State exemptions may be a major reason to file a case through our Arizona bankruptcy attorneys
Arizona offers a unique set of exemptions and our Arizona bankruptcy attorneys may know how to make them work for their individual clients. To protect your property, they may write a petition that presents your case using as many types of exemptions as possible.
Here are just a few of the exemptions that our Arizona bankruptcy attorneys may use in preparing your case:
Homestead: Your Arizona bankruptcy attorneys should write your petition claiming up to $150,000 in the equity of your home - this includes a mobile home.
Wages: Your Arizona bankruptcy attorneys may help you to claim up to 75 of your weekly disposable earning as exempt.
Automobiles: Your bankruptcy attorneys may write your petition to include an exemption of up to $5,000 for one motor vehicle -- $10,000 if you are physically disabled.
Other Property: You may claim up to $4,000 in the value of household furniture, furnishings and appliances. Up to $500 for clothing.
If you would like to know more, call us toll free, at (877) 349-1309. Or, use our online case evaluation form. All information is kept strictly confidential. One of our experienced legal professionals should contact you at the convenient time you schedule to provide a free, no-obligation consultation.
Visit one of our Arizona bankruptcy attorneys today!
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Chandler
1820 E. Ray Road Chandler, AZ 85225 Map | Directions | Case Evaluation |
Gilbert
1425 S. Highley Road Gilbert, AZ 85296 Map | Directions | Case Evaluation |
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Mesa
935 E Main St Suite 101 Mesa, AZ 85203 Map | Directions | Case Evaluation |
Mesa
3704 E. Southern Ave. Suite 1070 Mesa, AZ 85206 Map | Directions | Case Evaluation |
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Phoenix
3700 N. 24th Street Suite #120 Phoenix, AZ 85016 Map | Directions | Case Evaluation |
Tucson
177 N. Church Ave. Tucson, AZ 85701 Map | Directions | Case Evaluation |
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Bankruptcy laws may limit your case options
Under a Chapter 13, also known as a reorganization proceeding, a debtor may file a petition to consolidate their debts and with the court devises a payment plan over a period of three to five years. A Chapter 13 is designed for debtors with regular incomes who want to pay their debts but are currently unable to do so. The purpose of Chapter 13 is to enable financially distressed consumers, under court supervision and protection, to propose and carry out a repayment plan under which their creditors are paid over an extended period of time. Any individual, even if self-employed or operating an unincorporated business, may be eligible for this type of relief. However, a debtor may not file under Chapter 13 or any other chapter if, during the preceding 180 days, a prior petition was dismissed due to the debtor's willful failure to appear before the court or comply with orders of the court or was voluntarily dismissed after creditors sought relief from the court to recover property upon which they hold liens.
It is much easier to dismiss your case or to convert a Chapter 7 case to a Chapter 13 case. There are also two education requirements that debtors must pass before they are permitted to emerge from either Chapter 7 or Chapter 13. Lawyers and even debtors may be liable for sanctions for a dismissed or converted case.
If you file a case under Chapter 7, and it is dismissed, not only will you not be eligible to file, you or your lawyers may even have to pay a significant amount of expenses and lawyers' fees.
Click Here For a Free Bankruptcy Evaluation
The purpose of this web site is to help you learn everything you need to know about bankruptcy, the process, your bankruptcy attorney and your legal rights. The best place to start is with the U.S. Bankruptcy Code. It delivers protection to people in financial jeopardy who are suffering under mountains of debt. Bankruptcy is your legal right.