From the day your bankruptcy lawyer files your petition with the U.S. Bankruptcy Court for the District of Arizona to the day the bankruptcy court judge signs your discharge order, the Chapter 7 bankruptcy process takes around four months. It can take longer in some situations, but a Chapter 7 bankruptcy timeline will seldom...
Read More Under the United States Bankruptcy Code, no limit exists on how many times you can declare bankruptcy under Chapter 7. You are, however, subject to time restrictions on how soon you can file for Chapter 7 after you have filed for a prior Chapter 7 or Chapter 13 bankruptcy. In this post, we consider...
Read More Filing for bankruptcy is relatively inexpensive. It currently costs $338 to file for Chapter 7 bankruptcy and $313 to file for Chapter 13. However, filing for bankruptcy is difficult and time-consuming, so having a bankruptcy attorney is extremely important. Plus, paying attorney fees is only a fraction of the cost of paying off all...
Read More Bankruptcy is not an application process and is purely objective, meaning you do not need to have a minimum threshold of debt or a “valid” reason to file. However, there are some reasons why you may not be able to file for a specific chapter. For example, you may not pass the means test...
Read More Redemption is a process available in Chapter 7 bankruptcy that allows you to regain control over important property. In this article, we’ll look at how redemption works and its implications for your financial future. To learn more about redemption in bankruptcy, call Stone Rose Law at (480) 739-2448 to speak with an Arizona bankruptcy...
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