Bankruptcy

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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. [...]

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 [...]

By |2019-02-11T19:44:00+00:00December 24th, 2017|Categories: Bankruptcy|Comments Off on Does Bankruptcy Eliminate a Second Mortgage?

How Do I Keep My House and File for Bankruptcy?

As Arizona bankruptcy attorneys, we often come across individuals or families that will hesitate for file for bankruptcy protection even though they are drowning in debt and are living from paycheck to paycheck. And they do this because they fear losing their home as part of the process. Before you file for bankruptcy and decide what [...]

By |2019-02-12T21:59:43+00:00December 1st, 2017|Categories: Bankruptcy|Comments Off on How Do I Keep My House and File for Bankruptcy?

How Many Times Can You File For Bankruptcy In Arizona?

If you are overwhelmed by significant debt and are not eligible for other options such as offer-in-compromise or payment plans, you may wish to consider bankruptcy. While it may sound dire, often, bankruptcy is a great opportunity for those saddled with large amounts of debt to potentially eliminate their debt and get a valuable fresh start. [...]

By |2017-11-16T14:38:42+00:00November 16th, 2017|Categories: Bankruptcy|Comments Off on How Many Times Can You File For Bankruptcy In Arizona?

Romano's Macaroni Grill Files for Chapter 11 Bankruptcy

The owner of Romano's Macaroni Grill has filed for Chapter 11 bankruptcy. According to an Associated Press news report, the national restaurant chain's owner, Mac Acquisition, filed for protection with the U.S. Bankruptcy Court for the District of Delaware, citing some $23 million in secured debt with negative earnings of $12 million and on revenues of [...]

By |2017-11-13T21:38:11+00:00November 13th, 2017|Categories: Bankruptcy|Comments Off on Romano's Macaroni Grill Files for Chapter 11 Bankruptcy

How Will Bankruptcy Affect My Credit Score?

People are often wary about filing for bankruptcy because they know the bankruptcy will show up on a credit report. There is no denying that a bankruptcy has an impact on a credit score, and that lenders may be reluctant to extend no credit to debtors who have filed bankruptcy. Realistically, however, by the time debtors [...]

By |2017-10-17T17:06:54+00:00October 17th, 2017|Categories: Bankruptcy|Comments Off on How Will Bankruptcy Affect My Credit Score?

Toys ‘R’ Us Bankruptcy: The Rise and Fall of an Empire

Toys ‘R’ Us, the nation’s largest toy retailer, has filed for Chapter 11 bankruptcy after suffering from slumping sales and incurring a significant amount of debt. According to a news report on CNN.com, the 69-year-old retail giant was once hailed as the go-to place for children’s toys and gifts. However, over the last several years Toys [...]

By |2017-09-28T16:41:37+00:00September 28th, 2017|Categories: Bankruptcy|Comments Off on Toys ‘R’ Us Bankruptcy: The Rise and Fall of an Empire

Why People File For Bankruptcy in Tempe, Arizona

  There are three common events that cause people to file for bankruptcy in Tempe, AZ. These include: Divorce Health problems Estate Planning Issues Job Loss or Curtailment of Income If you find yourself experiencing these problems, you are not alone. There are many ways that even the most prepared Tempe resident can find themselves in, [...]

By |2017-08-14T17:37:54+00:00August 14th, 2017|Categories: Bankruptcy|Comments Off on Why People File For Bankruptcy in Tempe, Arizona

How Bankruptcy Services in Scottsdale Can Help Those In Severe Debt

There are many reasons why people fall into financial trouble in Scottsdale, Arizona. There are three events that cause the biggest issues for the majority of those seeking bankruptcy services in Scottsdale: Divorce Medical bills and health problems Underemployment or loss of a job If you experience one of these events in your life, you're not alone. [...]

By |2017-08-07T16:35:18+00:00August 7th, 2017|Categories: Bankruptcy|Comments Off on How Bankruptcy Services in Scottsdale Can Help Those In Severe Debt

What Bankruptcy Paperwork Do You Need to File?

You have decided that filing bankruptcy is the best option for you. Now comes the tedious part of filling out the required forms. Bankruptcy paperwork can be confusing for many people. There is so much information to provide. One mistake could delay your bankruptcy court proceedings. In the initial stages of filing for bankruptcy? Be sure you have [...]

By |2019-02-12T22:04:21+00:00July 20th, 2017|Categories: Bankruptcy|Comments Off on What Bankruptcy Paperwork Do You Need to File?

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