Bankruptcy and Wage Garnishment in Arizona 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 […]
Bankruptcy and Job Loss in Arizona 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 important thing is to learn from these mistakes and move […]
What is a Bankruptcy Trustee in Arizona? 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 is a common practice across the United States. Arizona appoints trustees […]
ARIZONA BANKRUPTCY EXEMPTIONS LIST PART TWO: MONEY, BENEFITS, AND PROCEEDS 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 into every possibility when it comes to finding exemptions. This […]
ARIZONA BANKRUPTCY EXEMPTIONS PART ONE: HOMESTEAD AND PERSONAL PROPERTY 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 in Arizona, you relinquish your right to use federal […]
How Your Business Could Qualify for a Prepackaged Bankruptcy 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 Arizona bankruptcy attorney should you choose to file […]
Creditors Rights and Bankruptcy in Arizona 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 in the Arizona bankruptcy filing, creditors have rights under Arizona […]
Can Bankruptcy Stop Tax Liens in Arizona? Owing back taxes can hurt your finances in a very serious way. And the longer that you let those back taxes go, the more severe punishments you can face from the IRS, including jail time. Back taxes could lead you to hire an Arizona bankruptcy attorney as you […]
Student Loan Debt Traps That Lead to Filing Bankruptcy According to statistics, approximately one-sixth of the nation’s adult population has student loan debt. That debt equals about $1.5 trillion in federal student loan debt alone. There is also about $119 billion in private student loans stretching the average American’s daily budget. With those statistics in […]
How to Spot Debt Collection Scams in Arizona If you’re facing bankruptcy and receive calls from debt collectors regularly, it can be easy to fall for debt collection scams. During financial struggles, it seems like everyone wants your money, what little money you actually have. That puts you at more risk for becoming the victim […]