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Giving to charities and religious institutions is an important part of many people’s lives. Giving is an important spiritual component in many religions and plays an important role in funding a variety of important social projects. It is important to know that Congress has recognized the importance of such charitable donations and has allowed persons […]
Any individual or business residing, domiciled, or owning property or a place of business within the United States may file for bankruptcy. Meeting any one of these criteria is sufficient; there is no requirement of citizenship, or even insolvency, to file bankruptcy. In some cases a trustee may be able to file on behalf of […]
It depends. In some cases, immediate filing may be in your best interest to avoid losing property. In many other cases, you may be better off waiting to file so that you ensure that you are able to come out of your bankruptcy with a fresh start, or to ensure you do not lose a […]
Probably not. The Arizona bankruptcy laws state that up to $5475 used to purchase a tuition credit or certificate or contributed to an account in accordance with section 529 of the Internal Revenue code is not part of the bankruptcy estate so long as the money was contributed more than one year before the bankruptcy […]
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.
Discharge – A successful filing will result in you receiving a “discharge”. The discharge relieves your legal obligation to pay credit card debt, medical debt, pay day loans, lines of credit, old tax debts, most lawsuit judgments and some others. It is the discharge which really allows you to get a fresh start after bankruptcy. […]
The short answer is yes. However, you should not postpone or be nervous about filing bankruptcy because of the classes. They are short, not graded and can be taken online or over the phone. There are two mandatory bankruptcy classes. You must take one before filing your class known as the debtor education class. At our […]
It is important to remember that no person has the exact same situation, which can cause differences for each individual case and it is extremely important to consult an expert when you are making any decisions about your bankruptcy. Many times, although it may seem that there is only one way of doing this, an […]
Welcome to the blog for the Arizona Law Group of Trezza and Associates. We have been serving the Arizona community since 1992. We specialize in Chapter 7 and Chapter 13 bankruptcy in Arizona. Our goal is to provide hope and relief from debt to our clients, whether or not the solution is bankruptcy we do […]