Chapter 13

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Chapter 7 vs. Chapter 13 Bankruptcy

June 13th, 2017|Bankruptcy, Chapter 13, Chapter 7|

If bankruptcy is your best option to free yourself from debt, you may still be confused about which bankruptcy chapter best fits your specific situation and needs. The most common chapters for individuals are Chapter 7 and Chapter 13. Chapter 7 This is a liquidation form of bankruptcy— it discharges (eliminates) most or all forms [...]

Never Too Old to Learn

May 7th, 2012|Bankruptcy, Chapter 13|

People say that one can never be too old to learn.  I believe this is true.  However, as we get older, our learning process can be hindered by our inability to accept new ideas and break free from old habits.  Two Fridays ago, I attended a continuing legal education seminar hosted by the Arizona Chapter [...]

All in the Family

December 23rd, 2011|Bankruptcy, Chapter 13, Chapter 7|

If I were to compile a list of the top ten most asked questions by potential bankruptcy clients, "Do I have to file bankruptcy with my husband/wife?"  would be at the top of the list.  It is a big concern of many couples because filing bankruptcy (either Chapter 13 or Chapter 7) will remain on [...]

The Inside Scoop on Insiders

August 9th, 2011|Bankruptcy, Chapter 13, Chapter 7|

I might be a lawyer now, but at one time I was just a struggling law student, which means I had zero income and a lot of debt.  What it also meant is that a relied on the kindness of family members (thank you mom and dad) to help me fund those three years of [...]

A Tale of Two Mortgages

August 8th, 2011|Chapter 13|

The tale of two mortgages begins something like this: the real estate market is booming and property values are soaring.  A clever homeowner decides to take out a second mortgage or home equity line of credit (HELOC) on his/her home to pay some credit cards, purchase a boat, or buy an investment property.  It's easy enough [...]