Posts Tagged ‘filing for chapter 11 bankruptcy in Arizona’

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
Read More »

Chapter 11 Bankruptcy in Arizona is Not Just for Businesses

Monday, June 4th, 2012

Most residents faced with bankruptcy in Arizona are considering filing Chapter 7 bankruptcy or Chapter 13 bankruptcy, perhaps thinking that Chapter 11 bankruptcy is for businesses only. But certain individual circumstances can benefit from Chapter 11 bankruptcy rules. Individuals that have secured debts over $1,081,400 or unsecured debts higher than $360,475 may end up filing
Read More »

What is Chapter 11 Bankruptcy in Arizona?

Wednesday, May 9th, 2012

Chapter 11 bankruptcy in Arizona is for businesses and individuals that have too much debt to qualify for Chapter 13 bankruptcy. It is a reorganization bankruptcy, where businesses or individuals propose a plan to repay creditors while the business remains open and running, assets remain in your control, and you work to achieve a fresh
Read More »