Mesa Chapter 7 and Chapter 13 Lawyers
If you are considering filing for bankruptcy in Mesa, Arizona and must choose between Chapter 13 bankruptcy or Chapter 7 bankruptcy, you may be trying to figure out which chapter is the right fit for your current financial situation. Which do you choose? Chapter 7 or Chapter 13? To truly answer the question, you will want to discuss your case with an experienced Mesa bankruptcy lawyer, who will consider your individual circumstances and your reasons for filing bankruptcy. For most people Maricopa County, AZ, the available Chapters of the Bankruptcy Code under which a person, couple, or family can file boil down to 2 choices:
The 2 Most Common Forms of Bankruptcy are:
- Chapter 7 Bankruptcy
- Chapter 13 Bankruptcy
These are, by far, the most common types of bankruptcy filed in Arizona and throughout the United States. More than 99% of all bankruptcies filed in Mesa, Chandler, and throughout Arizona are filed under Chapter 7 and Chapter 13.
Chapter 7 and Chapter 13 legal professionals may be helpful for you if you are seeking debt relief. When an individual, family, or business has such serious debt problems that it is unlikely that they can be resolved or the obligations ever met, it may be time to consider Chapter 7 or Chapter 13 bankruptcy. A dedicated consumer law office will be able to give you the pros and cons of each chapter and will guide you in the right direction.
Filing Chapter 7 in Mesa, AZ
Chapter 7 bankruptcy, (which is named after the chapter in the federal code), allows you to have your debt “discharged”. Your debt will be wiped away through filing for chapter 7 bankruptcy protection. however, there are certain exemptions and not all unsecured debt can be discharged. An experienced chapter 7 bankruptcy lawyer can provide you with additional information about filing guidelines and exemptions.
Filing Chapter 13 in Mesa, AZ
Filing for chapter 13 bankruptcy protection in Mesa, AZ is generally the preferred choice if you own a home and are behind on your mortgage payments and trying to stop a foreclosure. If you,(like many people throughout Maricopa County), are behind on your mortgage payments, our experienced practitioners will usually recommend that you file under Chapter 13 and repay your missed payments over time. Filing for Chapter 13 will then save your home from foreclose.
Will my creditors stop harassing me?
Yes, they will! By law, all actions against a debtor must cease once you have filed for bankruptcy protection. After filing, creditors cannot initiate or continue any lawsuits, wage garnishes, or even telephone calls demanding payments.
Contact our law firm to help you resolve serious debt related problems. Call (480) 833-8000 for a free bankruptcy consultation and evaluation of your current financial situation.
Mesa Bankruptcy Service
1731 W. Baseline Road Suite #101 Mesa, Arizona 85202