Dealing with Post Bankruptcy Debt in Arizona When dealing with an Arizona bankruptcy filing, you have to make the difference between pre-petition and post-petition debt. For many people, debt may still be incurred after the bankruptcy documents are filed. This type of debt is called post-petition debt and it’s not included in the bankruptcy estate. […]
What is a Bankruptcy Scam? You are in debt beyond what your income level could ever support. It happened before you even knew it and, in many cases, was likely due to a combination of things out of your control and poor spending patterns. The good news is that bankruptcy is an option available to […]
How do I Know if I should File for Bankruptcy in Arizona? When you are staring at a mountain of debt and little to no way to pay it off, your options can seem bleak. The feeling can be overwhelming for you and your family and you may wonder what your next steps are. Do […]
Bankruptcy for Business Debt in Arizona Debt is not created equal. While certain debts can be discharged in a bankruptcy, giving you a fresh start, you’ll still be responsible for others. Most people have at least some idea about the types of debt that can be discharged in a personal bankruptcy. What happens in the […]
What is the Best Time to File Bankruptcy in Arizona? For most people, financial hardships don’t accumulate overnight. As time passes, debt may grow and the number of creditors will increase until the sums become unmanageable. Even at this point, many individuals will refrain seeking an adequate solution to their financial problem. Arizona bankruptcy lawyers […]
Is Bankruptcy Law Difficult? We know that the line, “Bankruptcy should be hard,” is not something anyone who is suffering through financial hardship wants to hear. However, we want you to consider the reasons that bankruptcy is not an easy process: Bankruptcy cannot become something that is so easy that people do not think twice […]
6 Celebrities Who Filed Bankruptcy Even the rich and the famous aren’t spare from financial troubles. Throughout history, some of the most beloved people have experienced massive losses that eventually forced them to do a bankruptcy filing. Here’s a list of popular celebrities that went from being millionaires to losing it all. 50 Cent This […]
How Does Bankruptcy Affect Your Tax Refund in Arizona? What happens to tax refunds during a bankruptcy? That’s a valid question but to get a reliable answer, you need to understand there are different types of bankruptcy. The effects will be different in the cases of Chapter 7 and Chapter 13 filing. Tax Refunds and […]
Who Carries the Most Debt in America? The latest debt research is showing a troublesome trend – young Americans carry more than one trillion dollars in debt. Those aged 30 and younger carry the most debt out of all age groups, a 2018 New York Federal Reserve Consumer Credit Panel suggests. Breakdown of Average American […]
When Behind in Rent Can Bankruptcy Prevent Eviction? A failure to pay the rent could lead to an eviction. Landlords have the right to initiate such proceedings even if you plead with them and attempt to explain your financial hardships. When facing such circumstances, you’ll naturally attempt to delay the eviction. The goal can be […]