When filing a tucson bankruptcy for the second time there are certain laws and limitations you must follow, click here to see them. Stephen Trezza

Reaffirming credit card debt is almost NEVER a good idea, even the credit cards from a department store (like Best Buy which might give Best Buy a security interest in the purchased merchandise.) Creditors will offer reaffirmation agreements which will allow you to use the card after bankruptcy, however the credit limit will be low […]

Pleased to announce the re-birth and foundation of the Tucson Association of Consumer Bankruptcy Attorneys. We are back in business and had our first monthly meeting. I am very excited to be part of the process of connecting the tucson bankruptcy attorneys around the Tucson area. Luckily, we also get CLE for this association. We […]

I get this question often. Remember your motivation for filing bankruptcy in Arizona includes your desire for a fresh start. The mechanism by which you are granted a fresh start is called a “discharge order”. So the question really is what are the chances that I will not receive a discharge? The answer is that […]

When you file bankruptcy everything that you own is included in a legal fiction called a “bankruptcy estate”. A bankruptcy estate is a concept, nothing is actually physically transferred to the bankruptcy estate when the case is filed but everything you own is considered to be in the bankruptcy estate for the trustee to administer. […]

Usually, as long as your parents do not pass away 180 days past the date of filing, none of the trust’s assets are at risk in the bankruptcy. To read more about this issue click here. Or consult a Tucson Bankruptcy Attorney.  

If you file for protection with a Tucson Bankruptcy Attorney then you must attend a 341 hearing, which is also known as a meeting of creditors. This hearing serves many purposes including giving your creditors an opportunity to question you about your financial affairs. However, it is very rare that any creditors actually appear at […]

What About My Tax Refund? Planning around a tax refund is sometimes the most important part of a tucson chapter 7 bankruptcy. Every time you receive a paycheck your employer withholds money that is sent to the government as payment of income taxes. Most employees overpay the government every year that is one reason they […]

When a house is lost to foreclosure 99% of the time, the mechanism to complete is the process is called a “trustee sale”. If your house goes through a trustee sale, than you have a chance to be protected by the anti-deficiency law in Arizona. The law states in part: “If trust property [the home] […]

The answer is not completely simple. It is a matter of public record, however nobody will be notified unless you owe them money or you have received a garnishment through your employer. Your creditors will all be notified, as well as your landlord. Most other people in your life will not be notified unless you […]