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 […]
Motion to Lift the Automatic Stay: What is it? After you do your bankruptcy filing in Arizona, an automatic stay will become effective. This stay prevents debt collection efforts and attempts on behalf of creditors to contact you. The stay, however, is not an absolute. Creditors can ask for its removal under certain conditions. Let […]
Arizona Laws on Creditor Harassment during Bankruptcy Proceedings As a general rule of thumb, debt collectors cannot come in contact with debtors once these individuals complete the bankruptcy filing. Regardless of the legal provisions in Arizona, however, some debtors still experience problems and even harassment on behalf of the creditors. You’re entitled to certain protections […]
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 […]