How Long does Your Arizona Bankruptcy Stay on Your Record? Planning your financial future is all about knowing the long-term implications of the decisions you make right now. If you’re struggling under the weight of multiple loans and late payments, you could be considering a bankruptcy filing. It will help you discharge some of the debt […]
Disability and Its Effect on an Arizona Bankruptcy Filing The total number of disability benefits recipients in Arizona is 119,079 people, 2016 statistics by the Social Security Office of Retirement and Disability Policy show. The average monthly payment that such people receive is 1,200 dollars. If you are a person dealing with a disability and you’ve […]
Death during Bankruptcy Proceedings: Main Considerations Sometimes, life puts us in unpredictable situations. Struggling with financial difficulties is obviously overwhelming. Many people will opt for bankruptcy discharge in such situations. What happens, however, on a debtor’s death during bankruptcy? Not only is this situation emotionally stressful, it will also lead to serious confusion. If you […]
Will Bankruptcy Affect My Children? Dealing with financial troubles is challenging enough when you’re on your own. When kids are depending on you, the situation becomes even more troublesome. Bankruptcy is often the choice of people who are going through financial difficulties. Before looking into any solution, you will have to ask yourself – “will […]
Tax Refunds and Garnishment during Bankruptcy Proceedings in Arizona Anticipating the reception of your tax refunds is a glorious moment. When you have debt or you’re in the middle of bankruptcy proceedings, however, this moment could be linked to some anxiety. Will you be entitled to the refund or will it be garnished? What types of […]
What is Chapter 11 Bankruptcy? Most people in Arizona are aware of two bankruptcy options – Chapter 7 and Chapter 13 bankruptcy. Companies that need to file bankruptcy and some individuals, however, are entitled to another possibility – Chapter 11 bankruptcy. Chapter 11 Bankruptcy in Arizona: An Overview Chapter 11 bankruptcy in Arizona allows enterprises […]
Household Expense Considerations in an Arizona Bankruptcy How will you take care of your family if you opt for an Arizona bankruptcy? Will you have enough to cover basic needs and ensure a good quality of life? These are common questions that trouble many people who are exploring bankruptcy as a way to get out […]
How will Your Arizona Chapter 13 Payment Plan be Calculated? One of the most important questions pertaining to a Chapter 13 bankruptcy is the manner in which Arizona Chapter 13 payment plan will be calculated. This question helps many Arizona residents decide whether a Chapter 13 bankruptcy is the right option for them. People who file […]
Filing for Bankruptcy in Arizona – What’s the 341 Meeting of Creditors? A 341 meeting of creditors sounds quite serious and threatening but it’s just a normal part of filing for bankruptcy. Such a hearing has to be held for every single bankruptcy case and typically, it’s just a formality. Here’s everything you need to […]
Automatic Stay after Filing Bankruptcy – What is it? When filing for bankruptcy, it’s important to acquaint yourself with some of the key terminology. Automatic stay is one of the primary terms because it affects both the debtor and creditors. The automatic stay after filing bankruptcy is the tool that keeps creditors from attempting to […]