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Creditors in Arizona Personal Bankruptcy

Posted on May 15, 2020 in

In personal bankruptcy, your creditors will be sorted into groups by the claims they have. Some will have legal priority over others. Have a strategy going into bankruptcy and a plan to deal with each creditor.Try not to worry. Let an experienced bankruptcy lawyer with 602 Law Group guide you through the entire process. Creditors File… read more

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Bankruptcy Means Testing for Chapter 7 Eligibility

Posted on May 15, 2020 in

Chapter 7 bankruptcy eligibility depends upon the means test calculation. Your monthly income and expenses determine whether Chapter 7 liquidation or Chapter 13 wage earner reorganization is proper. Checking the “Chapter 7” box on the petition is important, but does not guarantee the case will proceed as such. In bankruptcy, those with enough disposable income… read more

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