5 Signs of Bankruptcy Being hesitant about a bankruptcy filing is nothing but natural. After all, declaring bankruptcy will have a profound effect on your future. In certain instances, however, bankruptcy is inevitable. Is an Arizona bankruptcy filing your only option for debt relief? The answer is yes if at least one of the following […]
Bankruptcy Tips and Tricks for Single Moms in Arizona As a single parent, you carry all of the responsibility for members of the household. A single mom could also be the only person in the family generating some income. Because of these circumstances, it’s not uncommon for single moms in Arizona to consider a divorce […]
Filing Bankruptcy in Arizona Bankruptcy is controlled by Federal law and contains some very complex rules and regulations. Filing correctly in the District of Arizona will ensure that your bankruptcy case has the best chance of going your way. Before Filing The 2005 Bankruptcy Abuse Prevention and Consumer Protection Act requires all consumers to undergo […]
Chapter 7 Debt Limits and Chapter 13 Debt Limits in Arizona Going through a financially-challenging situation will have you thinking about many aspects of the future. A bankruptcy filing can relieve you from some of the debt burden but do you qualify for it? Both Chapter 7 and Chapter 13 bankruptcy filings come with a […]
Bankruptcy and Self-Employment in Arizona Whether you’re working for somebody or you’re self-employed, you will have to meet certain bankruptcy filing requirements. Self-employed professionals and small business owners tend to have various questions about their eligibility and whether meeting the conditions for debt discharge is going to be easy. Income Verification for Self-Employed Individuals in […]
What are the Challenges to Arizona Bankruptcy Filings? Filing bankruptcy can be challenging. While a bankruptcy filing can help you when you are facing extreme financial difficulty by avoiding repossessions and foreclosure, it is not free from its own pitfalls. When you file bankruptcy protection, you can put an end to the harassing phone calls, […]
What Are the Most Common Causes of Bankruptcy in Arizona? Bankruptcy may seem like a last resort solution for financial troubles but it occurs much more frequently than you would think. United States Bankruptcy Court District of Arizona data for 2017 suggests that there have been 15,296 bankruptcy filings in Arizona – an increase of […]
What Happens to Your Car in Chapter 13 Bankruptcy? Whether you own a car, a truck or a motorcycle, you will obviously want to know how they will be impacted in Chapter 13 bankruptcy proceedings. The differences between Chapter 7 (liquidation) and Chapter 13 bankruptcies are significant. These differences extend to the fate of vehicles. […]
The Homestead Exemption in an Arizona Bankruptcy Explained Chapter 7 bankruptcies are often misunderstood and they become the cause of unnecessary fear. So many people experiencing debt issues refrain from bankruptcy filing because of the liquidation aspect. They worry about losing their home, their car and other valuables. In Arizona, just like in all other states, […]
Can a Creditor Object to a Bankruptcy Discharge? Chapter 7 bankruptcies provide many individuals in Arizona with a chance to overcome debt and stabilize their financial situation. This bankruptcy chapter allows for the discharge of the debt but can a creditor object to a bankruptcy discharge, and under what circumstances? What is a Bankruptcy Discharge […]