Bankruptcy Attorney ArizonaWhen so much is at stake, it pays to hire bankruptcy attorneys who are experienced and knowledgeable. We frequently help our clients avoid straight bankruptcy with alternatives such a Debt Negotiation where we can reduce the debt for a far lesser amount or Chapter 13 Bankruptcy to reduce the amount and lower the monthly payments you must pay to become debt free.
Additionally, our Phoenix bankruptcy attorneys serve individuals and businesses in proceedings under all Bankruptcy Chapters, including Chapter 7 and Chapter 13. Therefore, our Arizona bankruptcy law team prides itself in the fact that we can provide high-quality bankruptcy service at inexpensive rates for our clients.
At Teague Law Firm we instruct all of our bankruptcy clients to inform their creditors that we are their attorney and to call us. We gladly accept all of our client's debt collection calls and communicate with their creditors until a bankruptcy petition is filed.
Although it may seem intimidating to face legal fees on top of dealing with other financial difficulties, filing for bankruptcy without the assistance of an attorney or other legal counsel can mean that you don't receive the full assistance available to you from a bankruptcy ruling.
If you do have money left over, then you must repay that leftover amount each month in a chapter 13. On the other hand, if you don't have any money left over at the end of the month, then you are eligible for a chapter 7 bankruptcy despite your higher-than-median income.
Bankruptcy allows the individual to either liquidate all their assets and use that money to pay off their debts at a reduced rate or to create a repayment plan that Wright Law Offices, P.L.C. functions over three to five years which enables the individual filing for bankruptcy to regain their financial footing without losing their assets and livelihood.
Most individuals have to give up very little, if any, assets or property when filing a Chapter 7. An experienced bankruptcy attorney will help you determine your options prior to filing a Chapter 7 bankruptcy to protect your assets to the maximum amount allowed under the law and give you a fresh start.
Our Avondale bankruptcy lawyers have several options to offer clients who are in need of debt relief and considering declaring bankruptcy in Arizona. Financial fresh start: Bankruptcy allows you to discharge most of your unsecured debts, so you can start over financially.
Phone Calls from Debt Collectors - Debt collectors are calling you or filing lawsuits against you. Individuals who have a regular income or make more than a certain threshold may only be eligible to file for Chapter 13 bankruptcy. To file bankruptcy in Arizona, you file a voluntary petition with the United States Bankruptcy Court.
Chapter 7: also known as straight bankruptcy or simple bankruptcy; refers to basic liquidation for individuals and businesses. You can discharge most obligations or restructure your debt into more affordable payments while putting a stop to harassing phone calls, letters and legal action by your creditors.
Knowledge of mortgage banking, familiarity with RESPA, FDCPA, GLBA, and federal and state laws related to foreclosure and bankruptcy processes. Our Scottsdale office helps people across Maricopa County and Arizona with their debts and finances. But first, we need to make sure that you understand that this is not a substitute for legal advice from a qualified attorney and that completing this form does not create an attorney-client relationship between you and Zolman Law.