What is a Bankruptcy Trustee in Arizona? When you file for bankruptcy, you will be assigned a court-appointed trustee. The trustee is not your representative, but a representative of the government whose job is to make sure that there is no fraud being committed. They are also in charge of reviewing your debt and the […]
Chapter 20 Bankruptcy in Arizona Introduction to Chapter 20 Bankruptcy For many individuals and businesses who file for bankruptcy, Chapter 7 bankruptcy will provide all the relief the individual needs to start fresh financially. In some instances, Chapter 7 bankruptcy is not enough to help the individual or business climb out of debt a�� so […]
Things happen, people move. If you are connected to multiple states or you are planning to move around, you might wonder where you should be filing bankruptcy. You may also have filed for bankruptcy in one state previously and waited the required time period to file another bankruptcy in another state. How do I pick […]
Legal representation is a very important thing to have in a bankruptcy or any other legal process. However, there are times when you can be saddled with a lot of attorney’s fees from your own attorneys or, in the rare case, the opposition’s attorneys. Bankruptcy is supposed to be a form of debt relief that […]
Declaring bankruptcy involves a series of qualifications and disclosures. You have to qualify for declaring bankruptcy under certain chapters of the bankruptcy code. Once you do qualify, you will have to disclose a lot of information to the bankruptcy court. Your income and assets are critical disclosures. Do I have to report all my cash […]
Find out the difference between Chapter 7 versus Chapter 13 bankruptcy from Phoenix bankruptcy lawyer Chris Ariano.
Find out what to do if you have been served with a lawsuit for debt in the state of Arizona from the Phoenix bankruptcy lawyers at Ariano & Reppucci.
Bankruptcy can be a complicated process. Any legal process can become even more convoluted when laws are not uniform or vary from state to state. Luckily most bankruptcy law is uniform and governed by the bankruptcy code. Is my bankruptcy regulated by state or federal laws? Bankruptcy cases are governed by the Federal courts exclusively.1 […]
If your income is far below your debt, you may have decided to submit a Chapter 7 bankruptcy petition. Chapter 7 bankruptcy offers the benefit of discharging your non-exempt debt so you can start fresh. Non-exempt assets are those assets that are a part of the bankruptcy estate. This means that the bankruptcy trustee will […]
Bankruptcy looks like an appealing way to get out of debt because it can offer either a new repayment plan process or it can wipe your qualifying debts clean. However, bankruptcy can be complicated and more expensive than other options. Further, bankruptcy may offer you debt relief, but it comes with long term consequences. For […]