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Blog Posts in November, 2009

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  • Surrendering a car in chapter 13 bankruptcy will negatively effect amount paid unsecured creditors
    Surrendering a car in chapter 13 bankruptcy will negatively effect amount paid unsecured creditors

    A chapter 13 bankruptcy requires that an “above median” debtor take a “means test” in order to determine how much that debtor must pay to unsecured creditors during the plan. This amount is called ...

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  • Should Your Arizona Corporation or LLC File Chapter 7 Bankruptcy?
    Should Your Arizona Corporation or LLC File Chapter 7 Bankruptcy?

    The “small business” is suffering in today’s economic climate. Many have debts that are insurmountable. The “owner” has often also personally guaranteed the debt and is facing bankruptcy. The question ...

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