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 […]
The Difference between Secured and Unsecured Debt When considering a bankruptcy filing, you will have to understand the difference between secured and unsecured loans. Under Arizona debt regulations, these two varieties are treated separately. Debt is not created equal and it will determine whether bankruptcy is the right option for you. Let’s see the difference […]