Some Believe Bankruptcy Laws Exacerbated Housing Market Crisis in Arizona Could laws changing the requirements for filing bankruptcy worsen or even cause the housing crisis we have seen in the United States over the last three years? Some believe so, ... Read full article
What is a Lien strip? A Lien strip is possible only in a Chapter 13 bankruptcy and only if the fair market value of the property is less than the total amount of money due on the first mortgage. In that case a second and third mortgage if any can be ... Read full article
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 ... Read full article
