Bankruptcy is a common solution for consumers, and more than a million spouses and unmarried individuals sought bankruptcy protection under Chapter 7 and Chapter 13 in 2010. Small business owners frequently use Chapter 11 to reorganize an enterprise and emerge from a difficult stretch, and the recent massive bankruptcies of U.S. automakers were headline news. In troubled economic times, some American municipal bodies reach a point where Chapter 9 bankruptcy becomes necessary.

But no provision exists to allow individual American states to declare bankruptcy. Some policymakers have begun to advocate for allowing U.S. states to declare bankruptcy as a way to revisit long-term obligations such as pensions and health coverage and provide leverage against unions and bondholders.

The Chair of the House Judiciary Committee recently held hearings on the idea. While the collective budget deficit of U.S. states is predicted to exceed $120 billion in the coming fiscal year, the prospect of state bankruptcy provisions was met with little enthusiasm in Washington. Comments ranged from “a solution in search of a problem” to “useless” and “disruptive.”

For Consumers and Small Businesses, Bankruptcy Is a Time-Honored Debt Relief Solution

As daunting as the idea of a large government bankruptcy may seem, a massive corporate bankruptcy involving a company like General Motors can itself involve tremendous complexities. Business bankruptcy and consumer bankruptcy under Chapter 7 and Chapter 13 also require exacting attention to detail, backed by a close understanding of the client’s goals.

A small business owner can explore the potential for a second chance by seeking to retain control as a debtor-in-possession. By enlisting the help of an Arizona bankruptcy attorney to prepare a reorganization plan, an owner may be able to avoid liquidation and keep a sound idea going and valued employees working.

Consumers who want to consider bankruptcy among a range of debt relief options can learn a great deal in an initial consultation with a bankruptcy lawyer. Whether unexpected medical bills, job loss or an unmanageable mortgage caused the hardship behind a family’s predicament, powerful tools are available, ranging from complete discharge of unsecured debts and exemption of important assets to the automatic stay.

While it looks like states will not soon if ever be allowed to declare bankruptcy, an Arizona debt relief law firm may be able to help you stay in your home, stop creditor harassment and restore your financial stability.

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    Our Locations

    • Phoenix Office – New
      Wright Law Offices 
      2999 N. 44th St., Ste 250
      Phoenix AZ 85018 

      Telephone: 602-456-6085 / 866-703-3287
      Phoenix Law Office

    • Phoenix Office – Old
      Wright Law Offices 
      668 N. 44th St., Ste 320
      Phoenix AZ 85008 

      Telephone: 602-456-6085 / 866-703-3287
      Phoenix Law Office
    • Scottsdale Office 
      Wright Law Offices 
      7135 East Camelback Road, Ste 230
      Scottsdale AZ 85251 

      Telephone: 480-845-0145 / 866-703-3287
      Scottsdale Law Office

    • Tempe Office 
      Wright Law Offices 
      2238 S. McClintock Dr.
      Tempe AZ 85258 

      Telephone: 480-845-0145 / 866-703-3287
      Tempe Law Office

    • Avondale Office
      Wright Law Offices 
      12725 W Indian School Rd, Suite E-101
      Avondale AZ 85392 

      Telephone: 623-258-4480 / 866-703-3287
      Avondale Law Office

    • Mesa Office
      Wright Law Offices 

      4856 E. Baseline Rd.
      Suite #104
      Mesa, AZ 85206
      Telephone: 480-845-0145 / 866-703-3287
      Mesa Law Office

    • Glendale Office 
      Wright Law Offices 
      20325 N. 51st Ave., Suite 134
      Glendale, AZ 85308
      Telephone: 623-258-4480 / 866-703-3287
      Glendale Law Office

    What our clients are saying…


    Mr. Wright and his staff were amazing. They made a negative situation a lot better and turned it into a positive. Could really tell they care helping people and I will refer their Phoenix Bankruptcy Attorney firm to friends and family. Thanks again.


    I called around looking for the right bankruptcy lawyer and came across Benjamin Wright. He personally called me for the consultation seeing how I live in Kingman AZ. He was very helpful from the start and his staff was very friendly and explained any questions I had, sorry for all the questions. I would definitely recommend Wright law offices, and I do!! Thanks for everything, you made what seemed like a hard thing to do simple!! You guys rock!!!


    Great lawyer, he really helped my mother out of a jam. She was totally new to bankruptcy and he talked with us for about an hour and a half to make sure she wouldn’t be worried.


    Ben is a kind and down to earth attorney. He worked around my busy schedule as a single mom (school, full-time job, and daycare pick up and drop off times). He explained absolutely everything to me and was good about e-mailing. I am writing this review as a THANK YOU.


    I had a very positive experience with Attorney Wright. He or his staff returned my e-mails and calls promptly (even after business hours occasionally). His fees were reasonable. He was patient with me when I showed up in court missing an important document. He is aggressive, but fair and nice.