Bankruptcy

Qualifying for Bankruptcy in Arizona

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. [...]

By |2019-07-08T06:13:59+00:00July 8th, 2019|Categories: Bankruptcy|Comments Off on Qualifying for Bankruptcy in Arizona

File For Bankruptcy in Mesa Arizona

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 [...]

By |2019-07-24T21:29:05+00:00June 15th, 2019|Categories: Bankruptcy|Comments Off on File For Bankruptcy in Mesa Arizona

Difference between Chapter 7 and Chapter 13

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 [...]

By |2019-08-13T11:20:40+00:00May 28th, 2019|Categories: Bankruptcy|Comments Off on Difference between Chapter 7 and Chapter 13

Filing for Bankruptcy Is the Right Solution

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 [...]

By |2019-07-24T21:34:17+00:00May 23rd, 2019|Categories: Bankruptcy|Comments Off on Filing for Bankruptcy Is the Right Solution

How Much Are Bankruptcy Filing Fees?

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 [...]

By |2019-04-30T12:38:23+00:00April 30th, 2019|Categories: Bankruptcy|Comments Off on How Much Are Bankruptcy Filing Fees?

How to Pick a Bankruptcy Attorney

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 [...]

By |2019-04-29T13:43:46+00:00April 29th, 2019|Categories: Bankruptcy|Comments Off on How to Pick a Bankruptcy Attorney

Can I Delay My Bankruptcy?

When you find yourself in deep financial trouble, you may realize that bankruptcy may just be the best available option in order to settle your debts. Take caution, though, because filing bankruptcy may have undesirable lifelong consequences. On the flip side, a bankruptcy filing enables you to acquire a discharge of your debts and this can offer some sort of relief from issues you may come across when in debt. What are the positive effects of filing bankruptcy? [...]

By |2019-03-19T07:17:01+00:00March 19th, 2019|Categories: Bankruptcy|Tags: , |Comments Off on Can I Delay My Bankruptcy?

Paying Off Through Debt Settlement

The United States is faced with a growing problem of credit card debt and other forms of unsecured debt. If you have a similar problem, know that you are not alone. There are a lot of people struggling with debts. It is also important to be careful because there are shady credit counseling agencies and other organizations that will rob you of your hard-earned cash - without any intention of counseling or helping you in your debt issues. [...]

By |2019-02-19T07:43:06+00:00February 19th, 2019|Categories: Bankruptcy|Tags: , |Comments Off on Paying Off Through Debt Settlement

Does Bankruptcy Negate Alimony?

Alimony payments, also known as "spousal support" is often paid after a divorce by the spouse who earns substantially more money than the other person to whom he or she has been married for several years. Courts rarely award alimony in marriages that have ended quickly or in cases where both spouses earn almost equal income. Alimony payments are typically worked into your separation agreement by your divorce lawyer and are paid monthly on a date set by [...]

By |2019-02-12T21:59:03+00:00December 30th, 2017|Categories: Bankruptcy|Comments Off on Does Bankruptcy Negate Alimony?

Does Bankruptcy Eliminate a Second Mortgage?

You may be able to eliminate a second mortgage in a bankruptcy and that depends on whether you file a Chapter 7 or Chapter 13 bankruptcy. A second mortgage, which is also known as a home equity line of credit or HELOC is a loan that allows you to borrow money against your home's value. Your property is essentially an asset, which acquires value over time. A home equity line of credit works pretty much like a credit [...]

By |2019-07-24T21:24:09+00:00December 24th, 2017|Categories: Bankruptcy|Comments Off on Does Bankruptcy Eliminate a Second Mortgage?