phoenix bankruptcy attorney

Dealing With a Financial Surprise

05/24/12

There are two typical types of financial setbacks that lead to bankruptcy for most people: a huge surprise, and a slow and steady increase in debt.  If you are on the surprise side of things, as many of us are from time to time, it is important to follow several important steps.  If you just [...]

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T-Boz’s Bankruptcy Case Dismissed

04/03/12

In a high-profile example of the bankruptcy court’s discretion over your bankruptcy case, former TLC member T-Boz, whose real name is Tionne Watkins, was thrown out of bankruptcy court.  Can this happen to you? T-Boz had filed a personal Chapter 13 bankruptcy, claiming more than $750,000 in debts to various creditors.  But instead of granting [...]

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Are the Penalties for Violating the Automatic Stay Too Lenient?

01/30/12

The automatic stay protects consumers who file for bankruptcy One of the greatest advantages available to the debtor who is willing to consider bankruptcy as an option is the automatic stay.  The automatic stay orders creditors to refrain from collection practices immediately once a debtor has filed for bankruptcy.  But we all know that rules [...]

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Bankruptcy Filings Lower in Arizona Than Last Year

11/09/11

Bankruptcy Filings Lower in Tucson, Arizona and Phoenix, Arizona Than Last Year   Arizona bankruptcies have been declining in number for the last 9 months.   Statewide filings fell 23 percent in October of 2011, and overall bankruptcy filings are down 13 percent from 2010 so far this year. Bankruptcy has been filed more than 106,000 [...]

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How Bankruptcy Impacts a Cosigner

08/30/11

How bankruptcies affect cosigners When filing for bankruptcy, it’s important to understand the consequences. Although most of the consequences will fall squarely on you, a bankruptcy could have negative ramifications on your cosigners. Even though it’s always crucial to do what’s financially beneficial, it’s also vital to understand how it will affect your cosigners. Here [...]

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Why Should I File Bankruptcy? A Few Reasons to File for Bankruptcy Protection.

06/22/11

Hands down, the hardest part of filing for bankruptcy protection is actually deciding to file for bankruptcy protection. Filing for bankruptcy protection has long carried with it a social stigma and, as a result, many potential debtors have the preconceved notion that turning to bankruptcy protection is a bad thing. The good news is that the [...]

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