Debtors commonly explore their options with a debt settlement company before consulting with an Arizona bankruptcy lawyer. Most debtors get discouraged with the entire debt settlement process. In most circumstances, choosing to file a Chapter 7 or Chapter 13 bankruptcy is a more efficient and better option.

Any competent Arizona real estate lawyer, Arizona foreclosure lawyer or Arizona bankruptcy lawyer will agree that the Arizona anti-deficiency statute is one of the most important Arizona laws protecting borrowers with loans secured by a residence. This statute will prevent many mortgage lenders from suing debtors for any deficiency amount after a foreclosure occurs. In a surprise ruling, a recent Arizona Court of Appeals case has extended the Arizona anti-deficiency statute to construction loans.

Thinking about charging up your credit cards to buy Christmas presents? Planning to hire an Arizona bankruptcy lawyer to file your Chapter 7 bankruptcy or Chapter 13 bankruptcy in the near future to discharge such debts? Think again.

Chapter 7 bankruptcy and Chapter 13 bankruptcy are significant life events. Don’t wait until the last minute before contacting an Arizona bankruptcy lawyer to learn about your options. There are many steps to help you prepare for the process. My goal is to make your bankruptcy as smooth as possible so long as you do the necessary work prior to filing bankruptcy.

So you want to file Chapter 7 or Chapter 13 bankruptcy, but you can’t afford an Arizona bankruptcy lawyer. If you do it by yourself, you will undoubtedly make very costly mistakes. Bankruptcy can cost anywhere from $1,200 – $4,000, depending on the complexities of your case. Don’t be cheap with your bankruptcy!