About Ben Wright

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So far Ben Wright has created 85 blog entries.

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 [...]

SOME HOMEOWNERS MAY BE ABLE TO REFINANCE AFTER BANKRUPTCY

Homeowners in Arizona and across the nation may still pay their mortgages after bankruptcy. After filing for bankruptcy, including Chapter 7 bankruptcy, an individual may wonder if they can refinance their home loan if they remain in their house. The answer will generally depend on the specific circumstances of each individual homeowner. If a court [...]

By |2015-09-24T06:13:49+00:00September 24th, 2015|Bankruptcy in Arizona, Loan Modification, Real Estate|0 Comments

BANKRUPTCY MEANS TEST APPLIES TO CONSUMER BANKRUPTCY ONLY

By Ben Wright of Wright Law Offices. Arizona residents considering bankruptcy need to be aware that there is a difference between a consumer bankruptcy filing and a business bankruptcy filing.   In other words, there are different rules that need to be followed depending upon where and how your debts are incurred. Bankruptcy code 11 U.S.C. [...]

Alco Stores Going-Out-of-Business Sales

More than $260 million worth of inventory will be up for sale after the announcement that a sale did not work out for the company and has now been approved for a liquidation and going out of business sales. The small town favorite Alco has 198 stores located in 23 states that will be selling [...]

By |2014-11-28T08:00:12+00:00November 28th, 2014|Uncategorized|0 Comments

New Bankruptcy Fees to Come Dec. 1

The importance of doing things correctly the first time is making itself more apparent starting December 1st, It will now cost $25 to redact information that has already been submitted, From a patient standpoint this makes it more important to find the best bankruptcy lawyer available to keep from having to pay unnecessary fees, Lawyers, [...]

By |2014-11-24T09:47:06+00:00November 24th, 2014|Uncategorized|0 Comments

Judge to Rule When Detroit Can Exit Bankruptcy

Some good news to follow concerning one of the worst cases of bankruptcy in American History. Detroit filed for Chapter 9 due to population loss, debt issues, and peaking healthcare costs. 15 months later Detroit looks to be on the mend with a newly approved debt cutting plan . We hope to see the continued [...]

By |2014-11-22T08:47:23+00:00November 22nd, 2014|Uncategorized|0 Comments

CONFUSION FROM RECORD-KEEPING SYSTEM EXACERBATING MORTGAGE ISSUES

Residents of Arizona have not been immune from personal financial challenges caused by the struggling economy. Some have had to file for personal bankruptcy to stop foreclosure on their homes while others have participated in mortgage modification programs. Information is now coming out of foreclosure actions around the country revealing bank practices that have prevented [...]

FILING FOR BANKRUPTCY MIGHT OFFER BEST SOLUTION TO ELIMINATE DEBT

Overwhelming debt brought about through unexpected life changes such as unemployment and illness or injury have caused many Americans to seek debt relief through personal bankruptcy. Some people have been lured by promises from debt settlement companies to eliminate debt quickly and easily without any negative effects. According to the National Association of Consumer Bankruptcy [...]

By |2014-11-17T18:08:39+00:00November 17th, 2014|Chapter 13, Chapter 7, Personal Bankruptcy|0 Comments
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