Posts Tagged ‘Phoenix’

Retirement, Debt, and Bankruptcy in Arizona

Wednesday, February 13th, 2013

Sometimes the older generations find it hardest to file for bankruptcy in Arizona. Though it is not easy for anyone, it seems especially difficult for this demographic. Many will go to unreasonable lengths to avoid AZ bankruptcy, even to the point of using their retirement savings to pay debts such as underwater mortgages, medical bills,
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Arizona Bankruptcy is for when Bad Things Happen to Good People

Friday, November 30th, 2012

The reality of Arizona bankruptcy is that most people never intended to end up there – even fought as long as possible to avoid it. But in the last several years there has been a perfect storm of falling home values, unemployment or under-employment, and rising costs of everything from medicine to food to gas.
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The Student Loan Crisis is as Bad in Arizona as Everywhere Else

Wednesday, November 14th, 2012

The Student Loan Crisis is as Bad in Arizona as Everywhere Else Almost any Arizona bankruptcy lawyer has seen the serious debt crisis brought on by student loans. One notable result of the recent economic recession has been bankruptcy filings that include student loan debt accrued by young people entering college, parents assisting their children
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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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Are Your Arizona Wages Garnished?

Tuesday, September 11th, 2012

Filing for bankruptcy in Arizona creates a legal injunction known as the automatic stay. This automatic stay immediately stops all creditors’ attempts to collect a debt during your bankruptcy case. The automatic stay can stop a wage garnishment or keep one from starting. It is important to consult with an experienced Arizona bankruptcy lawyer as
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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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