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 […]
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 […]
Can You Discharge DUI Fines in Bankruptcy? Committing a DUI in Arizona can have a whole scope of consequences. The legal ones are obvious but there will also be financial sanctions to deal with in the aftermath of being found guilty of driving under the influence. Depending on the severity of the offense and the […]
Common Bankruptcy Mistakes in Arizona Declaring bankruptcy is sort of like a reset on your personal finances. As part of the process though, Arizona law requires that you be open and honest about your finances and your financial situation. Because of this required openness and honesty, there are some serious no-nos when it comes to […]
When and Why Do People File for Bankruptcy in Arizona? What is bankruptcy? Bankruptcy is a legal process that enables you to request that your debts be reorganized or dissolved. If you’re struggling to repay your many debts, this can be a good option for resetting your finances. Not all debt can be dissolved though. […]
How Can an Economic Recession Lead To Bankruptcy? When you look at the numbers for right now and the previous ten years, you will see a continuous economic uptick. In fact, we are in the midst of the longest economic expansion in the history of the United States. There are two things to keep in […]
Shared Real Property in Bankruptcy: What Happens? Jointly-owned property and individual bankruptcies raise some questions. What would happen to the property? How will the other owner be affected in that situation? The most common case of shared property ownership in Arizona involves husbands and wives. If one of the spouses does a bankruptcy filing, will […]
Why A Bankruptcy 341 Hearing Is No Big Deal There is nothing glamorous about being in financial trouble. We want you to know this – you are not alone. Many people from all walks of life are struggling with their debt load, regardless of their income level. We hear about supposedly “rich and famous” people […]
Bankruptcy Terms Can Be Confusing – Let Us Help If you are in a place in your life where debt is overwhelming your personal and business life, you may need to consider filing for bankruptcy. We know that the thought of filing for bankruptcy can be scary and stressful, but please know that this is […]