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What Debts Cannot Be Discharged in Bankruptcy

What Debts Cannot Be Discharged in Bankruptcy?

Most unsecured debts, such as credit cards, medical debts, repossessions, etc. can be eliminated in a chapter 7 bankruptcy.  However, some debts will survive a chapter 7 bankruptcy. The following are a few examples: Most Taxes Criminal Fines and Restitution Domestic Support Obligations (Child Support, Alimony, etc.) Student Loans (in most cases) Debt Incurred Through[...]
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What are the Steps to Filing Chapter 7 Bankruptcy in Arizona?

First, you need to determine if chapter 7 bankruptcy is right for you.  This type of bankruptcy eliminates most unsecured debts such as credit cards, personal loans, medical debts.  Filing invokes a court order called the automatic stay, which stops all creditor activity against you, including wage garnishments.  Click the following link to schedule your[...]
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Will Filing for Bankruptcy Stop Creditors from Harassing Me?

The short answer is yes.  The Automatic Stay Filing bankruptcy invokes a court order called the automatic stay.  This order prevents creditors from continuing or initiating any debt collection activities against you.  This includes telephone calls, emails, letters, lawsuits, or any other type of communication.  The order is sent to all of your creditors listed[...]
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How Many Times Can I File Bankruptcy?

Life happens.  Oftentimes, financial hardship can hit a person more than once during a lifetime.  If you have filed bankruptcy before, and debt is piling up again, bankruptcy is probably still available to you as an exit strategy.  So, the question is, how many times can you file bankruptcy?  As with many things in the[...]
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Filing for Bankruptcy — Common Mistakes

Paying off Debts to Family Members and Close Friends When a person falls on hard times, family and close friends are often there to lean on. They may provide loans to see you through a rough patch. However, repayment of such loans leading up to filing bankruptcy can be disastrous. Paying back your family or[...]
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Will I lose my guns in chapter 7 bankruptcy?

The short answer is, probably not. Arizona law provides an exemption for, “All firearms of not more than an aggregate fair market value of two thousand dollars.” So, if your collection of firearms is worth $2,000 or less, you will be able to keep them in a chapter 7 bankruptcy. The exemption doubles if you[...]
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Chapter 7 Residency Requirements and The 730-Day Rule

So, you’ve moved to Arizona recently, but you want to file a chapter 7 bankruptcy. Can you? As with every legal question, the answer is: “It depends.” To file a chapter 7 bankruptcy in Arizona, you just need to have resided here for the majority of the past 180 days (91 days) before the filing[...]
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You Don’t Lose Everything When Filing for Bankruptcy!

When you file a bankruptcy, it creates a bankruptcy estate, which consists of everything that you own. State and federal law allows you to protect certain property from your creditors and from sale during the bankruptcy case. These laws are called exemptions. In Arizona, the Arizona exemptions apply, as long as you have lived in[...]
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Phony Debt Collectors – How to Spot Them and What to do About It

Increasingly, fraudsters are posing as legitimate debt collectors or attorneys and offering to accept a discounted amount to settle valid debts.  They call unsuspecting consumers and are convincing.  They typically know your social security number, your address, the amount of the debt, and the name of the creditor.  They will claim to be from an[...]
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