For people filing for bankruptcy in Arizona, one type may be better than another. When filing bankruptcy, Chapter 13 may allow you to pay a portion of your debts without losing important assets like your house. Through a repayment plan, you will meet the requirements of your creditors, without being harassed for collections. And, with careful attention to deadlines and payment amounts, you may...Read More
Through wage garnishment laws in Arizona, it is possible to lose up to a quarter of your net pay during each pay period, used to pay back a creditor until the payment is complete. For people who are already feeling financially precarious, the prospect of this can be quite scary!
It is important that creditors follow wage garnishment laws properly if this is the process they choose to use....Read More
When you’re filing for bankruptcy in Arizona, you have two choices – Chapter 7 bankruptcy, or another type of bankruptcy, Chapter 13. There are pros and cons to each type. Here’s how to determine if Chapter 13 bankruptcy is good for you, based on the pros and cons.
Chapter 13 Bankruptcy Explained
Chapter 13 bankruptcy warrants some explanation. Understanding this type of bankruptcy can help...Read More
When you are filing for bankruptcy in Arizona it is easy to get impatient – how long does bankruptcy take, really? For those eager to get a fresh start and put the past behind them, any amount of time can feel too long. It’s important to understand how long bankruptcy takes, so you can have realistic expectations and make plans for the future.
Chapter 7 bankruptcy typically follows a similar...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