How often can I file bankruptcy in Arizona? In times of excessive debt, people file for bankruptcy. Despite the efforts of the court to teach people about debt through education classes that are required when filing bankruptcy, some people don’t learn. Some people may also be hit with circumstances that are beyond their control, and […]
What is the Bankruptcy Meeting of Creditors in Arizona? During bankruptcy, there are specific procedures that have to be followed. One of these particular steps is the meeting of creditors. You aren’t going to sit around a big table with the head of every company that you owe money to. This meeting is also called […]
What Can You Include in Bankruptcy in Arizona? When filing for bankruptcy in the state of Arizona, it is important to understand what debts can and cannot be considered in proceedings. When filing a Chapter 7 bankruptcy, you would still be required to pay after other debts are discharged. In Chapter 13, the debts can […]
Which Bankruptcy Chapter is Right for Me? Filing bankruptcy is not something to do on a whim. It takes a lot of planning and a lot of legal preparation before proceeding. Once you make the decision to file, which chapter should you file? Before making a final decision, the first step is to take the […]
What is a Proof of Claim and Why Might Creditors File One? When a debtor files for bankruptcy, a creditor might look to file a proof of claim. In Arizona bankruptcy law, a proof of claim is a documenting setting forth that creditor’s rights to funds from the debtor. Without filing such a proof of […]
What is Arizona Law Concerning Receivership and Bankruptcy? When a creditor can see that a business is not making wise financial decisions and it’s hurting that debtor’s ability to pay the creditor, they might seek a receivership. During a receivership, the creditor can take possession temporarily of the property that belongs to them or is […]
How to Avoid Filing Bankruptcy Again? Your life will change profoundly in the aftermath of a bankruptcy… or at least it should, if you want to ensure your financial stability in the future. Some of your pre-bankruptcy habits have probably contributed to the challenges you were facing. Thus, to have a better life without financial […]
Bankruptcy Social Media Concerns Social media have had a profound effect on just about every aspect of life. Stuff published on social media has been used in court proceedings and investigations. Thus, it’s safe to assume that social media publications could affect bankruptcy proceedings. Should you be careful about what you publish on Facebook and […]
Answers to Common Questions about Arizona Bankruptcy Laws If you’re looking into filing for bankruptcy in Arizona, you likely have a host of questions. It’s not a small decision and it’s one that you’ll want to evaluate with outside experts that can help you better understand the impacts of the decision. Arizona law has some […]
How Can Filing for Bankruptcy Help Me? If you are struggling in debt, we know that the thought of bankruptcy has probably crossed your mind. However, many people put off filing because they think they do not want to admit failure to their family and friends. Please understand that bankruptcy is a legal process that […]