MYTH:  Debt Negotiation Companies Work Better Than Bankruptcy Attorneys This is a myth!  Actually, our Phoenix bankruptcy attorneys have found in several cases that most debt negotiation and debt consolidation companies are nothing more than a scam and not beneficial to the lender.  Additionally we noticed that many of these companies ended up doing nothing more [...]

MYTH:  It's Too Late To File Bankruptcy If You Have Been Sued This is a false statement.  One of the best times to file for bankruptcy is after you have been sued. No matter where in the process of a law suit a creditor may be against you, filing chapter 7 or chapter 13 bankruptcy [...]

How Filing a Chapter 13 Bankruptcy Might Help Those Struggling Financially from Coronavirus Pandemic Chapter 13 Bankruptcy Blog from our Phoenix Bankruptcy Lawyers on March 21, 2020.  Seemingly overnight, coronavirus went from a vague distant threat to an emergency situation in the United States. After observing the virus spread through Asia and Europe, Americans are [...]

Phoenix, Arizona Economy Takes Hit as Coronavirus Spreads On March 16, 2020, experienced bankruptcy lawyer at Phoenix Bankruptcy Attorneys wrote: Wherever you are reading this article --from work or home quarantine, you most definitely aware of the spread of COVID-19 and the attention that the nation is giving to the affects of the virus. Coronavirus [...]

In the past few weeks, panic over the spread of coronavirus has snowballed. Cruise ship passengers are being quarantined, toilet paper is out of stock at retailers due to stockpiling, and major events and organizations are suspending their activities for the time being. The effects of this pandemic have finally seeped into the bankruptcy industry. [...]

Bankruptcy Myth: Married couples will both have to file. This simply isn’t true. If you are married, you still have the option of filing singly. If you accrued most of your debts before you got married, and your spouse doesn’t have much debt on their own, their only involvement in your bankruptcy will be supplying information, [...]

Bankruptcy Myth:  Only the financially irresponsible file for bankruptcy. Some people do file bankruptcy because of financial irresponsibility. If your first question during a bankruptcy consultation is, “How soon can I file again?”, you might be one of those people. However, most of the clients we see are considering bankruptcy because of uncontrollable life circumstances [...]

It’s hard to file for bankruptcy While a bankruptcy petition is a daunting document that can be over 60 pages long, the documents your attorney will need from you to file your petition is much more reasonable. Certain factors, like being married or recently divorced, only receiving social security income, and being involved in a [...]

Divorce is a complicated and most often a difficult experience for couples. It is especially hard when money is involved -- the emotional and financial connection is broken. Couples divorcing or end a relationship will have to decide how to split up anything and everything from furniture, possessions, the dog? and any debt that was [...]

Who is Going to Know About My Bankruptcy? Despite all the successful people who have filed bankruptcy, including Abraham Lincoln and Nicolas Cage, some people considering filing for bankruptcy are embarrassed about their financial situation.  There is still a negative connotation when you hear someone filing for bankruptcy.  It really shouldn't be that way as [...]