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Arizona Bankruptcy Blog: October 2013

http://www.azbkblog.com/2013_10_01_archive.html

Davis Miles McGuire Gardner, Call 480-344-4035 with Questions. Friday, October 18, 2013. Bankruptcy and an Underwater Car. Bankruptcy can absolutely help if you owe more on your car than it is worth. Chapter 7 – 722 Redemption:. How does the § 722 Redemption work? 1) Tangible personal property intended primarily for personal, family or household use;. 2) The secured claim must be paid a lump sum; and. 3) The lump sum payment must be based on the current retail value. Chapter 13 and the Car Cramdown:.

azbkblog.com

Arizona Bankruptcy Blog: How Much Money Can I Have in My Bank Account When I File Bankruptcy?

http://www.azbkblog.com/2014/04/how-much-money-can-i-have-in-my-bank.html

Davis Miles McGuire Gardner, Call 480-344-4035 with Questions. Thursday, April 17, 2014. How Much Money Can I Have in My Bank Account When I File Bankruptcy? People often ask about how much money they can have in their bank account when they file bankruptcy. Currently in Arizona if you are single you should not have more than $300 in your account on the day of filing. If you are married and filing bankruptcy then you can have up to $600 in your bank account on the day of filing. Arizona Real Estate Blog.

azbkblog.com

Arizona Bankruptcy Blog: December 2014

http://www.azbkblog.com/2014_12_01_archive.html

Davis Miles McGuire Gardner, Call 480-344-4035 with Questions. Monday, December 15, 2014. How Long Do I Have to Wait to Filing Bankruptcy Again? Determining when you can file bankruptcy again is rather complex and depends on many different variables. First, if you didn't receive a discharge from your previous bankruptcy then none of the following applies to you. The following rules only apply to individuals who actually received a discharge after filing for bankruptcy. B)(i) 70% of such claims; and.

azbkblog.com

Arizona Bankruptcy Blog: July 2013

http://www.azbkblog.com/2013_07_01_archive.html

Davis Miles McGuire Gardner, Call 480-344-4035 with Questions. Tuesday, July 9, 2013. What is an Emergency Bankruptcy Filing? Emergency bankruptcies give the filer all the benefits of a regular bankruptcy but require only a fraction of the documents. This is why emergency bankruptcies are sometimes referred to as a “skeletal petition”. Once the bare-bones documents are filed the court then gives us 14 days to submit the rest of the required documents. Why would someone do an emergency bankruptcy? There a...

azbkblog.com

Arizona Bankruptcy Blog: August 2013

http://www.azbkblog.com/2013_08_01_archive.html

Davis Miles McGuire Gardner, Call 480-344-4035 with Questions. Friday, August 23, 2013. What are the Differences Between a Ch. 11 and Ch. 13? There are a few similarities and many key distinctions between a Chapter 13 and Chapter 11 of bankruptcy. Similarities Between a Chapter 13 and Chapter 11. In both a Chapter 13 and Chapter 11 the debtors will make payments to their creditors for a period of time. This is a key distinction between these chapters and the Chapter 7 of bankruptcy. Secured debts are con...

azbkblog.com

Arizona Bankruptcy Blog: Do I Have to Take a Credit Counseling Class to File Bankruptcy?

http://www.azbkblog.com/2013/10/do-i-have-to-take-credit-counseling.html

Davis Miles McGuire Gardner, Call 480-344-4035 with Questions. Friday, October 11, 2013. Do I Have to Take a Credit Counseling Class to File Bankruptcy? Beginning in October 2005, everyone filing for bankruptcy must go through a government-approved credit counseling program before filing bankruptcy. Who Must Complete the Credit Counseling Course? Are there any exceptions to the rule? Duty in a military combat zone. How is the credit counseling class completed? Most people now complete the course online&#...

azbkblog.com

Arizona Bankruptcy Blog: April 2014

http://www.azbkblog.com/2014_04_01_archive.html

Davis Miles McGuire Gardner, Call 480-344-4035 with Questions. Thursday, April 17, 2014. How Much Money Can I Have in My Bank Account When I File Bankruptcy? People often ask about how much money they can have in their bank account when they file bankruptcy. Currently in Arizona if you are single you should not have more than $300 in your account on the day of filing. If you are married and filing bankruptcy then you can have up to $600 in your bank account on the day of filing. Subscribe to: Posts (Atom).

azbkblog.com

Arizona Bankruptcy Blog: How Long Do I Have to Wait to Filing Bankruptcy Again?

http://www.azbkblog.com/2014/12/how-long-do-i-have-to-wait-to-filing.html

Davis Miles McGuire Gardner, Call 480-344-4035 with Questions. Monday, December 15, 2014. How Long Do I Have to Wait to Filing Bankruptcy Again? Determining when you can file bankruptcy again is rather complex and depends on many different variables. First, if you didn't receive a discharge from your previous bankruptcy then none of the following applies to you. The following rules only apply to individuals who actually received a discharge after filing for bankruptcy. B)(i) 70% of such claims; and.

azbkblog.com

Arizona Bankruptcy Blog: What is an Adversary Proceeding in Bankruptcy?

http://www.azbkblog.com/2013/10/what-is-adversary-proceeding-in.html

Davis Miles McGuire Gardner, Call 480-344-4035 with Questions. Friday, October 18, 2013. What is an Adversary Proceeding in Bankruptcy? When a creditor files an adversary proceeding, it is typically because the creditor believes that a specific debt owed to them should not be discharged in the bankruptcy. The creditor may argue that the debt falls within one of the exceptions to discharge, such as a debt created through fraud, willful or malicious injury, or a personal injury caused by drunk driving.

azbkblog.com

Arizona Bankruptcy Blog: September 2013

http://www.azbkblog.com/2013_09_01_archive.html

Davis Miles McGuire Gardner, Call 480-344-4035 with Questions. Tuesday, September 17, 2013. Objection to a Bankruptcy Discharge. Can a Trustee or other interested party object to your discharge from Bankruptcy? So you’ve filed bankruptcy and want to know if the Trustee can revoke your discharge? The answer is yes! Not only can you lose your discharge but concealing assets in a bankruptcy is a felony and punishable by up to 5 years in prison! Wednesday, September 4, 2013. Is created. This Automatic St...