Arizona Archives - My AZ Legal Team - Phoenix Bankruptcy Lawyer

June 13, 2018
By joshjacoby
bankruptcy
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How Many Times Can You File Bankruptcy in Arizona?

How Many Times Can You File Bankruptcy? Is there a limit to the number of times you could do a bankruptcy filing in Arizona? Economic and financial difficulties could arise multiple times, necessitating adequate measures. Often, bankruptcy will be the only way to deal with unsurmountable debt. So, how many times can you file bankruptcy? […]

Can Non-US Citizens File Bankruptcy in Arizona?

Can Non-US Citizens File Bankruptcy in Arizona? Legal residents of the US who are not citizens yet have many questions about the laws that apply to them, their rights and obligations. Dealing with financial problems when you’re not a citizen yet will be both confusing and nerve-racking. You will be considering the possible solutions and […]

What Happens to Cosigners in Bankruptcy?

What Happens to Cosigners in Bankruptcy? Getting loans when your finances arena��t in perfect order can be challenging. This is why various financial institutions ask for a cosigner. Cosigners are usually individuals that have solid finances because they are the ones who will be responsible for the loan whenever the debtor cannot make payments.A�So far, […]

January 28, 2018
By joshjacoby
bankruptcy, bankruptcy consequences, fraud
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The Repercussions of Committing Bankruptcy Fraud in Arizona

The Repercussions of Committing Bankruptcy Fraud in Arizona Bankruptcy filings in Arizona come with certain responsibilities for the debtor. Any attempt to a�?cheat the systema�? could potentially result in bankruptcy fraud charges. Just like all other states, Arizona has specific sanctions for the individuals who knowingly or unknowingly commit bankruptcy fraud in Arizona. Activities that […]

January 20, 2018
By joshjacoby
bankruptcy
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What Happens If You Fail the Bankruptcy Means Test?

What Happens If You Fail the Bankruptcy Means Test? The means test is an important preliminary step that anyone interested in a Chapter 7 bankruptcy will have to pass through. Chapter 7 bankruptcy is only going to be granted to individuals that have an income below the median income for the state.A�As of the end […]

November 8, 2017
By joshjacoby
bankruptcy
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Transferring Property Prior to Arizona Bankruptcy

Transferring Property Prior to Arizona Bankruptcy: Is This a Good Idea? When filing for bankruptcy, you may have to surrender certain assets and valuables. As a result, youa��re probably considering the transfer or a�?salea�? of such items to someone you know. Eventually, you will regain possession after the bankruptcy. Is suchA�transferring property prior to Arizona […]

October 13, 2017
By joshjacoby
bankruptcy
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Most Important Arizona Bankruptcy Exemptions

The Most Important Arizona Bankruptcy Exemptions Bankruptcy exemptions in Arizona play a role in both Chapter 7 and Chapter 13 bankruptcy. Through these exemptions, you can protect some of your property because a debtor will be free from having to turn said property to a bankruptcy trustee. Let us see what are the most important […]