The Process of Filing for Bankruptcy
Due to recent changes in the bankruptcy law, it is more important than ever that you obtain representation from a trusted bankruptcy attorney if you are planning on filing chapter 7 or chapter 13 bankruptcy. Everyone who files for bankruptcy must first pass a “Means Test”, which is a formula that determines if you are eligible to file bankruptcy and to determine what type (or chapter) of bankruptcy you are eligible to file.
The bankruptcy means test is a poorly drafted complicated test that often yields illogical results. The My AZ Lawyers will be of great assistance as our experienced bankruptcy lawyers understand the means test and know how to use it.
Additional changes to the bankruptcy laws greatly increase the risk that you might lose some of your property such as: your home, your possessions, or your vehicles in the bankruptcy if timing and reporting issues are not properly addressed. Many people attempt to file on their own, without the assistance of an experienced bankruptcy attorney. Many of these self-filed bankruptcies are being dismissed by the court for failure to meet the reporting requirements or because of a failure by the individual to file all the proper paperwork. Our law firm will make sure this does not happen to you, our experience and professionalism will help to assure that you have a properly filed chapter 13 or chapter 7 bankruptcy.
The bankruptcy process involves much detailed preparation and paperwork as well as adherence to many complex rules. With the help of a lawyer the bankruptcy filing process need not be difficult. The overall steps involved are actually quite simple in most cases.
Click the links below for more information on the process of filing for bankruptcy:
Bankruptcy Assistance
Due to recent changes in the bankruptcy law, it is more important than ever that you obtain representation from an experienced attorney. Everyone who files for bankruptcy must first pass a “Means Test”, which is a formula that determines what type of bankruptcy that you are eligible to file. This is a poorly drafted complicated test that often yields illogical results. Additional changes to the laws greatly increase the risk that you could lose some of your property such as your home or vehicles in the bankruptcy if timing and reporting issues are not properly addressed.
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