When Arizona bankruptcy lawyers meet with clients contemplating bankruptcy, they explain the entire bankruptcy process. They’ll let you know what the general requirements are for a Chapter 7 bankruptcy. Here, we’ll discuss some of the reasons the court may deny your bankruptcy petition.
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 […]
Making the decision to file for bankruptcy is a difficult decision and one that no one takes lightly. To help you in making the right decision, we’ll take an in-depth look at Arizona law around bankruptcy and the many […]
Among the different types of bankruptcies, Chapter 7 proceedings, commonly known as a�?liquidation,a�? are the most common. Chapter 7 is a federal court process where most debt will be discharged and any unexempt assets will be sold for the benefit of your creditors. It is an opportunity for debtors who are badly in debt to […]
