Facing Bankruptcy in Tucson?

By German Yusufov | Updated May 24, 2020

Although commonly seen as a last resort, bankruptcy is actually a new beginning. Bankruptcy protections were written into the United States Constitution because they provide struggling Americans with an avenue to financial freedom. Many Tucson residents and businesses are considering filing for bankruptcy in Arizona, and there are multiple types of bankruptcy designed to address […]

Filing for Bankruptcy in Tucson – Now What?

By German Yusufov | Updated May 24, 2020

When you make the important decision to file for bankruptcy, you must start your case by filing a petition with the proper bankruptcy court. The petition and supporting documentation are extensive, and once they are filed, what can you expect next? While each case is different, the following is a general idea of the path […]

Taking the Necessary Steps to Prevent Bankruptcy

By German Yusufov | Updated May 24, 2020

Bankruptcy laws provide debt relief for consumers in the Phoenix area, the State of Arizona, and across the United States. However, with the benefits of bankruptcy also come requirements that must be met in order to qualify. In addition, bankruptcy can have drawback, such as the potential impact on the credit score, and loss of […]

Bankruptcy Myths and Misconceptions

By German Yusufov | Updated May 24, 2020

There are several myths and misconceptions about bankruptcy floating around the internet.  Some of them are spread by creditors and companies trying to sell “debt settlement” services.  Others stem from common misunderstandings of the bankruptcy laws.  This article discusses and dispels the most common bankruptcy myths and misconceptions. Myth 1: It is very difficult to […]

Debt Settlement vs Bankruptcy: Pros and Cons

By German Yusufov | Updated May 24, 2020

If you are struggling with debt that you cannot pay, you have probably been told, or have read on the internet, that two of the ways to deal with the debt is through either debt settlement or bankruptcy.  You have probably also read different opinions as to which one is better.  The truth is that […]

Can I Keep My Car in Chapter 7 Bankruptcy?

By German Yusufov | Updated May 24, 2020

Many people incorrectly think that if they file for bankruptcy, they have to give up everything they own, including their car.  This is not correct.  Under both the bankruptcy law and Arizona law, a person filing for bankruptcy can keep many types of property, up to a certain value.  These are called exemptions (See What […]

How to Stop a Wage Garnishment Right Now

By German Yusufov | Updated May 24, 2020

Have you received a notice from your employer that your wages are about to be garnished?  Or, was your last paycheck garnished without you even knowing it would happen?  In Arizona, a creditor can take up to 25% of your wages through garnishment. So if a garnishment happens unexpectedly, it can seriously hinder your ability […]

How to Use Bankruptcy to Stop an Eviction

By German Yusufov | Updated May 24, 2020

Do you rent your residence?  Is your landlord threatening to evict you?  If so, bankruptcy may help you avoid eviction.  In this article, I will discuss how bankruptcy affects eviction proceedings, how to determine if bankruptcy will be of benefit to you in stopping an eviction, and the requirements for stopping an eviction through bankruptcy. […]

Common Questions About Chapter 13 Bankruptcy

By German Yusufov | Updated May 24, 2020

These are answers to some of the most frequent questions I hear from my Tucson and Mesa clients considering Chapter 13 bankruptcy.  For a general overview of the Chapter 13 process, see our Chapter 13 Overview page. 1. When should I choose a Chapter 13 bankruptcy? As with any bankruptcy, you should choose Chapter 13 […]

7 Mistakes to Avoid When Filing for Bankruptcy in Arizona

By German Yusufov | Updated May 24, 2020

Bankruptcy can be very effective in eliminating debt and getting your life back on track.  But for those trying to file for bankruptcy without a lawyer, mistakes can be costly (Read Should I Hire a Bankruptcy Attorney?).  Unfortunately, once the bankruptcy is filed, mistakes become very difficult to fix.  Here are the most common mistakes […]

Free Consultation

To discuss your financial situation and learn more about your
debt relief options, give us a

call at (520) 745-4429 or (480) 788-0098

Free Consultation

To discuss your financial situation and learn more about your
debt relief options, give us a

call at (520) 745-4429 or (480) 788-0098