When filing Chapter 7 bankruptcy in the state of Arizona, the court requires individuals to complete a means test. The means test was brought in as a part of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. The means test is a way of ensuring that people […]
Most people in the United States turn to bankruptcy as a way to climb out of a hole of debt that amassed over many years. One of the biggest reasons that bankruptcy is filed is because of medical debts. When illness comes upon someone, they may not have sufficient enough insurance […]
Part of the bankruptcy procedures include exemptions that the courts allow bankruptcy filers to claim when they file their bankruptcy. Unfortunately, there is still a chance that some of your household items will end up sold, depending on the type of bankruptcy you file. To understand what […]
Wage garnishments are issued by court order in the state of Arizona. These court orders can have the wages of the debtor garnished up to 25% of the net paycheck. A wage garnishment cannot be started until it has gone through the proper channels and has been issued by a […]
A lot of misconceptions exist about what happens when filing bankruptcy in the state of Arizona. The facts seem to get misconstrued like playing a game of telephone. Everyone makes mistakes financially at some point in their life. The […]
Anytime a Chapter 7 or 13 bankruptcy is filed in the state of Arizona, the court will appoint a bankruptcy trustee. The state of Arizona is not the only state that appoints trustees in bankruptcy proceedings. This […]
When you are filing Chapter 7 bankruptcy, the idea of the trustee that is appointed to your case ceasing your personal assets can be devastating. It is important to make sure that you are looking […]
When you file for chapter 7 bankruptcy, you are asking the court to discharge your unsecured debts. Once you decide to file for bankruptcy, your life and finances will be put under a microscope. If you file […]
Each business is in a different situation and has different needs when contemplating an Arizona bankruptcy filing. Some businesses can complete a pre-packaged bankruptcy filing to move through the process quicker. Only with the recommendation from a skilled […]
There are many parties involved during a bankruptcy filing, including creditors. Your creditors will file and make petitions during the proceedings to make sure they get their fair share of the wealth. While you’re the most important person involved […]
