Arizona Personal Bankruptcy Information

Ultimate Guide to Eliminating Student Loans: Forgiveness, Settlement and Discharge

Student loans are the second largest portion of all consumer debt in the United States, behind only mortgages.  But, because of the special legal protections granted to student loans, they are notoriously difficult to reduce or eliminate, unlike almost any other type of debt.  Still, even though student loans are more difficult to deal with […]

How To Choose The Right Phoenix Or Mesa Bankruptcy Attorney

You should never choose an attorney based solely on the information you find online, including online reviews.  First, you can never be certain how accurate the information is.  Second, when it comes to attorney review sites, the ratings can often be manipulated, or are based on factors that have nothing to do with the attorney’s skill and experience.

All About Reaffirmation Agreements in Bankruptcy

Today I want to talk about reaffirmation agreements because it is a topic that is likely to come up if you are researching your bankruptcy options, and can be confusing. What Is A Reaffirmation Agreement? A reaffirmation agreement is a type of agreement that is unique to bankruptcy.  In fact, reaffirmation agreements are generally only […]

Common Questions About Chapter 7 Bankruptcy

These are answers to some of the most frequent questions I hear from my Tucson and Mesa clients considering Chapter 7 bankruptcy.  For a general overview of the Chapter 7 process, see our Chapter 7 Overview page. 1. What is a Chapter 7 bankruptcy? A Chapter 7 bankruptcy is a legal process by which you can eliminate […]

Filing for Bankruptcy in Tucson and Phoenix: A Detailed Guide

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 debt and need immediate relief, trying to figure out all the requirements for debt relief can be particularly stressful.  Luckily, every consumer bankruptcy can be […]

Arizona Bankruptcy Law Updates for 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 overcoming the financial effects of the pandemic in 2021.  Several recent changes to the bankruptcy laws provide important new options and benefits for those individuals […]

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

Determining whether bankruptcy is the right option for dealing with your financial difficulties is the very first step.  Every person’s situation will be slightly different, but in general there are several circumstances that suggest that bankruptcy would be beneficial.

Top Questions to Ask When Filing for Bankruptcy in 2021

How is bankruptcy going to help me deal with the change in financial circumstances? This is a question that must always be asked before filing for bankruptcy.

What Will I Lose If I File For Bankruptcy?

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 a set of “exemptions” that can be used to protect many common assets.  See our article on Assets You Can Keep in Bankruptcy.  But there […]

Role of Creditors in Bankruptcy in Arizona

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 gives the creditors a right to participate in the bankruptcy.   Most debtors who are represented by a bankruptcy lawyer will never have to personally deal […]