If you are in debt and unable to continue making payments to your creditors, you may want to consider filing for bankruptcy. Bankruptcy is a legal proceeding that allows you to discharge most of your debts and make a fresh financial start. Under federal and bankruptcy law in Arizona, filing for bankruptcy may help prevent you from losing your home and car, and it also stops your creditors from harassing you.
The Arizona bankruptcy law firm of Clint W. Smith, P.C. represents clients in Chapter 7 and Chapter 13 bankruptcy cases, including clients in Chandler, Tempe, Mesa, Scottsdale, and Gilbert. Firm principal Clint W. Smith helps his clients understand federal and Arizona bankruptcy laws so they can make informed decisions about how to improve their financial situation.
The two most common types of bankruptcy cases that individuals file for in Arizona are Chapter 7 and Chapter 13. Below is a brief explanation of each:
Even if you file for bankruptcy, there are some types of debts that federal and Arizona laws will not discharge. These may include the following:
Even if you file for bankruptcy, Arizona laws allow you to keep some of your property. These bankruptcy exemptions currently include:
At Clint W. Smith, P.C., we can help you understand Arizona bankruptcy laws and how they apply to your specific case. Contact us today at (480) 807-9300. Our bankruptcy law firm serves the surrounding areas of Scottsdale, Mesa, Tempe, Gilbert, and Chandler, Arizona.
“We are considered a debt relief agency under the Bankruptcy Code. We assist people in filing for bankruptcy relief.”
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