Bankruptcy Lawyers Arizona
Our attorneys' experience includes a full range of representation in all aspects of commercial bankruptcy, restructuring, and creditors' rights. At Teague Law Firm we instruct all of our bankruptcy clients Phoenix Bankruptcy Attorney to inform their creditors that we are their attorney and to call us. We gladly accept all of our client's debt collection calls and communicate with their creditors until a bankruptcy petition is filed.
If you want to learn more about the differences, you should read our post about why someone would file chapter 13 even when they are eligible for chapter 7. However, if your income is too high (i.e., you are over the median income) you may be ineligible for chapter 7 and must file a chapter 13 and repay some of your debts.
She not only knows her stuff (I'd hate to go up against her in a courtroom), but she is always there, always kept us informed, and guided us through those years with skill, support, and her knowing the ropes with navigating the sometimes craziness of dealing with a Chapter 13. Elizabeth and her firm are the ONLY attorneys I recommend after losing money to a supposed lawyer prior.
Bankruptcy allows the individual to either liquidate all their assets and use that money to pay off their debts at a reduced rate or to create a repayment plan that functions over three to five years which enables the individual filing for bankruptcy to regain their financial footing without losing their assets and livelihood.
Under " Resources ", you will find sites that provide an abundance of information to not only many commonly asked questions, but some you've probably never thought of. Under " Bankruptcy Overview ", a general summary is provided on the different chapters of bankruptcy our office handles.
The application for either a Chapter 7 or Chapter 13 bankruptcy is very lengthy and technical, so having someone work with you who knows Arizona bankruptcy law and how to fill out the appropriate forms will only expedite the process and ensure that the courts will accept your bankruptcy.
Jennings Strouss attorneys have represented public and private companies' partnerships and individual Chapter 11 debtors in significant cases involving sizeable financial services, real estate holdings, regional and national retail chains, healthcare concerns, manufacturing businesses, and airlines.
If you are wondering if filing chapter 13 bankruptcy or chapter 7 bankruptcy is the right choice for you, if you are wanting legal answers to your financial questions, and if you would like assistance making informed financial decisions for your future, we encourage you to take advantage of our FREE initial consultation.