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    Mesa Bankruptcy Law Office 
    My AZ Lawyers
    1731 W. Baseline Rd.
    Suite #101
    Mesa, AZ 85202
    (480) 263-1699

    Phoenix Bankruptcy Law Office
    668 North 44th Street, Suite #300
    Phoenix, AZ 85008
    (480) 833-8000

    Glendale Bankruptcy Law Office 
    My AZ Lawyers
    20325 N. 51st Ave.
    Suite #134
    Glendale, AZ 85308
    (623) 640-4945

    Tucson Bankruptcy Law Office 
    My AZ Lawyers
    2 East Congress St. Ste. 900 
    Tucson, AZ 85701 
    (520) 306-8729

  • What is a 341 meeting of creditors?

    If you wish to file for bankruptcy in Mesa Arizona, it is important to learn everything about the process. Most people have never heard of a 341 meeting of creditors. Let’s take a look at the bankruptcy process, how a 341 meeting of creditors works, and how it all can affect how you or your bankruptcy lawyer handle your case.

    341 meeting creditors


    In Mesa, there are many different kinds of bankruptcy. Bankruptcy as a definition is a legal process that a business or individual may file for if they cannot pay their large sum of debts. Usually a bankruptcy case will only be considered if assets and income are far below the ability to pay off the debts. A Mesa bankruptcy lawyer will often be able to help a person file for bankruptcy by meticulously going over their assets and income reports for the filing to check for errors. Errors on a bankruptcy file could lead to trouble, such as a fraud charge. If the court decides that a person or business qualifies for bankruptcy, their debts will be essentially wiped clean, although their credit will be affected by the bankruptcy for ten years or more.

    341 meeting of creditors

    For Chapter 7 bankruptcy, a bankruptcy trustee will be chosen from a panel to handle the case. The trustees job is to maximize the value of assets that creditors are seeking. They also are appointed to investigate evidence of fraud or transfer issues. A trustee could be thought of the ‘prosecutor’ and your bankruptcy lawyer as the ‘defense attorney’.

    A 341 meeting of creditors is a way for the trustee to ask the person filing for bankruptcy questions, under oath, about documents they proved for the case and other issues within the case.

    Despite the very specific name, creditors involved in a bankruptcy case almost never come to the 341 meeting of creditors and the meeting itself is usually very brief. We’re talking five minutes brief. This is usually due to the simple nature of the questions a bankruptcy trustee will ask, which include:

    • Are you going to soon receive any money by an inheritance?
    • Do you hold any personal injury claims?
    • Do you owe any child support or spousal maintenance?
    • Are there any creditors present here today?
    • Have you read the documents filed for your bankruptcy case?
    • Did you sign your bankruptcy documents?
    • Do you solemnly swear or affirm to tell the truth, the whole truth and nothing but the truth?
    • Have you read all the bankruptcy information provided to you?
    • How long have you lived in the state of Arizona?
    • Have you previously filed for bankruptcy, specifically in the last eight years?
    • Did you list all of your creditors in these documents?
    • Is the information listed in your documents accurate?
    • Did you list all your assets in these documents?

    After the questions are finished, the trustee will ask questions that cater to the individual case at hand. Creditors, if they actually show up, are allowed to ask questions as well. Should you file for bankruptcy and attend a 341 meeting of creditors, you should have your bankruptcy attorney present with you as well. This will ensure that all questions are answered properly and accurately. After all questions have been asked and any issues with the bankruptcy filing have been assessed, the meeting is over. A 341 meeting of creditors may seem a little useless, but it serves as a way to be fair to creditors that will be negatively impacted by the bankruptcy filing.

    I need help with my bankruptcy case.

    bankruptcy 341 meeting creditorsIf you need a bankruptcy lawyer with the knowledge, experience, and expertise in bankruptcy law to help you file for bankruptcy in Mesa, look no further than My AZ Lawyers, PLLC. Our team of talented attorneys handle bankruptcy cases, DUI charges, criminal defense, and divorce law. When you need to make sure your bankruptcy case is handled properly, you should always look for a law firm like My AZ Lawyers, PLLC that has a good track record of successful bankruptcy cases and happy clients under their belt. Give us a call today for a consultation of your case and to see if we can match you with a great lawyer.

    My AZ LawyersCandace Kallen
    1731 W. Baseline Road, Suite 101
    Mesa, AZ 85202
    Office: (480) 263-1699

    20325 N. 51st Ave., Suite #134
    Glendale, AZ 85308
    Office: (623) 640-4945

    2 East Congress St., Suite 900
    Tucson, AZ 85701
    Office: (520) 306-8729

    Chapter 7 Bankruptcy – Can I Include A 6 month Old Unsecured Personal Loan

    How long must I have a unsecured personal loan before I can included it with my chapter 7? I have a personal loan that is just 6 months old. If I file chapter 7 can I include the unsecured personal loan that is 6 months old. I’m 72 years old and living on SS. I have several credit cards, medical bills and a loan from a mobile home which I gave back. They want me to pay the difference for what they sold the mobile home and what my original loan was. I don’t have the money to pay back the mobile home company. That is why I want to file chapter 7. If I can include the unsecured personal loan that would be good.

    Answer: You will be able to include your unsecured personal loan in a chapter 7 bankruptcy, as a matter of fact, you MUST include that debt and any other debts that you have, you don’t have the option of picking certain debts to include. ALL debts and ALL assets must be included when filing a chapter 7 bankruptcy. It is entirely possible that your creditor may dispute a debt that you include, this is an issue that can have many variables and should be discussed with an experienced bankruptcy attorney as each creditor and claim is unique in its own way. Your situation sounds like a pretty forward chapter 7 case and a qualified bankruptcy lawyer would be of great assistance to you. Good luck with things.

    Answered By:

    The My AZ Lawyers
    1731 W. Baseline Road, Suite 101
    Mesa, AZ 85202
    Office: (480) 263-1699

    20325 N. 51st Ave., Suite #134
    Glendale, AZ 85308
    Office: (623) 640-4945

    2 East Congress St., Suite 900
    Tucson, AZ 85701
    Office: (520) 306-8729

    Re-Published from AVVO Legal Questions and Answers.

    Tucson Chapter 13 Bankruptcy Attorneys

    Filing Chapter 13  bankruptcy in Tucson, Arizona allows a person to consolidate the debt while making convenient monthly payments to a trustee. A Tucson bankruptcy lawyer will prepare a payment plan for you, the plan is proposed which repays the debt over a three to five year period.

    The amount of the monthly payment and the length of the repayment plan is based upon the following factors:

    • Monthly income of the person
    • Monthly expenses of the person
    • Amount and nature of the debt

    The most common uses of a Chapter 13 bankruptcy in Tucson, Arizona involve:

    • Repayment of mortgage arrears (back amounts owed) home
    • Restructuring of auto loans to save a vehicle


    In a Chapter 13 bankruptcy, secured debts are paid 100% on the dollar, while unsecured debts may be paid less than 100% on the dollar. A person receives a discharge under Chapter 13 bankruptcy in Tucson, AZ once the payment plan is completed.

    Chapter 13 bankruptcy in Tucson, Arizona is a repayment plan that usually takes 3 to 5 years. It is overseen by the Bankruptcy Court to make sure everyone (creditors and the debtor) play by the rules, and it allows you to pay your creditors back on terms that are favorable to you. (This is different from a Chapter 7 filing, which simply liquidates your assets in order to pay back creditors and does not require ongoing payments.) A Tucson Chapter 13 bankruptcy also allows you to keep certain property (e.g., house or car) even if you have been behind on payments.

    The My AZ Lawyers, PLLC, is a debt relief agency servicing all of Arizona. Our Affordable bankruptcy attorneys and bankruptcy lawyers help people file for bankruptcy relief under the Arizona bankruptcy code. The My AZ Lawyers, PLLC provide bankruptcy planning, Chapter 7 and Chapter 13 filing options to those experiencing extreme financial difficulty. We have offices in Mesa, Chandler, Tucson and Glendale,AZ servicing the entire Phoenix metro area, and all of Arizona.

    Experienced, affordable and professional, the bankruptcy lawyers and bankruptcy attorneys at The My AZ Lawyers, PLLC provide personalized and compassionate bankruptcy planning and filing services to individuals, families, and businesses experiencing extreme financial difficulty. Our team of bankruptcy lawyers and bankruptcy attorneys understand the sensitive nature of filing for bankruptcy and are committed to protecting your interests and maintaining the discretion you deserve.
    Many of our clients are simply Arizona individuals or Arizona families looking to get a fresh start. Some of our other clients are Arizona business owners searching for attorneys sophisticated and experienced enough to handle more complex bankruptcy filings.

    Our business bankruptcy clients include: retail stores, service companies, and restaurants.

    Whatever your reasons are for considering filing Chapter 7 or Chapter 13 bankruptcy in Tucson, Mesa, Glendale, or Phoenix, Arizona, we understand. The My AZ Lawyers is non-judgmental; our experienced bankruptcy lawyers and bankruptcy attorneys understand how financial problems can easily happen to anyone and we firmly believe everyone deserves a second chance. The Arizona bankruptcy laws are designed to give you a chance at a Fresh Start, there is no better time than now to improve your quality of life, stop threatening collections, and get your life back on track. Filing for bankruptcy in Arizona, be it chapter 13 bankruptcy or chapter 7 bankruptcy has many advantages.


    Some of the advantages of declaring bankruptcy in Arizona include:

    • Filing bankruptcy may rebuild your credit.
    • Declaring bankruptcy will help you stop bad financial habits.
    • Filing bankruptcy in Arizona may help you stay out of debt.
    • Declaring bankruptcy in AZ will let you live your life without worry.
    • Chapter 7 and chapter 13 bankruptcy in Arizona gets you a “Fresh Start”


    Before you make any decision about filing Chapter 7 or Chapter 13 bankruptcy in Tucson, Glendale, Phoenix, or Tempe, Arizona, please speak with one of our low cost bankruptcy lawyers or affordable bankruptcy attorneys, find out your bankruptcy options at either a FREE initial consultation with one of out bankruptcy lawyers.  Your FREE bankruptcy consultation can either be in person or by phone.

    Our licensed Arizona based Bankruptcy Attorneys in Phoenix, Tucson and Glendale can walk you step by step through what options are available to you while going through the process of filing chapter 13 or chapter 7 bankruptcy in Arizona. Find out if filing bankruptcy is the right option for you .

    Many people in Phoenix, Arizona; Chandler, Mesa, Glendale as well as Tucson and Tempe, Arizona are going through hard times in this tough economy. Filing chapter 13 or chapter 7 bankruptcy in Arizona is a legitimate option that deserves your careful consideration. If you are falling behind in your financial obligations, you owe it to yourself and your family to investigate all of your options, be it a chapter 7 bankruptcy, a chapter 13 bankruptcy, or some other debt relief option. We offer a free debt analysis and consultation with a debt relief expert. It is NEVER a good time to do NOTHING. Call us today and make an appointment with one of our Arizona debt management counselors, Arizona bankruptcy lawyers, and Arizona bankruptcy attorneys.

    The bankruptcy experts at The My AZ Lawyers, PLLC offer an initial free consultation in all bankruptcy matters with our experienced bankruptcy lawyers and trusted bankruptcy lawyers. It is important that you see a bankruptcy attorney or bankruptcy lawyer in person because each case is different and needs individual attention. Once the decision has been made by you to file bankruptcy, our chapter 13 and chapter 7 bankruptcy lawyers will ask that you provide complete and accurate information so the attorney can try to foresee any possible difficulties. After all of the information is provided, the bankruptcy forms are prepared and the final product is reviewed with each client and signed. The meeting of creditors will be thirty to forty five days after the date of filing. If any further hearings are required the chapter 13 and chapter 7 bankruptcy attorneys will represent your interests at them and let you know if you need to attend. The My AZ Lawyers, PLLC will be with you every step of the way while filing chapter 7 or chapter 13 bankruptcy in Arizona.

    by Max Gunderson.

    One of the primary goals of an individual filing for a bankruptcy case in Phoenix, Arizona or Tucson, AZ is to obtain relief from all of the burdensome debt. The relief provided by filing for a Chapter 7 or Chapter 13 bankruptcy is attained through the bankruptcy discharge, the purpose of which is to provide a “fresh start” to the honest debtor. Continue reading “What is a “discharge” in bankruptcy?” »

    What is a “Means Test” in Bankruptcy?


    Bankruptcy Means Test | Bankruptcy Eligibility

    by Max Gunderson

    The new Bankruptcy Law of 2005 changed many of the Arizona bankruptcy laws.  One of the most significant provisions of the new bankruptcy law of 2005 is the introduction of a “means test.” So, what is the means test? The means test is used to determine whether or not a person is eligible to file for a Chapter 7 bankruptcy. Under the new bankruptcy law, as of October 17, 2005, bankruptcy applicants who wish to file for Chapter 7 bankruptcy protection must meet certain eligibility requirements under a designed “means test.” Once you decide that you are going to file for bankruptcy, you must take the means test and submit the results of the means test to the Bankruptcy Court. Continue reading “What is the “Means Test”?” »

    Filing Bankruptcy in Arizona


    by Max Gunderson

    Filing Chapter 7 bankruptcy or Chapter 13 bankruptcy can give you a fresh start by erasing much of your debt (under a Chapter 7 liquidation) or by giving you the breathing room to pay off your debts over three to five years (under a Chapter 13 repayment plan).  However, declaring bankruptcy is not always the best solution for every person or every situation. Continue reading “Arizona Bankruptcy: To File or Not To File” »

    Filing Bankruptcy Without a Lawyer


    by Max Gunderson

    There are many ways that you can file for chapter 7 bankruptcy or chapter 13 bankruptcy without it costing you as much money as you may expect.  One of the ways is to file your own bankruptcy.  If you are thinking about attempting to do a pro se bankruptcy (bankruptcy without an attorney) in Phoenix or Tucson, Arizona, it can prove not only to be extremely frustrating and confusing, it can also have a dramatic impact on your financial future. Continue reading “Why you shouldn’t file for bankruptcy without an attorney in Arizona” »

    by Max Gunderson

    We recently had a client come in to our Tucson, Arizona bankruptcy office to set the wheels in motion to file a Chapter 7 bankruptcy.  Our client currently lives in a rented apartment in the Tucson area but would like to find a more affordable place to live.  Continue reading “Renting an Apartment After Filing Bankruptcy” »

    Blog by Max Gunderson

    If you feel that you are drowning in debt and cannot see your way clear to paying your minimum monthly payments, you may be considering filing for Chapter 7 or Chapter 13 bankruptcy protection in Arizona.  If that is the case, there are several things that you should be aware of when considering filing for bankruptcy.  In many instances, filing for bankruptcy in Arizona is a very beneficial tool as filing for bankruptcy can provide a fresh financial start to consumers who have become overburdened by debt. Continue reading “Becoming Familiar with Bankruptcy in Arizona” »

    Sometimes you have to wait before you are eligible to file for bankruptcy protection. If you’ve filed before, if you’ve recently move to Arizona from another state, you will need to abide by Arizona’s bankruptcy laws. Continue reading “Waiting to File Bankruptcy” »

    My AZ Lawyers

    Arizona Bankruptcy Attorney, Lawyers For Bankruptcy In Glendale, Bankruptcy Attorney Mesa AZ, Lawyer For Filing Bankruptcy In Tuscon
    1731 West Baseline Road #101
    Mesa, AZ 85202
    5 stars - based on 14 reviews

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