How Many Times Can I File Bankruptcy?
Amendments to the Bankruptcy Code in 2005 limit the number of bankruptcies a person can file. You must consult with an Arizona bankruptcy lawyer to determine whether you are eligible to file again.
Bankruptcy and Divorce Part II: You May Still Be Liable to Your Ex For Debt Payments
When you file bankruptcy, you receive a discharge. Your creditors can no longer come after you. But your ex-spouse may come after you if the creditors now collect from him. An Arizona bankruptcy lawyer will advise that you can also discharge some of your divorce decree obligations to your ex if you file the correct bankruptcy under Chapter 13.
“In re Cramner”: Paying Social Security to a Chapter 13 Trustee
In re Cramner is a new case suggesting that Social Security income does not have to be paid as part of a Chapter 13 plan. An Arizona bankruptcy lawyer can determine whether a debtor who receives Social Security will have to pay some of it to a Chapter 13 trustee.
Using Chapter 13 to Come Current With Mortgage Payments
Unlike a Chapter 7, a Chapter 13 provides the mechanism for a debtor to come current with overdue mortgage payments. But beware! If you lack regular monthly income and you refuse to curb your expenses, a competent Arizona bankruptcy lawyer will advise that Chapter 13 may end up being a waste of time and money.
Help Me Help You! The Seven Steps to Prepare for Bankruptcy
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.