Chapter 7 Petition Lawyer

Our experienced Phoenix, Tucson, and Casa Grande bankruptcy lawyers can prepare and file your Arizona chapter 7 bankruptcy petition with the US District Court of Arizona.

Chapter 13 Petition Lawyer:

Our Phoenix, Casa Grande, and Tucson lawyers can prepare and file your Arizona chapter 13 petition with the US District Court of Arizona, keeping your chapter 13 plan payment affordable.

Chapter 13 Bankruptcy Lawyer:

Our Tucson, Phoenix, and Casa Grande bankruptcy lawyers can help guide you through your chapter 11 bankruptcy filing. Call today for help with your Phoenix chapter 11 bankruptcy from a qualified BK attorney.

Chapter 7 Bankruptcy

People accrue debt for many reasons, be it, medical bills, unemployment, marital problems, or bad luck despite the different reasons people accumulate debt chapter seven bankruptcy offers each situation the same result…a “fresh start.”

Chapter 7 Bankruptcy is the most basic form of bankruptcy in which a debtor has an opportunity to discharge most of his or her consumer debt using certain non-exempt property to pay off creditors. Chapter 7 Bankruptcy is an opportunity for a debtor to achieve a financial “fresh start” as individual debtors receive a discharge in more than 99 percent of their chapter 7 cases.

A Chapter 7 Bankruptcy is a liquidation proceeding. A person going through Chapter 7 turns over all non-exempt property to a bankruptcy trustee who uses that property to pay off the debtor’s creditors and in turn most or all of the debtor’s debt liability is discharged.

To learn more about chapter 7 bankruptcy. Click here.

Chapter 13 Bankruptcy

People accrue debt for many reasons, be it, medical bills, unemployment, marital problems, or just plain bad luck. Despite the different reasons people accumulate debt Chapter 13 Bankruptcy offers a person a scheduled plan to help rework and organize their debt into a manageable and workable situation.

A chapter 13 bankruptcy enables individuals with a regular income to develop a plan to repay all or part of their debts. This is different than Chapter 7 which allows a lower income individual to discharge their debt at the price of liquidating most of their assets. Under this chapter, debtors propose a repayment plan to make installments to creditors over three to five years and are able to retain more assets than if they were in a Chapter 7 Bankruptcy.

If the debtor’s current monthly income is less than the applicable Arizona median, the plan will be for three years unless the court approves a longer period. If the debtor’s current monthly income is greater than the applicable state median, the plan generally must be for five years. In no case may a plan provide for payments over a period longer than five years.

To learn more about chapter 13 bankruptcy. Click here.