When filing for bankruptcy, there are some exemptions which protect property. Other non-exempt property can be taken away and used for debt repayment. These exemptions are enough for most debtors to maintain a simple household with reasonable transportation and means of work, and it is a great relief for most to know that they
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Contact Discreet Bankruptcy for Knowledgeable Representation
Discreet Bankruptcy, a service of the Frutkin Law Firm PLC, assists individuals and businesses throughout Maricopa County, Arizona in bankruptcy procedures. With offices in Phoenix, Chandler and Scottsdale, Discreet Bankruptcy is ideally situated to suit your needs.To schedule an appointment with The Frutkin Law Firm 480-295-3470 or complete our convenient web contact form.
Asset Exemptions for Bankruptcy in Arizona
October 27th, 2011What Does it Mean to have a Lien Stripped?
October 24th, 2011Having a lien stripped in Chapter 13 bankruptcy can amount to a significant difference in the repayment.
Do Married Couples Always have to Declare Joint Bankruptcy?
September 29th, 2011In the United States, debts are the legal responsibility of the person or persons that sign the loan or credit paperwork. Therefore, debt acquired in both names belongs to both parties and one spouse filing for bankruptcy does not relieve the non-filing spouse of the obligation to pay. In any state that also
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What is Straight Bankruptcy?
September 19th, 2011Straight bankruptcy is another term for a Chapter 7 bankruptcy, also known as liquidation bankruptcy or fresh start bankruptcy. The term implies that there are few complications, extenuating circumstances, or special considerations. The individual or married couple files for bankruptcy, the non-exempt assets are liquidated by the court and used to pay creditors,
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