Over the past ten years, Arizona bankruptcy lawyers have experienced a strong increase in the connection between clients’ mortgage-related problems and their interest in bankruptcy. As Chapter 7 or Chapter 13 bankruptcy applicants, debtors can immediately stop foreclosure and creditor harassment, while regaining their financial footing.

A recent survey indicates that debt relief attorneys nationwide are now noticing a major increase in the number of potential clients who are troubled by student loan debt. A report published by the National Association of Consumer Bankruptcy Attorneys (NACBA) found that 80 percent of the 860 lawyers surveyed say that student loan issues have increased “significantly” or “somewhat” over the past four years.

The authors of “Student Loan ‘Debt Bomb’: America’s Next Mortgage-Style Economic Crisis,” provide a variety of relevant factors to help explain this growing problem:

  • The average college graduate in 2010 had accumulated over $25,000 in debt
  • School debt burdens have recently increased by almost 50 percent among students who are in their 30s and 40s
  • 95 percent of bankruptcy lawyers say that few educational borrowers have a chance of meeting the “undue hardship” standard for obtaining a discharge of college debt
  • Two-thirds of bankruptcy attorneys report that collection efforts by student loan providers have become more aggressive in the past 18 months

While student debt is generally not subject to a bankruptcy discharge, seeking legal advice about student loans from a debt relief lawyer is still a sound idea. The Chapter 13 bankruptcy process can spell relief that allows a borrower to get caught up on their student loan payments while gaining significant relief from other obligations.

Schedule a free consultation to discuss your situation at one of our law offices in Phoenix, Scottsdale, Tempe, Avondale or Prescott. Call 480-845-0145 today.

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    Our Locations

    • Phoenix Office – New
      Wright Law Offices 
      2999 N. 44th St., Ste 600
      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…

    TOP Rated PHOENIX BANKRUPTCY ATTORNEY

    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.

    Tara
    TOP Rated PHOENIX BANKRUPTCY ATTORNEY

    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!!!

    Steffanie
    TOP Rated PHOENIX BANKRUPTCY ATTORNEY

    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.

    Damian
    TOP Rated PHOENIX BANKRUPTCY ATTORNEY

    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.

    Shannon
    TOP Rated PHOENIX BANKRUPTCY ATTORNEY

    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.

    Jenna