(602) 900-9506

bankruptcy

­

How is the Chapter 13 Plan Calculated?

How is the Chapter 13 plan calculated?

Chapter 13 bankruptcies allow for the restructuring of your Arizona debt. The trustee will appoint a repayment plan that covers a period of anywhere between three and five years. Upon the completion of the plan, the remaining debt will be discharged. How exactly is the Chapter 13 plan calculated? […]

How Soon Can You Buy a House After Bankruptcy?

How Soon Can You Buy a House after Bankruptcy

Going back to normal life after your bankruptcy will take some time. Financial worries and considerations about the aftermath of the discharge could keep you from doing the things youa��ve been dreaming about.A�Getting a new house a�� is that a good idea? How long should you wait […]

Getting a Credit Card After Bankruptcy

Getting a Credit Card after Bankruptcy

The period following your bankruptcy discharge will be characterized by attempts to get back to your feet. Since youa��ve just had your debt discharged, youa��re probably reluctant to accumulate some new one. Getting a new credit card after bankruptcy isna��t necessarily the smartest thing to do but it may be […]

What is the Pre-Bankruptcy Filing Credit Counseling?

What is the Pre-Bankruptcy Filing Credit Counseling?

In order to file bankruptcy, you have to meet certain requirements. The completion of pre-bankruptcy filing credit counseling courses is one of these prerequisites. Not only is the counseling mandatory for people who are looking into bankruptcy, it could also provide useful information and financial management skills for the […]

Is Debt Discharged in Bankruptcy Taxable?

Is Debt Discharged in Bankruptcy Taxable?

A bankruptcy discharge is definitely sought after but many people are unaware of all its implications. Taxation issues are the ones that seem to raise the most concern. One very common question is whether taxes are owed on debt discharged in bankruptcy.

The Short Answer

The short answer to the question is […]

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, so […]

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 Classify as […]

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 of […]

Arizona Bankruptcies and Credit Card Debt

Arizona Bankruptcies and Credit Card Debt

Credit card debt is a common reason for people to pursue bankruptcy. According to a 2017 report by WalletHub, Americans have accumulated more than one trillion dollars in credit card debt. The individual US family owes an average of 8,377 dollars a�� an increase of six percent on an annual […]

What will Happen to Your Car in an Arizona Bankruptcy?

What will Happen to Your Car in an Arizona Bankruptcy?

One of the biggest concerns that people have when filing for bankruptcy is whether theya��ll get to keep important personal belongings. The car is one of those. Ita��s certainly important to understand all aspects of an Arizona bankruptcy before filing. You will be entitled to some […]

Here’s What Our Clients Have To Say!

Contact Us

Please prove you are human by selecting the Heart.
Facebook
Twitter
LinkedIn
Follow by Email