Filing for bankruptcy is a complex process — you have to think about every aspect of your finances and how it could be affected by filing. Many people wonder how their tax refunds will be affected by filing for bankruptcy. It all depends on when the tax return is issued.
Typically a tax refund will be considered an asset during a Chapter 7 bankruptcy filing if you are entitled to receive the...Read More
If you’re thinking about filing for bankruptcy in Arizona and have done so before, you might be wondering, can you file bankruptcy twice? Many people in dire financial straits find themselves wondering, can you file bankruptcy twice, worrying that they are stuck in a bad situation without a chance for a clean slate.
Filing for bankruptcy in Arizona twice is possible, but there are strict...Read More
What is bankruptcy, and how can it affect your financial future? If you’re a 20-something, filing for bankruptcy in Arizona may be far from your mind, but it’s important to make financially healthy decisions to avoid getting into this situation in the future. Here are a few tips for how to avoid bankruptcy.
1. What is Bankruptcy? – Knowledge is Power!
As a 20-something you should understand...Read More
In some cases, when filing for bankruptcy in Arizona, you may be able to eliminate your income tax debt. This depends entirely on circumstances and can be complex, so it’s important to get in touch with a bankruptcy lawyer in Surprise, AZ to assist you in this process.
To have income tax debt discharged by filing for bankruptcy in Arizona, you must meet certain requirements. This means you...Read More
Whenever someone files for Chapter 7 or Chapter 13 bankruptcy, they are supposed to do so in good faith. A bad faith filing means they did something to abuse the system. Your bankruptcy lawyer in Phoenix, AZ will work with you to ensure that you follow all of the rules and do everything in good faith.
Unfortunately, it appears that some Chapter 7 trustees and their attorneys are targeting...Read More
The phone rings and the hairs on the back of your neck stand up. You know it’s a creditor on the other end of that phone, and you can’t help but feel scared. Don’t let panic get the best of you. Take a moment to get a better of understanding of what creditors do and how a bankruptcy lawyer in Surprise, AZ can help.
The Role of the Creditor
A creditor holds the debt that you...Read More
Filing for bankruptcy is a big decision. Before you jump in, it is a good idea to understand Chapter 13 bankruptcy. Once you have Chapter 13 bankruptcy explained to you, you will know if it is what you need to do. Then, you can move forward and hire a bankruptcy lawyer in Glendale, AZ.
Once you have Chapter 13 bankruptcy explained to you, you will understand that you will have to...Read More
If you enter into Chapter 13 bankruptcy, you have to repay certain debts. You likely have a lot of questions about your repayment plan. Once you have Chapter 13 bankruptcy explained to you, you will have a much better idea of how the process works. Scheduling an appointment with a bankruptcy lawyer in Glendale, AZ will get you on the right track to a fresh start.
Q: I need Chapter 13...Read More