1. You have equity in cars, a home, or other assets that you want to keep

Chapter 13 Bankruptcy is a good option when you have equity in cars, a home, or other assets that you want to keep

Utah exemptions are not very generous. If you have acquired equity in your home or car that exceed the Utah exemptions then filing a Chapter 13 bankruptcy can usually allow you to keep your belongings while only repaying a fraction of your debt.