Can Bankruptcy Affect My Credit Score? YLF Bankruptcy

Can Bankruptcy Affect My Credit Score?

German Yusufov July 20, 2021

Credit scores have become an omnipresent part of our lives—your credit score can affect whether you can get a credit card, rent an apartment, qualify for a mortgage, or even...

Read More
Filing for Bankruptcy in Tucson and Phoenix A Detailed Guide YLF Bankruptcy

Filing for Bankruptcy in Tucson and Phoenix: A Detailed Guide

German Yusufov June 7, 2021

If you are considering filing for bankruptcy in Tucson or Phoenix, Arizona, the process can seem intimidating and overwhelming.  And because most people filing for bankruptcy are already overwhelmed with...

Read More
Unemployment Compensation Is Taxable In Arizona (With One Exception) - YLF Bankruptcy

Unemployment Compensation Is Taxable in Arizona (with One Exception)

German Yusufov March 29, 2021

One of the effects of the COVID pandemic has been that many more people became reliant on unemployment compensation and benefits.  At the same time, the unemployment benefits significantly increased...

Read More
Arizona Bankruptcy Law Updates For 2021 YLF Bankruptcy

Arizona Bankruptcy Law Updates for 2021

German Yusufov January 20, 2021

With the COVID-19 pandemic continuing to drag down the economy and creating financial hardships for individuals and small businesses, it is likely that bankruptcy will become an important tool for...

Read More
Is There A Right Time To File For Bankruptcy In Arizona YLF Bankruptcy

Is There a Right Time to File for Bankruptcy in Arizona?

German Yusufov December 15, 2020

A question I often encounter from my Tucson and Phoenix clients is if there is a right time to file for bankruptcy.  Bankruptcy can help eliminate many types of debt...

Read More
Top Questions To Ask When Filing For Bankruptcy In 2021 YLF Bankruptcy

Top Questions to Ask When Filing for Bankruptcy in 2021

German Yusufov December 1, 2020

The COVD-19 pandemic that has been gripping the world over the last year has upended daily life for the majority of people both nationwide and in Arizona. The most serious...

Read More
What Will I Lose If I File For Bankruptcy YLF Bankruptcy

What Will I Lose If I File For Bankruptcy?

German Yusufov October 21, 2020

There is a common misconception that a person filing for bankruptcy will lose everything he or she has.  That is not true.  Both the bankruptcy law and state law provide...

Read More
Role Of Creditors In Bankruptcy In Arizona YLF Bankruptcy

Role of Creditors in Bankruptcy in Arizona

German Yusufov July 31, 2020

Bankruptcy is designed to give individuals and businesses a fresh financial start.  However, another purpose of bankruptcy is to ensure that the creditors are treated fairly.  Therefore, the Bankruptcy Code...

Read More
Do I Qualify For Chapter 7 Bankruptcy

Do I Qualify for Chapter 7 Bankruptcy?

German Yusufov May 22, 2020

In a recent year, more than 477,000 consumers and businesses filed for Chapter 7 bankruptcy in United States Bankruptcy Courts across the country. This type of bankruptcy is faster than...

Read More
How Long Does A Bankruptcy Case Take

How Long Does a Bankruptcy Case Take?

German Yusufov May 8, 2020

When you make the decision to file bankruptcy, it is important that you understand how the process generally works. One of the first questions we hear is, how long will...

Read More