Assistance With Debt Relief and Regaining Your Financial Footing
Numerous individuals, families and businesses are financially struggling following the downturn in the economy. Many people do not understand their options for addressing serious situations and still believe that bankruptcy will only destroy their credit. However, with the implementation of new bankruptcy laws over the past few years, bankruptcy is a reasonable option in many situations to help people regain control of their finances and begin moving forward with their lives.
At the Arizona law firm of Davis Limited, Scottsdale and Phoenix debt relief lawyer Robin Lee Dugas understands the challenging issues that many consumers are now facing. He leads our firm in working hard on behalf of our clients in order to reassure them that their issues are handled in a way that suits their needs and goals. While bankruptcy may not be right for everyone, we can take the time to explain your options and choose the right path for you and your family. Bankruptcy can help you rebuild your credit and reestablish trust with lenders and creditors.
Chapter 7
Also referred to as the "fresh start" bankruptcy, filing for Chapter 7 bankruptcy allows you to have your debts discharged without having to repay them. To qualify for Chapter 7, you must pass the means test, a complex formula used for determining an individual's or family's ability to repay their debts based upon income, debts and a number of other factors.
Chapter 13
If you do not qualify for Chapter 7, you may still qualify for Chapter 13 bankruptcy. This type of bankruptcy is a repayment plan that allows structured repayment of your debts according to a schedule.
In certain cases, a combination of a Chapter 7 and Chapter 13 may be utilized, allowing some debts to be discharged while requiring repayment of others. Some debts, such as child support, alimony, student loans and others, are not dischargeable in bankruptcy.
Other Bankruptcy Issues
We can also advise clients on a wide range of other bankruptcy-related issues, such as:
- Foreclosure
- Keeping your home
- Wage garnishment
- Creditor harassment
- Credit card debt
- Business bankruptcy
Contact Our Scottsdale Bankruptcy Attorneys Today
If you have questions or concerns about Chapter 7 or Chapter 13 bankruptcy, please call us at 623-208-7130 (877-551-4908, toll free) or contact us by e-mail.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
