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Whatever your reasons are for considering filing bankruptcy, we understand.
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Chapter 7
This is the most common form of Arizona bankruptcy and is most often filed by individuals and couples. This bankruptcy protection is also available to corporations, partnerships, and limited liability companies (LLC's). In Arizona, Chapter 7 bankruptcy proceedings consist of a court-appointed trustee that liquidates your non-exempt assets and divides funds equally between creditors. All remaining debts are then discharged.
Chapter 13
This is typically used by individuals and sole proprietors who do not qualify for, or desire, to file a Chapter 7 bankruptcy. It allows individuals to keep their property and pay off their debt on a schedule over three to five years. Petitioners pay their court-appointed trustee a set amount each month. The trustee then distributes funds to creditors.
We Can Help You Stop:
* Creditor Harassment
* Foreclosure
* Repossession
* IRS Collections
* Garnishments
* Lawsuits and More
We Can Help:
* Rebuild Your Credit
* Stop Bad Financial Habits
* Stay Out of Debt
* Live Your Life without Worry
* Get a Fresh Start
The Bormann Law Group, PLLC is non-judgmental. We understand how financial problems can easily happen to anyone and we firmly believe everyone deserves a second chance. The bankruptcy laws are designed to give you a chance at a fresh start, and there is no better time than now to improve your quality of life and to stop threatening collections, and get your life back on track.
Our Phoenix bankruptcy and Tucson bankruptcy attorneys take great pride in being available to our clients, whether it is in person, by phone or via electronic mail. We have convenient locations and offer night and weekend appointments, and fast, friendly service with little or no money down.
Clients are encouraged to contact the Bormann Law Group, PLLC whenever they have a questions or concerns.
We understand you are going through difficult times and we will strive to make this journey as painless as possible.