Welcome to Tucson Bankruptcy Attorney

Bankruptcy can stop collector harassment, prevent home foreclosure, and help you get back on the right financial path. For business owners, bankruptcy can help restructure debt and allow the business to continue operating. At Yusufov Law Firm, your preferred Mesa, Phoenix and Tucson bankruptcy attorney, our foremost goal is to help you resolve your financial difficulties and get your life back on track. If you are considering bankruptcy and would like expert consultation and help understanding the process, “Yusufov Law Firm is here to help”.

German Yusufov Bankruptcy Attorney

I have been a bankruptcy attorney in Tucson and Mesa, Arizona, for over 15 years, and in that time have helped countless people, as well as businesses, resolve the stress of overwhelming debt. I became a bankruptcy attorney because I believe that a person’s future should not be crippled by an unexpected illness, a job loss, an unsuccessful business venture, or another financial hardship. Debt problems can occur at any time, and, in these tough financial times, individuals and businesses often face such debt problems for reasons outside their control. Everyone deserves a second chance at a secure and financially-stable life free from crushing debt.

My goal, first and foremost, is to remove the pressure and uncertainty of dealing with debt from your shoulders. Bankruptcy is a complicated process, my job is to make it simple. When you work with me, I will explain the benefits of the different bankruptcy debt relief options, help you choose the right bankruptcy chapter, and guide you through every step of the bankruptcy process. I aim to ensure that you not only get the fresh start that you deserve, but that you understand what is going on with your case every step of the way. When you work with a Tucson Bankruptcy Attorney at Yusufov Law Firm, you will never feel that you have no control of your financial circumstances.

— German Yusufov

Experienced Bankruptcy Attorney to Help You Get out of Debt

Whether you are facing foreclosure, are in danger of losing your car, have overwhelming medical bills, want to stop creditors from harassing you, or want to save your business and reorganize your debts, we can provide options to help you address your debt problems.

We have experience dealing with all types of financial problems encountered by individuals and businesses. We will analyze your specific circumstances and prepare an individualized strategy designed to deal with your concerns. Call us today at (520) 745-4429 in Tucson or (480) 788-0098 in Mesa/Phoenix for a free consultation.

Bankruptcy FAQ

Frequently Asked Questions

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Bankruptcy Checklist

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Affordable Bankruptcy Lawyer Services in Tucson Arizona

As a Tucson Bankruptcy Lawyer, we understand the unique issues faced by people who file for bankruptcy in Arizona. We have a thorough knowledge not only of the bankruptcy laws, but also of the Arizona laws that impact the rights and responsibilities of Arizona bankruptcy filers. Filing for bankruptcy without a full understanding of the applicable laws, including Arizona exemption laws, can have drastic consequences. Such consequences can include unexpected loss of property, determination that a debt is not dischargeable, or even denial of the bankruptcy discharge. We will help you determine the best debt relief options for eliminating your debt while protecting your assets and property, so that you can get a fresh financial start.

We also understand the importance of cost-effective legal representation, especially for people already struggling with debt. Therefore, we offer affordable payment plans for both Chapter 7 and Chapter 13 bankruptcy cases, so that you can get the bankruptcy attorney services that you need from a qualified Tucson bankruptcy attorney.

If you are dealing with debt, talk to our local Tucson bankruptcy attorney about your debt relief options.

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Chapter 7 Bankruptcy

Chapter 7 provides immediate relief from debt collectors by imposing an automatic stay as soon as the bankruptcy is filed. This prevents creditors and debt collectors from calling you or contacting you by any other means, or contacting your employer or your relatives. It also stops lawsuits. For qualifying individuals, Chapter 7 bankruptcy is a quick way to eliminate most commons types of debt, such as credit cards, medical bills, payday loans, and personal loans.

Chapter 13 Bankruptcy

Chapter 13 provides enhanced options for those who need help with secured debt, such as a mortgage or a car loan. It is particularly useful to individuals who are behind on their mortgage payments and facing foreclosure, and allows up to five years to catch up on missed payments. Chapter 13 also provides options for modifying payments on vehicle loans. Additionally, Chapter 13 is a good option for those individuals who do not qualify for Chapter 7 due to high income.

Chapter 11 Bankruptcy

For businesses struggling with debt, Chapter 11 provides options for eliminating or restructuring debt to allow the business to continue operating. While in Chapter 11 bankruptcy, the business is given breathing room to operate without interference from creditors. Upon exit from bankruptcy, the business should be free from burdensome debt, with unsecured debt either being paid off or discharged, and secured debt modified to make payments more affordable.

Debt Settlement and Negotiation

Sometimes bankruptcy is not the right option, such as when the costs of bankruptcy would be too high relative to the amount of debt, or if the individual has too much in non-exempt assets or too high income. In such cases, debt settlement can provide a more effective alternative. Settlement allows elimination of debt through negotiation directly with the creditor and payment of a reduced amount. Most types of debt can be settled, including credit cards, medical bills, and even student loans.

Lawsuit Defense and Litigation

Where neither bankruptcy nor debt settlement is an option, and a lawsuit is filed by a creditor, we can provide an aggressive defense in court. In some cases, such as where the statute of limitations has expired, or where the creditor does not have the necessary documentation for the debt, litigation in court may be the best way to completely eliminate the debt.

Student Loan Defense and Settlement

Student loan debt presents unique problems because, with limited exceptions, it is generally not dischargeable in bankruptcy, and therefore student loan lenders have little incentive to negotiate a settlement. However, there are ways to settle student loan debt, to eliminate it through litigation, or to even discharge it in bankruptcy. We have extensive experience representing student loan debtors, and have successfully defended clients in court against student loan debt collection through settlement, through litigation, and through bankruptcy.

Personal Attention and Honest Advice

Choosing a bankruptcy attorney can be a nerve-racking process. That is why we provide a free consultation to help you understand your rights and options. We will give you honest advice on whether bankruptcy is the right choice for you, and will always let you know what alternatives to bankruptcy may be available. Further, we are always available to answer any questions or concerns our clients may have as their cases progress.

We know that getting quality information and advice about the bankruptcy process is essential to making the right decision about your financial future. We will lay out your options, clearly explain bankruptcy laws relevant to your situation, and help you ensure that the bankruptcy process goes smoothly.

About the Bankruptcy Process

Bankruptcy is the legal procedure that allows individuals, businesses, and other organizations to get relief from burdensome debts, either by modifying the repayment schedule, reducing the debt, or eliminating it altogether.

Hire an Experienced Bankruptcy Attorney

An experienced Bankruptcy Attorney can provide significant benefits in helping you obtain prompt and effective debt relief. Even in the simplest bankruptcy cases, the debtor must follow several strict procedural requirements to receive a discharge. In addition, the debtor must be sufficiently familiar with the bankruptcy laws to avoid pitfalls that can result in failure to discharge certain debt or in unanticipated loss of property. Having an experienced Tucson Bankruptcy Attorney on your side throughout the bankruptcy process will alleviate the need for the debtor to learn and understand the bankruptcy laws, and will almost always make the bankruptcy process much more smooth and painless. The most significant benefit of an experienced bankruptcy lawyer is that the lawyer can usually quickly spot any potential issues with your case, and address them before the bankruptcy case is even filed.

Top 3 Benefits of Hiring an Experienced Bankruptcy Attorney

  • Assess potential issues before the case is filed
  • Ensure compliance with all procedural requirements
  • Maximize the benefits of bankrutpcy
Chapter 13 Bankruptcy Attorney Tucson
Tucson Bankruptcy Lawyer

Why Choose Yusufov Law Firm PLLC?

You have a wide selection of attorneys to choose from when looking for bankruptcy assistance. Why choose Yusufov Law Firm PLLC? We have the experience to handle the most complex bankruptcy cases. More importantly, we are committed to providing each individual client with the best possible result for his or her case, and we will work tirelessly to make that happen. When you work with Yusufov Law Firm, you can be assured that you and your case will receive our complete dedication and the personal attention that you need and deserve.

Have Questions?

Schedule a Free Consultation

Whether you’re an individual overwhelmed by debt or a business struggling to stay afloat, we are here to help you understand your debt relief options and assist you in taking hold of your finances and getting a fresh start. Answers to your debt relief questions are just a phone call away. Contact us via our website or give us a call at (520) 745-4429 in Tucson or (480) 788-0098 in Mesa/Phoenix today.


Many people considering bankruptcy want to know if they can keep some of their credit cards after bankruptcy. The reasons vary. Some want to pay off a particular debt, some want to keep a specific card because it offers a particularly low-interest rate, but most often the reason is that they simply want to have access to a credit card after bankruptcy. Whether you can keep a credit card after bankruptcy often depends on whether there is a balance on the card when the bankruptcy is filed.Learn more.

Most unsecured debts can be discharged in bankruptcy. This includes credit card balances, medical bills, and personal loans. In addition, some secured debts, like judicial liens, can be discharged if they impair an exemption in a debtor’s property.
It shoud be noted, however, that certain debts, even though unsecured, are not discharged in bankruptcy. For example, bankruptcy will not discharge domestic support obligations and certain taxes. In addition, whether some unsecured debts are dischargeable may depend on the type of bankruptcy filed (i.e. Chapter 7 or Chapter 13). If you have questions about the dischargeability of a particular debt, you will need to speak to a bankruptcy attorney. If you reside in Mesa, greater Phoenix area, Tucson or Southern Arizona, please contact Yusufov Law Firm for a free consultation. Learn More.

The answer is generally yes, if you continue making the mortgage payments. If you fell behind on your mortgage payments due to temporary financial difficulties, filing a Chapter 13 bankruptcy can allow you to catch up on the missed payments over a period of several months to several years. This is true even if a foreclosure date has already been set–filing bankruptcy will stop the foreclosure process. If your income is not sufficient to continue making your monthly mortgage payment, you may be able to modify your mortgage through the Mortgage Modification Mediation Program.  In some situations, especially where the debt on the house far exceeds its value, surrendering the house to the lender may be the best option, and may in fact resolve most, if not all, of your financial difficulties. However, for individuals who want to keep their house, their other debts can often be restructured, reduced, or eliminated in order to free up enough income to make the mortgage payment. To learn about your options, please contact a Mesa and Tucson bankruptcy attorney at Yusufov Law Firm for a free consultation.

Yes, filing for bankruptcy will stop most wage garnishments. However, bankruptcy will not stop wage garnishments based on a domestic support obligation, like child support.  For more, read our Ultimate Guide to Stopping Garnishment in Arizona.

No, you do not have to give up all your assets. In fact, the purpose of the bankruptcy laws is to allow individuals to obtain a fresh financial start. This purpose would be completely defeated if debtors were required to give up all their assets. The bankruptcy code and state law specifically allow an individual to keep (exempt) various types of personal and household property, as well as a car and a house, each up to a certain value. In most situations, individuals can keep all their personal and household belongings after filing for bankruptcy. An experienced bankruptcy attorney can advise you how filing for bankruptcy will affect your assets, and can help you plan prior to filing bankruptcy to maximize the assets you are able to keep.

Yes, you have to list all your debts and assets. Failure to do so may result in you not being able to discharge (eliminate) the unreported debt, and in not being able to exempt an unreported asset. Further, providing incomplete or false information under oath on bankruptcy forms may, in the most serious cases, result in criminal penalties. It is to the benefit of every debtor to list all debts and assets, because if a debt or asset is not listed, it cannot be managed through the bankruptcy process. Sometimes, a debtor may not want to list debts owed to certain preferred creditors (e.g. a family member who loaned you money) because he or she wants to repay those creditors in full. Or a debtor may not want to list an asset because he or she is afraid to lose that asset in bankruptcy. An experienced bankruptcy attorney can help you structure your affairs so that you protect assets you want to keep, and can also advise you on how you can repay certain creditors in full without violating bankruptcy laws. However, your attorney cannot do this if he does not have complete information about your debts and assets.

No, it does not matter to the bankruptcy court what efforts you made to repay your debts prior to filing bankruptcy. In some cases, especially when dealing with collection agencies, individuals who try to resolve their financial difficulties on their own may end up putting themselves in a worse financial situation by giving in to the threats of collectors and paying bills that could be discharged in bankruptcy, while neglecting bills that cannot be discharged. If you are faced with serious financial difficulties, it is usually advisable to seek competent advice as soon as possible. An experienced bankruptcy attorney can advise you of your options, including whether bankruptcy is the right choice in your situation, and can not only save you money, but also months of stress of dealing with collection agencies.

There is no single answer to this question. Under the current federal law, a bankruptcy can remain on a person’s credit history for up to 10 years. On the other hand, most individuals who file for bankruptcy already have poor credit because of prior defaults and delinquencies, and therefore bankruptcy is not likely to negatively affect their credit. In some situations, bankruptcy may even improve a person’s credit, because bankruptcy can eliminate many debts and thus improve a person’s financial situation, and because once a person receives a discharge in bankruptcy, he or she generally cannot file for bankruptcy and receive another discharge for 4 to 8 years. While each creditor is different, many do not automatically exclude the millions of customers who have filed for bankruptcy, and most look more to a potential customer’s current income situation, and its stability, than to anything else.  For additional information, read our articles How Will Bankruptcy Affect My Credit Score? and How to Restore Your Credit After Bankruptcy in Arizona

Secured debts are those debts the payment of which is guaranteed (secured) by a particular item or items of property. For example, when buying a house, the buyer usually borrows money for the purchase and pledges the house itself as a guarantee (security) of repayment (what we all know as a “mortgage”). If the borrower does not pay a secured debt, the lender can sell the property to recover the money loaned. In the example with the house, if the borrower does not pay the mortgage, the lender (bank) can sell the house to recover the money it loaned. Other examples of secured debts are car loans, home equity loans, and judicial liens.

Unsecured debts are debts that are not protected by a pledge of property as collateral. An example is medical bills—if a person does not pay his or her medical bills, the hospital cannot automatically sell any of the person’s property to pay the bills. Another example is credit card bills. Credit card purchases are normally secured by the item purchased (e.g. the item of clothing), but because most items purchased with a credit card lose value very quickly and are hard for credit card companies to locate, credit card debts are generally treated as unsecured debts.

The difference between secured and unsecured debts is important because if a person files for bankruptcy to receive a fresh financial start, he or she generally does not need to repay unsecured debts in full, but secured debts, with certain exceptions, must generally be repaid in full.

Exempt property is property that cannot be taken by most creditors to satisfy the creditors’ claims against the debtor. Put simply, it is the property that the debtor can keep. All other property is non-exempt. The purpose of exemption law is to allow the debtor to keep those items of property deemed essential to daily life.

Exemptions are created by both state and federal law. As an example, under Arizona law, a debtor can generally exempt up to $150,000 of equity in his residence (the amount by which the value of the property exceeds the mortgage and other voluntary loans secured by the property). So, if a person filing for bankruptcy owns a $250,000 house with a $100,000 mortgage, his creditors, other than the mortgage company, cannot take the house to satisfy their claims. Another Arizona exemption allows a debtor to keep a car up to $6,000 in value. Yet another exemption, under federal law, allows a debtor to keep most pension and retirement benefits. Follow this link for a detailed list of Arizona bankruptcy exemptions.

There are two important caveats to keep in mind when discussing exemptions. First, an exemption cannot protect property from a creditor who holds a voluntary lien on the property. So, if you voluntarily grant a lien on your property to a creditor in order to obtain a loan, which is what happened if you have a mortgage on your house or obtained a loan to buy a car, then that creditor can take the property if you do not pay the debt. Second, many exemptions are limited in amount, like the car exemption discussed above. However, there are ways for a debtor to keep property even if its value exceeds the exemption amount, and an experienced bankruptcy attorney can advise you on how to accomplish this.

Yes. Payday loans (i.e. loans in which you give the lender a post-dated check in return for the loan) are generally unsecured. Therefore, they can be discharged (eliminated) just like other unsecured loans. How much of the loan you can discharge depends on several factors, including the type of bankruptcy (Chapter 7 or Chapter 13), your income, other assets, and expenses. For more information, you can read our article on debts not dischargeable in Chapter 7 bankruptcy.

The general answer is no, you cannot eliminate a mortgage on your house. Because a mortgage is a secured debt, it is guaranteed by the house itself. Therefore, as long as you own the house, you are required to pay the mortgage. However, in Arizona, there is an important exception to this rule–if you have two mortgages on your house, and the value of the house is equal to or less than the amount of the first mortgage, then you can avoid (strip) the second mortgage. The second mortgage then becomes an unsecured debt, and can be discharged just like other unsecured debts.

Similarly, if you have three or more mortgages, and the value of the house is equal to or less than the amount of the first mortgage, then the second and all subsequent mortgages can be stripped. If the value of the house is equal to or less than the amount of the first and second mortgages combined, then the third and all subsequent mortgages can be stripped, and so on.

The answer depends on whether you file a Chapter 7 bankruptcy or a chapter 13 bankruptcy. In Chapter 7, as a general rule, if you receive an income tax refund that relates to a tax year that preceded the bankruptcy, you must turn the refund over to your creditors. So, if you file in 2020, and then receive a refund for the 2019 tax year, you will not be able to keep the refund. However, the timing of the bankruptcy filing is important. If you receive a refund after you file for bankruptcy, like in the preceding example, you cannot keep it. If, on the other hand, you receive the refund before you file for bankruptcy, an experienced bankruptcy attorney can advise you how to organize your finances to enable you to keep the refund.

In Chapter 13 bankruptcy, you can generally keep all income tax refunds that relate to a tax year that preceded the bankruptcy, regardless of whether you receive the refund before or after filing for bankruptcy. However, if you receive the refund after filing for bankruptcy, you may be required to pay the value of the refund to your creditors over the term of your Chapter 13 plan.

To sum up, if you are expecting to receive an income tax refund, it is generally advisable to wait until after you receive it before filing for bankruptcy. However, every situation is different, and there are both benefits and costs associated with delaying a bankruptcy filing. If you are considering bankruptcy, you should consult with a bankruptcy attorney in your area. If you reside in Tucson or Southern Arizona, you may contact a Mesa and Home at Yusufov Law Firm for a free consultation.

A bankruptcy trustee is an individual (usually a lawyer) with responsibility for overseeing a bankruptcy case.

You may see references to several different types of trustees: the United States Trustee—an officer of the Department of Justice who generally oversees all bankruptcy cases, takes legal action to enforce requirements of the Bankruptcy Code, and appoints Chapter 7 and Chapter 13 trustees; Chapter 7 trustee—a private individual appointed to administer a Chapter 7 bankruptcy case; Chapter 13 trustee—a private individual appointed to administer a Chapter 13 bankruptcy case; Chapter 11 trustee—a private individual appointed to administer a Chapter 11 business reorganization case (this does not happen often). You may also sometimes hear the term “case trustee.” This refers to the trustee assigned to the particular case, and would include any type of trustee except the United States Trustee.

Some of the duties of the different types of trustees are: reviewing the petitions and schedules filed by debtors, presiding over the meeting of creditors that must be held in every bankruptcy case, objecting to improperly claimed exemptions, selling non-exempt property and paying creditors (in Chapter 7 bankruptcy cases), collecting and distributing debtors’ monthly plan payments (in Chapter 13 Bankruptcy Lawyers in Tucson, Arizona cases), appointing creditors’ committees and reviewing disclosure statements (in Chapter 11 bankruptcy cases).

A meeting of creditors (sometimes also called a “341 meeting,” because it is provided for by section 341 of the Bankruptcy Code) is a meeting that must be held in all Chapter 7 and Chapter 13 bankruptcy cases, and in most Chapter 11 bankruptcy cases. Absent extraordinary circumstances, a debtor must personally appear at this meeting. The purpose of the meeting is to give an opportunity to the debtor’s creditors to question the debtor about matters related to the debtor’s finances and the bankruptcy filing. The meeting is presided over by the United States trustee or the case trustee. The bankruptcy judge is not present at this meeting.

In cases involving consumer debtors (i.e. not business bankruptcy cases) such meetings are usually very short, and no creditors show up. In business bankruptcy cases, the meetings of creditors are generally longer, and, if multiple creditors wish to participate, can sometimes extend over several days.

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