Posts Tagged ‘Chapter 7’

Consider the Timing before You File for Bankruptcy in Arizona

Tuesday, May 28th, 2013

When you file for bankruptcy in Arizona, the main objective is to relieve an unreasonable debt burden and get back on your financial feet as quickly as possible. While it can be true that sooner is better than later, that is not always the case. The right timing to file for bankruptcy takes into consideration
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A Tax Refund Can Affect a Chapter 7 Bankruptcy

Tuesday, May 14th, 2013

If you have filed or will file for chapter 7 bankruptcy in Arizona this year, you will want to discuss any tax refund with your bankruptcy attorney. The size of the refund and the timing of the bankruptcy filing should be considered. Radix Law, in Phoenix and Scottsdale, AZ, has experienced bankruptcy attorneys helping clients
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When to Choose Arizona Chapter 11 Bankruptcy

Monday, April 15th, 2013

Businesses and individuals that have too much debt to qualify for Chapter 13 bankruptcy may choose to file Arizona Chapter 11 bankruptcy. Since there is no debt limit with a Chapter 11 case, it may be an alternative when the liabilities are over the debt limits of Chapter 13. Furthermore, some businesses with excessive debt
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Your Credit Score Could Improve After You File for Bankruptcy in Arizona

Thursday, March 14th, 2013

If you file for bankruptcy in Arizona, you can expect your credit score to be lowered. But the extent of the damage might be mitigated by other factors. And many AZ residents find that their score has actually improved within a reasonable period after filing for bankruptcy. Credit Score Damage Before You File for Bankruptcy
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Are Asset Exemptions the Same for All Chapters of Bankruptcy in Arizona?

Thursday, September 27th, 2012

Generally speaking, the limits for homestead and personal asset exemptions during bankruptcy are the same whether you file for Chapter 7 bankruptcy or Chapter 13 bankruptcy in Arizona. These exemptions allow most debtors to maintain a simple household with reasonable transportation and means of work, and you will not be destitute. But remember, in a
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Does Arizona Chapter 7 Bankruptcy Provide for a Lien Strip?

Tuesday, August 28th, 2012

No. Lien strips are not available in Arizona Chapter 7 bankruptcy, and can only be sought with a Chapter 11 bankruptcy or Chapter 13 bankruptcy filings in Arizona. Furthermore, lien stripping is a complicated procedure with many variables and it is important to consult with a knowledgeable bankruptcy attorney. Radix Law in Phoenix and Scottsdale,
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