Our Low Cost Tucson Bankruptcy Lawyers will do more than file your bankruptcy. Additionally, our experienced bankruptcy legal team will help you to understand the bankruptcy process, and will assist you in successfully eliminating or reducing debt through Chapter 7 or Chapter 13 bankruptcy. Plus, we believe our debt relief attorneys are the best in Tucson and Pima County. Not only do we offer years of bankruptcy experience, but our team strives on providing superior customer service. All of this while giving the people of Tucson a myriad of debt relief options including: Chapter 7 Bankruptcy, Chapter 13 Bankruptcy, Bankruptcy by Phone, and Zero Down Bankruptcy.
Our Tucson Bankruptcy Lawyers use bankruptcy as a legal tool that residents of Arizona regularly need when they are faced with debt that they cannot pay. So, if you are considering filing for bankruptcy, the Tucson Debt-Relief Lawyers at Arizona Bankruptcy Lawyers can help you get a “Fresh Start” through Filing Chapter 7 or Chapter 13 Bankruptcy with $0 Down. Therefore, filing bankruptcy with our Tucson Bankruptcy Lawyersis just a phone call away and you can file today with no money down.
File Bankruptcy for Zero ($0) Down in Tucson, Arizona
There is no gimmick here! This simply works like this: We review your situation, give you a detailed recommendation, then offer you a payment arrangement that will work ideally for your financial situation.
When we say $0 down, that is exactly what it means. No money out of your pocket and you get financial relief. Zero dollars to make the phone stop ringing with creditor harassment. Zero dollars to stop a wage garnishments that could financially cripple you.
There are so many people who are desperate to get out of debt and desperate for relief, people who could afford a monthly payment in a chapter 13 bankruptcy if they could only get the up-front costs together. We decided that we could help and make it easier to get the means together to file for bankruptcy protection. We simply lowered the amount necessary to file bankruptcy and everyone is benefiting from our $0 Down to file bankruptcy.
CHAPTER 7 BANKRUPTCY WITH MY ARIZONA LAWYERS
For most Chapter 7 cases, we can file your case for $0 in legal fees (you only pay the $335 bankruptcy court filing fee to the bankruptcy court) AFTER filing, you will make low monthly payments for the post-filing work.
CHAPTER 13 BANKRUPTCY WITH MY ARIZONA LAWYERS
For most Chapter 13 cases, we can file your case for little money down in legal fees. (you also pay $310 bankruptcy court filing fee)
The remainder of the attorney fees can usually be paid through your Chapter 13 bankruptcy plan. Plus, payments in a chapter 13 bankruptcy plan may be as low as $100 per month depending on your assets and expenses.
If you qualify for our Tucson $0 down program, you quickly get the help you desperately need immediately. Call us now and get set up for a free consultation with one of our Tucson debt relief attorneys. There is no risk, you get to talk to us for free and get professional advice about your financial situation.
A Chapter 7 discharges most of your unsecured debts. Medical bills, credit cards, personal loans, and registration loans are among the debts that can be discharged in a Chapter 7. Some debts such as student loans and domestic obligations can’t be discharged. If you owe back taxes, they can be discharged if they meet certain requirements.
To complete a Chapter 7 Bankruptcy, there are a few steps you will have to complete. Either you or your attorney will need to draft and file your petition. You will need to take a credit counseling course online before your case is filed. After your case is filed, you will receive a letter from your trustee informing you of your court date and requesting additional documents. You must supply those documents and later attend your 341 Meeting of Creditors. You must take a second credit counseling course within 60 days of your 341 Hearing. If all those steps are completed, your case will be eligible for discharge 60 days after your hearing.
There are two ways to qualify for a Chapter 7 Bankruptcy: through your income level or by passing the means test. To see if you qualify based on your income level, the first thing you need to do is determine your family size. You will include your spouse and any minor children (exceptions apply) and include your spouse’s income as well. If the total income is below your state’s median for your family size, you automatically qualify for a Chapter 7. The median income level for a family size of one in Arizona is %51,388. It increases to $64,543, $70,428, and $85,403 for each family member you add. If you are above the median income, you may still qualify for a Chapter 7 through the Means Test.
A Chapter 13, known as a wage earner’s plan. In a Chapter 13 Bankruptcy in Tucson, a filer repays a portion of debt in a Chapter 13 repayment plan. A Ch 13 repayment is a 3-5 year plan. Your plan will be 3 years if you make below your state’s median income level, and 5 years if you are above the median income level. Your plan payment will be calculated using your unsecured debts, the balance on your financed vehicles, any arrearages, your income, and mandatory deductions. If any qualifying debt is remaining at the end of your plan, the debt will be discharged.
In a Chapter 7 bankruptcy, there are limits on how much equity you can have in your home. In Arizona, the homestead exemption is $150,000. The value of your home can still be over $150,000, as long as your equity in the home doesn’t exceed that amount. If you have more equity than your state’s exemption amount, you may be able to file a Chapter 13 and keep your home. These exemption limits don’t apply in a Chapter 13 bankruptcy.
Every bankruptcy filer will need to attend a 341 Meeting of Creditors. Your attorney will attend your 341 Hearing with you. Your trustee will ask you a few basic questions about your case, which your attorney should review with you before the hearing. The 341 Hearing is called a Meeting of Creditors for a reason- your creditors have the opportunity to appear and object to your debts being discharged. If they don’t appear at the hearing, they have 60 more days after the hearing to make an objection.
The means test analyzes your income and expenses to determine if you should have spare income left at the end of each month to pay towards your debts. The court will average your last six month’s income to determine your currently monthly income. Mandatory deductions will be subtracted from your income, and other expenses deemed necessary and reasonable by the court. If the number you reach is low enough, you can still file a Chapter 7. Otherwise, you may be eligible for a Chapter 13 bankruptcy instead.
In a Chapter 7 bankruptcy, once you attend your 341 Meeting of Creditors, you simply wait 60 days until your case is eligible for discharge. In a Chapter 13, your debt will be reorganized into a monthly payment plan lasting 3-5 years. You aren’t required to repay your debt in a Chapter 7 except for in cases of fraud.
You will be able to keep your home in a Chapter 7 Bankruptcy if you don’t have more equity in the home than your state allows. In Arizona, the exemption limit for a house is $150,000. This doesn’t mean you will lose your home if it is worth more than $150,000. If you subtract the balance of your mortgage from the value of your home and it is less than $150,000, (in Arizona) your house will be exempt.
Your 341 Meeting of Creditors will be approximately 30-45 days after you file. Your creditors will have 60 days to object to your debts being discharged after the 341 Meeting of Creditors. Once those 60 days are up, your case is eligible for discharge. From the moment you file to your discharge is approximately 3-4 months.
Whether you own your car outright or you are making payments, there are limits on how much equity you can have in your car. In Arizona as a single filer, you can own a car outright worth up to $6,000, or have $6,000 equity in a vehicle. Married filers may have two vehicles worth $6,000 each or one vehicle worth $12,000. There are special higher exemptions for filers with disabilities that need wheelchair-accessible vehicles. Following these parameters, you can keep your car in a Chapter 7 bankruptcy in Arizona.
Many people wish that they could get a handle on their debt and stop the creditor calls, repossession attempts, wage garnishments, and bank levies — but many people do not know how to do so. The criteria to file for bankruptcy are actually rather simple; almost anyone in the United States can file. As long as you work with an attorney to prove that your debt is significantly higher than your income or disposable income, bankruptcy may be a good option for you.
When you file, you will begin to reap immediate benefits and you can begin rebuilding your credit right away. Whether you file for Chapter 7 or Chapter 13 bankruptcy, our Tucson bankruptcy lawyers can provide you with trusted representation.
Bankruptcy can benefit you!
Consider the following ways filing bankruptcy can help people in Tucson, Arizona:
Regain control of financial circumstances
Immediately stop a garnishment.
Stop repossession of your property
Stop the foreclosure process
Get rid of Payday Loans
Though there are several benefits. The whole idea of declaring bankruptcy still carries a negative stereotype to many people. Gone are the days when debtors’ names were printed in the newspaper. Our Tucson bankruptcy attorneys keep your case completely confidential and secure. Besides your creditors, your attorney, and yourself, no one needs to know that you are filing for bankruptcy. In fact, there are multiple benefits to bankruptcy, including:
Stopping Creditor Harassment and Calls.
Eliminating high interest credit card debt.
Preparing your credit to be re-built the right way.
Chapter 13 & 7 Bankruptcy For Tucson, AZ
Filing For Bankruptcy In Tucson, AZ
Tucson Bankruptcy Lawyers like the ones at the My AZ Lawyers, are recommended when considering chapter 7 or chapter 13. Our skilled legal professionals help clients with every aspect of filing bankruptcy such as: How to choose a qualified lawyer, Steps to filing bankruptcy, the filing process, and life after declaring bankruptcy.
Affordable Tucson Bankruptcy Lawyers
Tucson AZ is home to just over 1 million people, many who are financially struggling and in need of some form of debt relief such as: Chapter 7, Chapter 13, Foreclosure Help, Debt Consolidation, Debt Relief, or Debt Restructuring. Our low cost debt relief specialists can help people in need of debt relief in AZ.
Tucson Bankruptcy Service Areas
Our Tucson bankruptcy attorney serves all of the city of Tucson and surrounding communities (such as the major incorporated suburbs including Oro Valley and Marana northwest of the city, Sahuarita south of the city) take great pride in being available to our clients, whether it is in person, by phone, or via electronic mail.
Seeking Help from an Experienced Bankruptcy Lawyer is recommended if:
✓ You or your spouse recently lost your job.
✓ You’re facing foreclosure.
✓ You’re concerned about the immediate loss of home or vehicle.
✓ You are suffering from creditor harassment and are overwhelmed by bills you cannot pay.
✓ You’ve overwhelming medical or doctor bills.
✓ You’re seeking a solution to unmanageable debt or creditor card debt.
✓ You’re suffering from vehicle repossession or facing a possible wage garnishment.
✓ You are falling behind on your monthly bills.
✓ You’ve utilities that are about to be shut off.
✓ You had a recent accident or traumatic event happen.
Try Bankruptcy By Phone! Tucson, AZ Bankruptcy Attorneys
For your convenience, our law firm can start your bankruptcy over the telephone. Complete nearly your entire bankruptcy from the comfort of your home. Get your NO OBLIGATION, Free consultation at your convenience from your home or office. Our legal professionals will let you know your debt relief options. Don’t get discouraged, even if you feel that you have limited options, we will evaluate your individual situation and discuss the details of all of the debt relief options available to you by law. Our law office has helped hundreds of people in Arizona with debt relief options. If you feel stressed and overwhelmed at the prospect of filing for Chapter 7 or Chapter 13, let our Tucson bankruptcy attorneys help you through the process of declaring bankruptcy.
The bankruptcy laws are designed to give you a chance at a “Fresh Start” and renewed financial freedom. Overwhelming debts do not have to control your life! You can take back control of your finances and stop creditor harassment, stop creditor calls, stop wage garnishments, stop vehicle repossessions, and foreclosures. Isn’t it time you were able to answer the telephone again and open your mail without fear of aggressive actions by collection agencies? There is no better time than now to improve your quality of life, stop threatening collections, and get your life back on track. The Tucson bankruptcy experts at The My AZ Lawyers can help get your life back on track and get you on the road to financial freedom. Contact our law firm today to schedule your FREE initial consultation.
Rebuilding Your Credit After Bankruptcy
Once you have filed for bankruptcy in Arizona, it is then time to start rebuilding your financial future. Filing for chapter 7 or chapter 13 bankruptcy is not great for your credit score. However, filing bankruptcy may also be the first step in rebuilding your credit. It would be fair to say that you could look at filing bankruptcy in Tucson as a good place to begin your “fresh start”.
If your credit cards are “maxed out” and you are facing wage garnishments, repossessions, legal actions and harassing phone calls and letters from debt collection agencies, your credit score is probably already impaired.
A bankruptcy filing will remain on your credit report for seven to ten years. However, often within a few months of discharge you can start rehabilitating your credit, provided you have sufficient regular income. Within a few years, you may be able to get a mortgage on a home.
Contact Us For A Free Consultation
Our Tucson bankruptcy attorneys offer FREE Consultations (either in person or by phone). Plus, night and weekend consultations by appointment. Additionally, we combine all of it with fast, friendly, compassionate service. Also, our debt relief lawyers can start your Tucson Chapter 7 or Chapter 13 bankruptcy with little or no money down. Therefore, Contact one of our experienced legal professionals today for a FREE consultation.