Tips For Filing Bankruptcy In Arizona From Attorney Morgan McCain

My name is Morgan McCain, and I work for My AZ Lawyers, PLLC. Probably the best advice I can give anyone that is maybe considering bankruptcy is to look at bankruptcy as an early option. Too many times, we have clients that come in that have exhausted their retirement accounts or 401Ks or savings account. All these things to try to stay afloat and to stay out of bankruptcy.

However, they, for the most part, still end up in bankruptcy and now have exhausted items that we could normally protect through the bankruptcy process, and now, going forward they don’t have anything left, their retirement account or 401k. So, probably one of the best things I can tell clients is, if things are not going well, a loss of job or loss of income, reduction of income, bankruptcy may be a better option to look at earlier on in the process rather than saving it as a last resort.

Probably, another thing that we get a lot is, clients will wait until they’ve been sued by a creditor or wait until they’re on verge of being garnished or levied. Again, this would fall back into the situation where if they reacted early on, come in and get a consultation from a bankruptcy attorney early on, a lot of these process could be resolved, no paychecks garnished, no back accounts garnished or levied. That type of situation could be avoided all around if people were a little more proactive in seeking guidance or consultation from a bankruptcy attorney early on.

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Morgan McCain
My AZ Lawyers

Mesa Location:
1731 West Baseline Rd., Suite #100-A
Mesa, AZ 85202

Glendale Location:
20325 N 51st Avenue, Suite #134-A
Glendale, AZ 85308

Tucson Location:
2 East Congress St., Suite #900-6A
Tucson, AZ 85701

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Bankruptcy Planning – 4 Reasons Why Hiring A Cheap Bankruptcy Attorney Can Hurt You

Bankruptcy Planning – 4 Reasons Why Hiring A Cheap Bankruptcy Attorney Can Hurt You. Las Vegas Attorney Dorothy Bunce discusses the best way to choose the proper bankruptcy attorney for you – and the problems with hiring the wrong, or a cheap attorney.

Chapter 13 And Chapter 7 Bankruptcy Attorney

In this video, I give a short description of Chapter 13 and Chapter 7 bankruptcy. Chapter 13 is often referred to as the “catch your breath” provision of the bankruptcy code. Chapter 13 is a great tool to catch up past due house payments, past due car payments, or some other secured debt. In contrast, Chapter 7 is often referred to as the “fresh start” provision of the bankruptcy code. Chapter 7 wipes out your debt and enables you to get a new start. I have office locations, Rome, Dalton, Dallas and Cartersville, Georgia. I can be reached at 1-888-832-8249. Call today.

Los Angeles Bankruptcy Attorney Roland Kedikian Explaining Chapter 7 Bankruptcy Benefits

Los Angeles bankruptcy attorney Roland Kedikian explaining the benefits of filing chapter 7 bankruptcy. More information at

Hello, My name is Roland Kedikian. I am a California licensed Los Angeles bankruptcy attorney and I help individuals like you file for personal bankruptcy. I only practice in bankruptcy and I focus only on folks like you who are looking to file personal or small business bankruptcy.

There are 2 main chapters which individuals may file seek bankruptcy protection. Chapter 7 and chapter 13.

Chapter 7 bankruptcy entitles you to a fresh start. Chapter 7 may eliminate many kinds of unsecured debt such as credit cards, medical bills, most personal loans, judgments resulting in car accidents and deficiencies on repossessed vehicles and many other obligations.

In addition to getting rid of your debt, Chapter 7 allows you to typically keep all your property including your car and home as long as the payments are current and there is no significant equity in your property or the amount of equity is exempt under the relevant statutes.

If you want to keep your car or home, we can make arrangements to reaffirm the debt and keep your property. Additionally you will get to keep most of your personal belongings, and most importantly eliminate your debt.

That is the purpose of chapter 7 bankruptcy. Its to give you a chance to start rebuild your credit, buy a home, save for your retirement, save for your children’s education and get a fresh start. We can make that happen for you. Call now and ask to speak with me personally.

El Paso Bankruptcy Attorney | (915) 400-1711 | Bankruptcy Attorney El Paso

Is it time to call a El Paso Bankruptcy Attorney? (915)400-1711

It is an unfortunate fact of our society today, but there are many decent and hard working people who have experienced a financial situation that puts too much burden on their finances to survive financially. Situations such as a lost job, reduced hours at work, or pay cut, divorce, a recent disability or a mortgage payment that is beyond their means can leave even the most organized and prepared person in a financial hardship. Once the outflow of money is more the inflow it is easy to wonder how can I get out of this mess before it turns into a financial disaster.

Filing for bankruptcy protection in El Paso, Texas may be one option that should be considered. Your El Paso bankruptcy attorney will be able to evaluate your financial situation and give you guidance on whether they think that bankruptcy is a solution that could be considered. Most bankruptcy attorneys offer a free initial consultation to review your financial data and help you decide if bankruptcy is something you want or need to do.

We suggest that you seek a qualified El Paso bankruptcy attorney prior to taking a second mortgage or equity loan on your home to pay an unsecured creditor such as a credit card company prior to speaking with a El Paso bankruptcy attorney. The reason is that your home and any mortgage on that home is a secured debt, while a credit card is an unsecured debt. In most Chapter 7 bankruptcy proceedings in El Paso a person’s unsecured debt is wiped out. Prior to borrowing any money from the equity in your home or withdrawing any money from your retirement accounts it would be wise to speak to a qualified El Paso bankruptcy lawyer.

Schedule Your Free Consultation (915)400-1711

To schedule a free consultation at our El Paso bankruptcy law firm, all you need to do is call.

About Our El Paso Law Firm

Our team of lawyers is dedicated to helping El Paso residents resolve their debt problems.

Bankruptcy Clients

“When we realized bankruptcy was our only option, we were buried in debt and overwhelmed by stress. Our El Paso bankruptcy attorney put us at ease and helped us get through the difficult process without a hitch.” – Tammy B.

Grennier Law | Bankruptcy Attorney | Ventura, CA

Grennier Law specializes in bankruptcy law. They are located in Ventura, CA. At Grennier Law, attorney Michael Grennier will help you obtain a fresh financial start. His areas of practice include: bankruptcy, chapter 7, chapter 13, understanding and completing the means test, foreclosures, short sales and loan modifications. Michael Grennier has successfully handled and helped thousands of bankruptcy cases.
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I’m An Individual, Can I File Chapter 11? Maryland Bankruptcy Attorney

Thoughts from a Maryland Bankruptcy Attorney

If you can’t quality for Chapter 7 or 13, you can still get bankruptcy relief under Chapter 11. Why would you need to do that?

If your income is too high and you don’t have sufficient deductions, you’re probably going to be forced out of Chapter 7 by the means test. To learn more about the Means Test and the long form for high income debtors, see these videos:

What is The Means Test?

My Income Is Above Median Can I Still File Chapter 7?

The next question is, can I file for Chapter 13. Chapter 13 has debt limits that fluctuate from year to year based on the cost of living, but they are set by statute and they are rigidly enforced (for 2012/2013: for unsecured, 0,475 ; for secured ,081,400).

If you don’t qualify under the debt limits for Chapter 13, and your gross income is too high for Chapter 7, you won’t necessarily be deprived of relief under the bankruptcy laws, because you might qualify for Chapter 11.

Chapter 11 is a procedure for businesses, but also for high-income individuals with a fairly sophisticated financial situation. There are pros and cons to Chapter 11:

Negatives:

Chapter 11 tends to be more expensive than the other chapters, because under Chapter 7, there’s a lot of competitive pressure in the market to keep fees down, and in Chapter 13, the fees that you are allowed to charge if you are an attorney are usually set by local rule, but there are no such controls for fees in Chapter 11 and most attorneys will charge you an hourly rate with a retainer (the bankruptcy court needs to approve such fees as being reasonable).

Another negative about Chapter 11 is that you’re going to have to get your creditors to vote to accept your plan. That’s not the easiest thing to do, partly because many creditors, especially if they’re credit card companies, don’t bother to vote for Chapter 11 plans. They’re much more set up to handle Chapter 7 and Chapter 13 cases.

In Chapter 13, if your plan satisfies the statutory requirements, you will be able to qualify and confirm that Chapter 13 plan. In Chapter 11, subject to complex exceptions, you’re going to have to get the votes of your unsecured creditors.

Positives:

One of the positives in Chapter 11 is that you have much greater flexibility about the kind of treatment that you can give to your secured creditors and your unsecured creditors. You don’t have to start making payments to a 13 trustee within 30 days, like you do under Chapter 13, and there are many different ways that you can restructure unsecured and secured debt in Chapter 11, as long as the debt is not secured by your primary residence.

Another advantage to Chapter 11 is that you can frequently stay there longer without having to come up with a plan. In Chapter 13, the trustee, and the courts, are really trying to move cases along. In Chapter 11, you have much more flexibility.

Thoughts from a Maryland Bankruptcy Lawyer

Ronald J. Drescher
Drescher & Associates, P.A
4 Reservoir Circle
Suite 107
Baltimore, MD 21208
(410) 484-9000
Fax (410) 484-8120
Rondrescher@Drescherlaw.com

FaceTime rondrescher@mac.com
Skype ron.drescher

Practicing in Maryland, Delaware, Virginia, Pennsylvania

Escondido Bankruptcy Attorney | (619) 633-7585 | Call Escondido Bankruptcy Attorney

– Is it time to call an Escondido Bankruptcy Attorney? (619) 633-7585

It is an unfortunate fact of our society today, but there are many decent and hard working people who have experienced a financial situation that puts too much burden on their finances to survive financially. Situations such as a lost job, reduced hours at work, or pay cut, divorce, a recent disability or a mortgage payment that is beyond their means can leave even the most organized and prepared person in a financial hardship. Once the outflow of money is more the inflow it is easy to wonder how can I get out of this mess before it turns into a financial disaster.

Filing for bankruptcy protection in Escondido, California may be one option that should be considered. Your Escondido bankruptcy attorney will be able to evaluate your financial situation and give you guidance on whether they think that bankruptcy is a solution that could be considered. Most bankruptcy attorneys offer a free initial consultation to review your financial data and help you decide if bankruptcy is something you want or need to do.

We suggest that you seek a qualified Escondido bankruptcy attorney prior to taking a second mortgage or equity loan on your home to pay an unsecured creditor such as a credit card company prior to speaking with a Escondido bankruptcy attorney. The reason is that your home and any mortgage on that home is a secured debt, while a credit card is an unsecured debt. In most Chapter 7 bankruptcy proceedings in Escondido a person’s unsecured debt is wiped out. Prior to borrowing any money from the equity in your home or withdrawing any money from your retirement accounts it would be wise to speak to a qualified Escondido bankruptcy lawyer.

Schedule Your Free Consultation (619) 633-7585

To schedule a free consultation at our Escondido bankruptcy law firm, all you need to do is call.

About Our Escondido Law Firm

Our team of lawyers is dedicated to helping Escondido county residents resolve their debt problems.

Bankruptcy Clients

“When we realized bankruptcy was our only option, we were buried in debt and overwhelmed by stress. Our Escondido bankruptcy attorney put us at ease and helped us get through the difficult process without a hitch.” – Tammy B.

Creditor Harassment – Robert Geller Tampa Bankruptcy Attorney

Video about stopping creditor harassment through bankruptcy in Tampa, FL including information about filing for Chapter 7 and Chapter 13 Bankruptcy options