Take control of your finances. Call us. (520) 327-4800
Chapter 13 bankruptcy in Arizona is a long-term commitment. For those who successfully complete the process of the three-to-five year plan, a discharge of remaining debt awaits, as well as the peace of mind of having paid off a chunk of their secured, non-dischargeable debt while keeping any asset they really wanted to keep. But […]
A Chapter 13 plan often sounds like a great idea at the time you file for bankruptcy. But three to five years is a long time, and it is not uncommon for people to lose their jobs or face other financial hardships during that time. If you lose your job during the course of your […]
You have been served with a complaint. Whether that lawsuit stems from a car accident or contractual breach, you may automatically wonder what the result may be. Could you lose everything you own? It is good to know that bankruptcy can be a solution in some cases. When can bankruptcy help, and at what point […]
What is a Cram down? Cram down is only available in chapter 13 bankruptcy and is a way to reduce the total amount you will pay to obtain a free and clear title to your vehicle. If you purchased your vehicle more than 90 days prior to filing for bankruptcy protection and the fair market […]
When you file for Chapter 13 bankruptcy, you prepare a plan to repay your debts as much as you can. At the end of the plan, you will be able to wipe clean many debts that you were not able to pay off. By law, the plan must be 3 years long, unless you make […]
If you file for Chapter 7 bankruptcy, you need to pass a “means test” in order for your case not to be converted to Chapter 13. The idea behind the test is that many debtors used to abuse the bankruptcy system by filing for Chapter 7 bankruptcy and wiping clean their debts when they could […]
Reports estimate that there are somewhere between 7 and 20 million illegal immigrants in the United States. Many have come to the U.S. seeking work, and are often suffering financial hardships. Many would like to seek the relief that bankruptcy can provide. This leads many to ask: can an illegal immigrant file for bankruptcy, or […]
Filing for Bankruptcy may seem like a complex process. The average person probably knows very little about bankruptcy. But the process doesn’t have to be scary. There are certified Arizona Bankruptcy Attorneys who can help you through this process. However, whether you are thinking about filing for bankruptcy or are in the process of filing […]
No. Although outside of bankruptcy you can be taxed on the amount of debt that one of your creditor’s discharges for you, inside of bankruptcy the IRS does not consider your discharge of debt as income. But wait a minute! You may be thinking: How can a discharge of debt be considered income? Well, the […]
In order to get a discharge of your debts, a Chapter 13 debtor must complete their plan by paying a certain amount of money each month for the length of the plan. But what happens if you are unable to pay the monthly payment required by your plan? Sometimes it is possible to modify the […]