contempt, which is often punishable by a fine. More information on Utah Bankruptcy can be found at www.dlblaw.com .

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CAN A CREDITOR PREVENT A DISCHARGE?

Under limited circumstances, a creditor may be able to block a bankruptcy discharge of his debt. For example, if a creditor can prove that he gave a loan in reasonable reliance on a financial statement which was false in important details and given with the intent to deceive him, he may avoid having the debt discharged. If a creditor tries to avoid the discharge for this reason and fails, the bankruptcy judge may order the creditor to pay for the debtor’s attorney fees and costs in defending the action.
These are just examples of problems that may occasionally arise in a bankruptcy proceeding. They are among the many matters which you should discuss in detail with your attorney. Looking for a Utah bankruptcy lawyer?  Click HERE.

Persoanl Finance Apps

I recently ran across a couple of personal finance apps that may help you get back on a firm financial path:

Mint.com

This allows you to keep track of all your financial activity from all your accounts: checking, savings, retirement. … Mint makes note of your spending patterns to help you create a budget. On the iPad, it generates graphs to give you visual representations of your net worth and cash flow.

BillTracker

Ever missed a bill payment?  Never again with this app from SnapTap. Passcode-protected, BillTracker allows you to keep all due dates and amount totals in one place and even gives you notifications for impending payments. Due dates are highlighted on the calendar for quick views.

More ideas on personal finance and personal bankruptcy can be found on my website www.dlblaw.com