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Blog Posts in Assets and Bankruptcy

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  • The Inter-relationship between Annuity Contracts and Bankruptcy Law in Arizona
    The Inter-relationship between Annuity Contracts and Bankruptcy Law in Arizona

    Perhaps you have heard the commercials. Some insurance company offers to put your money into an annuity and give you monthly pay-outs at some point in the future. An annuity contract may be entered ...

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  • Be Truthful and Tell Your Attorney Everything so You Don't End up like a Real Housewife of New Jersey
    Be Truthful and Tell Your Attorney Everything so You Don't End up like a Real Housewife of New Jersey

    Filing for bankruptcy is a serious decision for anyone, but is often necessary in order to preserve your family and obtain a fresh start. As part of the process you must list all your assets and ...

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  • Beware: Bankruptcy Can Be a Powerful Tool-If Used Correctly
    Beware: Bankruptcy Can Be a Powerful Tool-If Used Correctly

    A Chapter 7 bankruptcy allows consumers overburdened by credit card and medical debt to discharge the debt and get a fresh start in life. In exchange for wiping out the debt the court appoints a ...

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  • Select Arizona Exemptions - Guns, Motorcycles and Professionally Prescribed Prostheses
    Select Arizona Exemptions - Guns, Motorcycles and Professionally Prescribed Prostheses

    When it comes to guns, motorcycles and prescribed health aides, folks get downright indignant if someone tries to take them away. It seems people think the second amendment to the U.S. Constitution ...

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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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  • In Bankruptcy, As In Life, Honesty Is Always The Best Policy
    In Bankruptcy, As In Life, Honesty Is Always The Best Policy

    In Bankruptcy and in life, a lesson you learned in the sand box, “honesty is always the best policy,” absolutely holds true. Federal Bankruptcy law requires that you include every asset that you own ...

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