Bankruptcy

If you’re planning to file for bankruptcy, but are unsure about hiring the legal services of a bankruptcy attorney, read on to find out which bankruptcy cases most require legal assistance from a bankruptcy lawyer. Bankruptcies stem from different circumstances, and there are different types of bankruptcy to suitably cater to every bankruptcy case. Hiring bankruptcy attorneys isn’t mandatory in bankruptcy filings. As a rule, the need rises in proportion to the complexity of the case. Nonetheless, getting [...]

Bankruptcy stays on a filer’s credit report for some years. Notwithstanding that, it still gives a former debtor a chance to start over. If you yourself are experiencing financial distress and unable to pay your debts, filing for bankruptcy may just be the solution. To get legal advice on your best course of action, consult a bankruptcy attorney Personal Bankruptcy Chapter There are different types of bankruptcy detailed in the United States bankruptcy code, but for an individual [...]

To go bankrupt is unfortunate, but it may be the only remaining option if you want to get some debt relief. The good thing is the bankruptcy protection from the automatic stay the bankruptcy process bestows affords you some peace as you try to get out of debt. After bankruptcy, you can start over armed with tools for better debt management from the experience and from your session with a credit counselor. There are different types of bankruptcy. [...]

Is It Time For Me to File For Bankruptcy in Mesa Arizona? After you unburden your financial woes on your friends, you might ask them whether or not you should file for bankruptcy in Mesa, Arizona. Most likely, you will hear them say, “Only as a last resort” or “Surely, there might be other ways.”  Your friends may mean well when they respond like this because they want you to explore all other suitable alternatives to bankruptcy.  This [...]

Bankruptcy - the Difference between Chapter 7 and Chapter 13 There are over a thousand pages of the bankruptcy code, so below is a simple explanation of Chapter 7 and Chapter 13, the two main types of bankruptcy that individuals file. What Are Chapter 7 and Chapter 13? When individuals file for bankruptcy, it is usually Chapter 7 or Chapter 13. Individuals may also file Chapter 11, but it is generally for corporations with very large debts. Chapter [...]

When Filing for Bankruptcy Is the Right Solution We are often asked if filing for bankruptcy in Arizona is the right solution for me. Being in debt is a way of life for many Americans. This notion is further reinforced by the fact that debt levels have actually hit new highs. Take a look at the numbers: The Federal Reserve Bank of New York reported that overall household debt, which includes credit cards, student loans, and mortgages, was at [...]

Before you finally decide to file for bankruptcy, you need to be aware of the expenses it will entail. Let us share with you how much you need to shell out for bankruptcy filing fees, mandatory credit counseling costs, and when you need to settle them. We will also share with you how you can qualify for waiver of fees or installment payments so you can save more of your remaining funds. If you are considering to file [...]

After struggling to pay your debts for months or even years, you think that you’re ready to file bankruptcy. It's time to contact a bankruptcy lawyer, but which one?  Can you trust the ones who advertise on TV and radio, others on taxi cabs and bus stops? Asking a friend to refer you to a bankruptcy attorney to help you with filing bankruptcy can be awkward. But you are facing foreclosure, have huge medical bills, a pile of [...]