What Are the Differences between Chapter 7 and Chapter 13 Bankruptcy? If you are facing financial difficulties, you might want to consider filing bankruptcy protection. For individuals and couples, there are two common kinds of bankruptcy that are filed. Which kind you should file is dependent on your circumstances and your assets. A Chapter 7 […]
What is the Best Effort Requirement in Chapter 13 Bankruptcy? Chapter 13 bankruptcy makes a lot of sense for Arizona families that are experiencing debt and financial burden. If you are considering this chapter, you will need to acquaint yourself with the requirements. The best effort requirement in Chapter 13 bankruptcy is one of the […]
Can You Switch between Chapter 7 and Chapter 13 Bankruptcy? Imagine the following scenario – you are in the middle of bankruptcy filing when you get a better attorney who has a new suggestion for you. Is it possible to switch from one bankruptcy chapter to another in the middle of the process? There are good […]
How Long After Chapter 7 Bankruptcy Can You File Chapter 13? Chapter 7 bankruptcy filing is a tool you can use to discharge some of your debt and experience financial stabilization. What happens, however, if you fail accomplishing your financial goals through it? Can you file bankruptcy again? A person who has received a discharge via […]
What is Chapter 13 Bankruptcy Hardship Discharge? One thing you have to understand before filing for Chapter 13 bankruptcy is that you will be accepting a long-term commitment aimed at paying off debt and stabilizing your financial situation. Some debt restructuring and reduction will take place but you will still have to agree to a […]
Reasons to File for Chapter 13 Bankruptcy in Arizona Arizona Chapter 13 bankruptcy comes with well-defined requirements. A debtor will have to come up with a repayment plan that will allow them to pay at least some amount to creditors in the coming three to five years. If a person is capable of sticking with […]