Benefits of Filing Chapter 7 Bankruptcy in Chandler, Arizona
Filing Chapter 7 Bankruptcy in Chandler, Arizona has many benefits. Whereas, the most appealing of these benefit of filing Chapter 7 is that debts are discharged without repayment in most circumstances. Usually, in an Arizona Chapter 7 Bankruptcy your debt is discharged and you come out of the bankruptcy debt free and ready for a “Fresh Start“.
Chapter 7 is the most used Chapter of bankruptcy by people throughout Arizona. The cost of filing a Chapter 7 Bankruptcy is $335 paid to the Bankruptcy Court. The Filing Fee will be the same regardless of the bankruptcy lawyer that you choose. Additionally, a Ch 7 lasts about 4-6 months at which time debts will be discharged. Once debts are discharged, the filer is not legally obligated to pay them.
If you are facing home foreclosure, vehicle repossession, or wage garnishment, filing bankruptcy can stop it immediately. When you file a Chapter 7 or an Arizona Chapter 13 Bankruptcy, the automatic stay of protection goes into effect preventing these methods of collection. A Chapter 7 discharges your debts, so it works well with wage garnishments on debts such as credit cards and medical bills. A Chapter 13 spreads your past-due home and vehicle payments out over 3-5 years, giving you more time to catch up while also freezing your assets from repossession.
Bankruptcy doesn’t just discharge debts associated with assets that are about to be seized. Almost all of your unsecured debts will be discharged. A Chapter 7 bankruptcy also provides the option of surrendering assets that you can’t afford the payments on anymore.
Zero Down Bankruptcy in Arizona allows you to pay for your bankruptcy filing fee and your attorney’s fees in an affordable payment plan after your case is filed. However, while many firms advertise bankruptcies with no money down, we finance your $335 court filing fee as well.
You will get to schedule your post-filing payment plan. However, the first payment must be scheduled within 30 days of your filing date. The $0 Down Bankruptcy payment plan can last up to 12 months. Therefore, you can choose weekly, bi-weekly, or monthly payments. You won’t be charged interest for your payment plan.
You will have limited options in preventing a wage garnishment. However, you can pay the balance owed to your creditor in full. Additionally, you may be able to work out an alternative payment plan with them. Plus, filing bankruptcy will enact a stay of protection that will stop a wage garnishment until your case is discharged or dismissed.
In Arizona, the legal maximum amount your creditor can garnish is 25% of each check. Therefore, this is also the standard amount that a garnishment will be out of each of your checks until your judgement is satisfied. Therefore, if searching for more information about garnishments, contact our Arizona Bankruptcy Attorneys for more information.
Bankruptcy’s effect on your credit score will depend on how high your score was before filing. Some filers may see no change upon filing their petition. Those with good credit may see a slight decrease, while those with poor credit may see a slight increase. All filers can expect to see a jump in their score in the year following their filing if they take certain steps.
If you decide not to surrender your financed vehicle in bankruptcy, your lender won’t have to report positive payments. They can, however, continue negative reporting. If you finance a vehicle after your bankruptcy is filed, the lender will be required to positive report. Opening a new credit card will help you rebuild your credit, but you can obtain a secured credit card through your bank if you are unwilling or unable to get a new conventional credit card. Some attorneys offer $0 down bankruptcy, meaning you pay your bankruptcy fees in installments after your case is filed. If you utilize this option, check with your attorney that your post-filing payment plan will include credit reporting.
Needing a Chandler bankruptcy lawyer? If so, when you need experienced legal representation from an affordable bankruptcy lawyer or attorney in Chandler, AZ and in Maricopa County, Arizona, to best help resolve your legal issues. Our Chandler bankruptcy lawyer can help. Therefore if you are filing, Chapter 7, Chapter 13, wage garnishments, repossessions, debt settlement, or foreclosure law, the experienced Chandler bankruptcy attorneys at our Chandler law office can assist any of these legal needs
Affordable Chandler Bankruptcy Attorneys
Filing Bankruptcy In Chandler
Is filing for bankruptcy your best choice? Do you even qualify for a Chapter 7 Bankruptcy in Chandler?
Bankruptcy protection is a consumer right that stops debt collector harassment, puts an end to lawsuits and wage garnishment, and can give you a clean slate by eliminating debt. Therefore, if your life is consumed with outstanding and overwhelming credit card payments, car or mortgage payments, or if you are facing life circumstances that is causing undue financial hardship, your best options may be filing bankruptcy in Arizona.
Consider consulting the experienced Chandler Bankruptcy Law firm if you are experiencing the following: a free debt evaluation and consultation with an attorney may be just what you need to get information, answers, advice, and options to get rid of your debt. We can help!
Do you have debt and financial issues that are causing stress or health problems?
Also, do fees from creditors just keep piling up?
Furthermore, are you fed up with creditors calling and asking for more than you can afford to pay?
Do you find yourself going further into debt by borrowing more money to pay off old debts?
Are you behind on a mortgage payment? Are you facing foreclosure?
Do you find creditors raising interest rates on your credit cards unexpectedly?
Most importantly, We can help! Therefore, schedule an appointment for an in-office or by phone consultation. My AZ Lawyers is knowledgeable in the Arizona Bankruptcy Code, familiar with the Arizona bankruptcy law and court process, and we are experienced in successfully representing Bankruptcy cases in Chandler, Arizona.
End Creditor Harassment
Not only does debt bring financial burden that impacts your life, but it also is closely followed by considerable and serious levels of creditor harassment. Additionally for residents in Chandler, Arizona, our Chandler bankruptcy lawyer and staff can help to protect you from this harassment. Beginning with your FREE DEBT EVALUATION, we can advise you of you legal rights as a debtor. Thus, our legal representation includes both options for relieving your debt and helping you to understand if your legal rights are being violated.
Moreover, filing for chapter 7 or chapter 13 bankruptcy on your behalf can provide relief from contact by creditors. Bankruptcy is a viable option for anyone who is seeking to eliminate debt and stop harassing creditors. Our Chandler bankruptcy lawyer and debt relief experts understand that you may be faced with the pressure brought about by collection agencies and creditors to collect money owed to them.
Sometimes creditors will use radical methods for debt collection. In some cases, they may even file a lawsuit against you. If your debt situation includes legal action, wage garnishment, foreclosure, or repossession, our Chandler Bankruptcy Law Firm will address these matters and provide the best possible resolution.
Additionally, there are collection agencies and lenders have a legal right to get debt owed to them, but they are also required by law to follow regulations set forth in the FDCPA (Fair Debt Collection Practices Act) that is meant to protect debtors.
CALL OUR CHANDLER BANKRUPTCY LAWYER TO HELP YOU TAKE ACTION AND PROTECT YOUR RIGHTS
Our experienced legal team can handle any bankruptcy or creditor dispute situation.
Stop Chandler Foreclosure
The possibility of losing your home is a frightening thought. Thus, if foreclosure is becoming a reality due to missed mortgage payments and overwhelming debt, contact our Chandler Bankruptcy Attorneys. Our experienced debt relief team will immediately address your foreclosure so you are not forced out of your home. We want to help you move forward by eliminating debt and keeping your home.
Moreover, filing a bankruptcy petition will stop the foreclosure process. Most importantly, a bankruptcy filing puts in place an automatic stay. Therefore, your mortgage lender must stop the foreclosure process as soon as you file. Another benefit of the automatic stay is that it basically terminates the ability for your lender to collect the mortgage. Hence, depending on if you file an Arizona Chapter 7 Bankruptcy or an Arizona Chapter 13 Bankruptcy will dictate what will happen next.
Furthermore, if problems persist, you should schedule a FREE DEBT EVALUATION and CONSULTATION with My AZ Lawyers and an attorney can explain which bankruptcy is right for you and help answer questions you may have regarding a home foreclosure in Chandler, Arizona.
HOW CAN WE HELP?
My AZ Lawyers Chandler Bankruptcy Firm protects clients’ rights in Chandler. Dealing with debt and aggressive creditors, and helping to erase debt is what we do. You must act quickly to protect your family, your finances, your personal and professional life, and your future. Our bankruptcy law team has the expertise and experience to resolve your case: make the phone call to our law office to begin your fresh start.
HERE IS HOW OUR CHANDLER BANKRUPTCY LAWYERS AND LEGAL TEAM CAN HELP CHANDLER RESIDENTS WITH DEBT RELIEF
Eliminate and erase debt
File for an Arizona Chapter 7 or Chapter 13 bankruptcy
Provide information about the Arizona Bankruptcy process
Explain Chapter 7 and Chapter 13 Bankruptcy protection
Take care of debt collectors and judgements against you
Stop wage garnishments
Eliminate your credit card debt
Stop civil lawsuits
Help you understand the Arizona Bankruptcy Law
Give you options for your debt relief
Help with pre-bankruptcy planning
Negotiate with creditors
Assist you every step of the way through the bankruptcy process
Help you recover your credit score after the bankruptcy discharge.