Involuntary Bankruptcy in Arizona: What is it? When going through financial hardships, you are given multiple options to choose among in order to address the situation. Bankruptcy is one of these options and you can pick it at your own free will. There are circumstances, however, in which the bankruptcy is not voluntary. Forced or […]
Discharging Medical Bills via a Bankruptcy in Arizona Dealing with illness in the family will be emotionally, physically and financially draining. Anyone who has had to address medical bills over a longer period of time knows that they could accumulate to a massive amount. If you’re in a situation that has you facing the burden of […]
Ways in Which an Arizona Bankruptcy will Affect Your Credit Score Your future depends on the decisions that you make today. Filing for bankruptcy is obviously a major move that will have a profound impact on your financial well-being in the years to come. Questions about the way in which an Arizona bankruptcy will affect […]
Bankruptcy and Taxation Issues in Arizona A failure to pay taxes could get you in trouble with the IRS but what’s the situation like when you have filed for bankruptcy? Are you entitled to any kind of tax exemption in this situation? The answer depends on the specific circumstances. Some Arizona residents may be capable […]
Lien Stripping in Bankruptcy Introduction to Lien Stripping in Bankruptcy Lien stripping can be an important tool for individuals going through Chapter 13 bankruptcy who are upside down on their mortgages. Lien stripping in bankruptcy is a way for individuals to get rid of their junior liens on their homes, such as second or even […]
Creditor Rights During a Bankruptcy Proceeding Introduction to Creditor Rights During a Bankruptcy Proceeding The ability to file for bankruptcy in the United States is a protected constitutional right. The creditor rights during filing for bankruptcy is protected under Article 1, Section 8, Clause 4 of the United States Constitution.i Bankruptcy laws are governed under federal […]
Introduction to The Benefits of an Attorney for Bankruptcy The American legal system is a complicated process, but it is not impossible to understand. Attorneys spend years in school learning about how the legal system works for both criminal and civil cases. The schooling requirements for attorneys is so extensive because attorneys are expected to have […]