Older People Increasingly at Risk of Losing Homes to Foreclosure

It used to be the case that older Americans were the most stable demographic in terms of finances. However, the last six years or so have made things more difficult for people over 50, and Arizona is no exception with its large numbers of retirees. AARP recently performed a study and found that the risk [...]

Good Versus Bad Credit Card Debt

For millions of American consumers who needed the assistance of a bankruptcy attorney to eliminate overwhelming credit card debt through personal bankruptcy, credit cards represent delinquent payments, creditor harassment and financial challenges they would prefer not to revisit.

 An author for an article in Forbes magazine back in 2012, wrote about a distinction between good [...]

By |2015-10-19T06:25:26+00:00October 19th, 2015|Chapter 7, Creditors, Personal Bankruptcy|0 Comments

Court Ruling Could Help Arizonans in Chapter 7 Protect Assets

Arizona residents who file for Chapter 7 bankruptcy do not necessarily have to surrender annuities or life insurance policies, according to a federal appeals court ruling dating back to 2012. The decision has relatively limited impact nationally because the court relied upon the provisions of Arizona law pertaining to exempt property.
 A person who seeks [...]