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ATTENDING THE BANKRUPTCY HEARING

  ATTENDING THE BANKRUPTCY HEARING Everyone who files bankruptcy must attend at least one Section 341(a) hearing. This hearing is commonly called the “Meeting of Creditors.” At this hearing, a bankruptcy trustee will ask everyone who has filed bankruptcy questions […]

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PROP 209, HOW CAN IT HELP YOU FILE BANKRUPTCY?

What is Prop 209? Proposition 209 was recently overwhelmingly approved by Arizona voters over the most recent election in November 2022 with more than 70 percent of the voters’ approval rating. This Proposition was touted by the media as a […]

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NOT SURE ABOUT FILING BANKRUPTCY–WHAT ARE THE ALTERNATIVES?

Bankruptcy may not be for everyone. There are risks involved such as losing your money or property, bankruptcy stays on your credit report for up to ten years for chapter 7 or seven years for chapter 13, you will have […]

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WHAT ARE MY OPTIONS FOR KEEPING MY CAR IN CHAPTER 7 BANKRUPTCY

For most bankruptcy filers, keeping a car is one of the most important concerns when considering chapter 7. Let’s look at the options you have to keep your car. First, it is highly recommended that you are current on the […]

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IS RISING INFLATION LEADING TO MORE BANKRUPTCIES

What’s Causing Inflation? The federal government continues to rise interest rates. The Feds use interest rates as a tool to combat inflation. Rising interest rates means less inflation, hopefully. However, rising inflation also leads to recession. There are many reasons […]

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EVICTIONS AND BANKRUPTCY – POST COVID (Part 2)

EVICTIONS AND BANKRUPTCY – POST COVID (Part 2)   How Can Bankruptcy Help Filing a chapter 7 bankruptcy may only be a temporary stop to an eviction. By filing any chapter of bankruptcy, an Automatic Stay will take effect immediately […]

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BANKRUPTCY AND STUDENT DEBT RELIEF – Part 2

BANKRUPTCY AND STUDENT DEBT RELIEF – Part 2 This is the second installment of my article on new guidelines for dealing with student loans Can I Discharge Student Loan Debt in Bankruptcy? The short answer here is yes, but it’s […]

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BANKRUPTCY AND STUDENT DEBT RELIEF – Part 1

BANKRUPTCY AND STUDENT DEBT RELIEF Recent Updates in the Law Recently, the Biden Administration passed a sweeping referendum allowing some students to apply for student loan debt relief. The provisions include the Department of Education will provide relief to Pell […]

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EVICTIONS AND BANKRUPTCY – Part 1

What Is the Eviction Process According to AZFamily.com (https://www.azfamily.com/2022/10/18/eviction-fillings-hit-13-year-high-across-maricopa-county-assistance-still-available/) eviction filings in Maricopa County have hit a thirteen year high with eviction filings of more than 6600 in September 2022 alone, which is the most evictions since 2008. So, what […]

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THE CHAPTER 7 MEANS TEST – DO I QUALIFY FOR BANKRUPTCY: Part 2

WHAT SOURCES OF INCOME ARE USED TO CALCULATE THE MEANS TEST? The U.S Bankruptcy Code requires that all sources of income be disclosed on the Means Test. That means any income from any source must be disclosed. However, there are […]

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