Disclaimer: Nothing contained in this blog or anywhere else on this website is intended as legal advice to be relied on. Every individual's or company's legal needs is unique. The law may apply differently, depending on your situation and what you are trying to accomplish. Always consult with a competent Arizona lawyer.

March 21st, 2011

What is a Medical Power of Attorney?

All Arizona estate planning lawyers will recommend that each of their clients have a medical power of attorney. This is a document that appoints a trustworthy person to make medical care decisions on your behalf. Without a properly drafted medical power of attorney, your life may “hang in the balance” when you are unable to communicate your medical wishes to health care providers.

March 15th, 2011

What is a Living Will?

Every person should have a living will prepared by a competent Arizona estate planning lawyer. When a person is unconscious or unable to communicate and suffering a terminal condition, a living will provides guidance to medical providers whether to perform or cease life sustaining procedures.

March 7th, 2011

What is the Automatic Stay and how does it impact both debtors and creditors in bankruptcy?

Once a person files bankruptcy, an “automatic stay” becomes effective, literally stopping all creditors in their tracks. This includes stopping foreclosures, garnishments and repossessions. However, this may only be temporary. A creditor represented by an Arizona bankruptcy lawyer can file a motion to get permission from the debtor’s bankruptcy judge to proceed with enforcing its rights.

February 28th, 2011

What is a 341 meeting of the creditors?

All debtors must attend a 341 meeting of the creditors about a month after they file bankruptcy. So long as you have retained a qualified Arizona bankruptcy lawyer and provided all of the requested documents to the trustee, the 341 meeting will most likely be a smooth and painless experience.

February 23rd, 2011

The Pros and Cons of Short Sales

There are many myths about the benefits of short sales. The downside of short sales may be much more than the upside because the legal ramifications and adverse consequences could be more severe than opting for a foreclosure. Always consult with an experienced Arizona real estate lawyer, an Arizona foreclosure lawyer or an Arizona bankruptcy lawyer before considering a short sale.

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