Phoenix, Arizona Bankruptcy AttorneysOccasional money problems are like the common cold. When late payments on credit cards turn into a law suit against you, the credit card company can start garnishing money out of your paycheck or your bank account Interest and collection costs can make debts mushroom into amounts that are impossible to pay and meet living expenses at the same time.
Jennings Strouss attorneys have represented public and private companies' partnerships and individual Chapter 11 debtors in significant cases involving sizeable financial services, real estate holdings, regional and national retail chains, healthcare concerns, manufacturing businesses, and airlines.
Chapter 11 bankruptcy : Chapter 11 bankruptcy is mainly used by businesses that have outstanding debts; a major advantage of this option is that you will still be able to continue running your business as you create a plan to pay back creditors and restructure your company.
Not only can an attorney fill out and check over all of your paperwork, but they will also advise you about which Chapter to file and how to gather the specific information needed to successfully plead your case, and then they will represent you before the court.
Our Phoenix Chapter 11 bankruptcy lawyers work with all types of small and medium-sized businesses—hotels, trucking companies, retail businesses, restaurants—as well as individual business owners who are seeking legal help to file for Chapter 11 business bankruptcy, or Chapter 7 or Chapter 13 personal bankruptcy.
If you want to learn more about the differences, you should read our post about why someone would file chapter 13 even when they are eligible for chapter 7. However, Bankruptcy Attorney Phoenix if your income is too high (i.e., you are over the median income) you may be ineligible for chapter 7 and must file a chapter 13 and repay some of your debts.
AZBK Lawyers are based in Phoenix, Arizona, work with clients throughout Maricopa County including the communities of Phoenix, Tempe, Scottsdale, Mesa, Glendale, Peoria, Gilbert, Chandler, Casa Grande, Florence, Wickenburg, Sun City, Surprise, Apache Junction and Anthem.
He is admitted in the State Courts of Arizona, the US District Court, the US Bankruptcy Court, and the US Court of Appeals. Chapter 11: also known as corporate bankruptcy, it is a form of corporate financial reorganization which typically allows debtors to continue to function while they follow debt repayment plans.
How long it takes to file the case is just a matter of how soon you complete the credit briefing (which takes as little as 45 minutes), make fee arrangements, and provide your lawyer the information needed to prepare your documents. Our Phoenix and Chandler, AZ bankruptcy lawyers will advise you as to which chapter of bankruptcy may be the best for you and your financial situation.
Chapter 7: also known as straight bankruptcy or simple bankruptcy; refers to basic liquidation for individuals and businesses. You can discharge most obligations or restructure your debt into more affordable payments while putting a stop to harassing phone calls, letters and legal action by your creditors.
Our bankruptcy attorneys are admitted to practice in the Ninth Circuit Court of Appeals and have handled several successful appeals before the Bankruptcy Appellate Panel of the Ninth Circuit. The Law Offices of Nicholas Fuerst has filed over 4,500 bankruptcy cases in Arizona, and can offer invaluable legal advice based on our extensive experience.