In times of excessive debt, people file for bankruptcy. Despite the efforts of the court to teach people about debt through education classes that are required when filing bankruptcy, some people don’t learn. Some people […]
During bankruptcy, there are specific procedures that have to be followed. One of these particular steps is the meeting of creditors. You aren’t going to sit around a big table with the head […]
When filing for bankruptcy in the state of Arizona, it is important to understand what debts can and cannot be considered in proceedings. When filing a Chapter 7 bankruptcy, you would still be required to […]
Filing bankruptcy is not something to do on a whim. It takes a lot of planning and a lot of legal preparation before proceeding. Once you make the decision to file, which chapter should you […]
After you file for bankruptcy in Arizona, your friends and family might have lots of questions for you. Some might come from a place of caring and love, but other questions might be insensitive and annoying. It’s tough […]
When a debtor files for bankruptcy, a creditor might look to file a proof of claim. In Arizona bankruptcy law, a proof of claim is a documenting setting forth that creditor’s rights to funds from the […]
When a creditor can see that a business is not making wise financial decisions and it’s hurting that debtor’s ability to pay the creditor, they might seek a receivership. During a receivership, the creditor can take possession temporarily […]
The 341 meeting of creditors is a chance for the trustee handling your bankruptcy case to meet you and ask you questions. While your creditors are invited, it’s rare for any to come. And although the 341 […]
After filing for bankruptcy, you’re likely eager to rebuild your credit and get back to life as normal. It does take time though to rebuild your credit and qualify for a new mortgage. Individuals who […]
Student loan debt can put a young person’s finances on rocky ground from the start. Many statistics show that each $1,000 in student loans makes it less likely that the person will be able to repay the debt. […]
