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Blog Posts in June, 2013

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  • Arizona Legislature Amends Exemptions for Bankruptcy
    Arizona Legislature Amends Exemptions for Bankruptcy

    For the first time since 2001, Arizona has increased the exemptions that a Debtor may claim when he files a bankruptcy. When debtors file a Chapter 7 bankruptcy, they receive a discharge of their ...

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  • High numbers of Arizona bankruptcies continue
    High numbers of Arizona bankruptcies continue

    When Arizona residents begin to struggle financially, there are many hard decisions to be made. It is difficult to try to determine where expenses can be cut and how income can be augmented. ...

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  • Mortgage payments lead to high debt in senior citizens
    Mortgage payments lead to high debt in senior citizens

    The dream that most senior citizens in Arizona may have had when entering retirement was that they would have paid off most of their debt, including their mortgages. They would never have imagined ...

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  • What not to do when trying to avoid asset forfeiture
    What not to do when trying to avoid asset forfeiture

    When facing financial difficulties and creditors, Arizona residents may often have to contend with wage garnishment, creditor harassment and even asset forfeiture. One of the assets they may have to ...

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  • List of Arizona bankruptcy exemptions set to expand this year
    List of Arizona bankruptcy exemptions set to expand this year

    In the current housing market, many homeowners have seen the value of their home depreciate to the extent that their mortgage payments often exceed the market value of their home. While struggling to ...

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