Before you can file for bankruptcy under Chapter 7, you must the income eligibility requirements. One of these requirements is not having too much disposable income. The way to see if you make too much income to use Chapter 7 is the means test. In this post we discuss how the Chapter 7 means...
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Chapter 7 bankruptcy may be what you need to get relief from debts you cannot repay. The fresh start you can get from discharged debts under Chapter 7 can help you get back on your feet financially and give you peace of mind. At the same time, there are some drawbacks, including the fact...
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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...
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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...
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Filing for bankruptcy in Arizona 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...
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