As a lawyer with many cases in Phoenix and Mesa, Arizona and throughout the state, I often encounter family law cases in which a bankruptcy has been or will be filed. Both parties need to understand what will happen with
It is not illegal to gamble. You are certainly within your rights to gamble. However, we have been involved in a few cases in which the issue of funds gambled away immediately before filing for bankruptcy has been brought up.
Borders Group, Inc., owners of the popular Borders bookstores recently filed for Chapter 11 bankruptcy protection. You may be thinking, good for them, but I am going to be filing Chapter 7 or Chapter 13. The reality for many of
Will I ever be able to buy a house again? That’s a common question clients ask when faced with a foreclosure or bankruptcy, or both. Fortunately, the answer is yes, but . . . Depending on the circumstances and type
Sticking with our recent theme in blog entries, we decide to touch on reaffirmation agreements this week. Debtors who file a Chapter 7 bankruptcy in Arizona, and owe money on their house or car, are virtually certain to run across
A recent US Supreme Court Ruling in the Ransom case, showed that 8 of our 9 Supreme Court Judges lack the common financial sense to reward good financial planning through our bankruptcy laws. Specifically, the United States Supreme Court has
When it comes time to consider filing bankruptcy, clients are always concerned about whether they will lose their property. The answer depends on the type of bankruptcy they file, and the type of property they have. Under the bankruptcy code,
Debt Limits for Chapter 13 Bankruptcy Recently Increased More and more we are seeing clients who make too much money to qualify for a Chapter 7 bankruptcy as a result of the “means test“. (You can read more about the
National Expert Predicts Rising Bankruptcy in 2011 and 2012 With the signing of the Financial Services Regulation Overhaul legislation, the Obama Administration will be turning its attention to its feeble job creation performance. Dr. Robert D. Manning, the nation’s leading
Who pays capital gain taxes relating to the sale of appreciated property sold to pay creditors in a Chapter 13 bankruptcy? Often debtors facing financial crisis have the ability to pay all or a large portion of their debts. Yet,
Our experienced attorneys provide an array of legal services across several practices.
We’ve helped thousands of people find solutions to problems. We’d love to help you too.
