Phoenix Legal Resource Blog
Is SSI Included as Disposable Income for Bankruptcies?

When you’re facing overwhelming debt and seeking a fresh start, few questions loom larger than how your SSI included as disposable income might impact your bankruptcy filing. SSI stands for Supplemental Security Income, a federal program that provides financial support to individuals who are disabled, blind, or elderly with limited income and resources. Because SSI payments are a critical lifeline for many, understanding how they factor into bankruptcy is essential to safeguarding your financial stability.
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What Is a Bankruptcy Discharge?

A bankruptcy discharge is a court order that releases you from personal liability for certain debts. It essentially means creditors must stop trying to collect on these debts. This moment is often the most crucial part of the bankruptcy process, as it signifies the potential for a true financial reset. Below, we’ll explore what a discharge is, how it works, and why it matters.
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How to Enjoy the Holidays Without Going into Debt

As we enter this festive period, it is important to consider how to enjoy the holidays without stretching your budget beyond its limits. Holidays like Christmas emphasize spending quality time with family and reflecting on the past year, but it’s also a time that is primed for overspending.
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What If I Have to File for Bankruptcy During the Holidays?

While the holiday season is often associated with joy and celebration, it can sometimes bring about financial stress. Sadly, some individuals might be lead to contemplate filing for bankruptcy. If you find yourself in this situation during the holidays, it is important to understand the bankruptcy process and how it may affect your financial future.
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This Recent Supreme Court Decision Affects Arizona RV Owners

In the recent Arizona Supreme Court decision involving Mary Drummond, this landmark ruling addresses the critical issue of whether motorhomes qualify for homestead exemptions under Arizona law, a matter that has long been shrouded in legal ambiguity. The court emphasized the need for legislative clarity, noting that the current statute’s language did not explicitly include motorhomes. This has significant implications for RV owners across the state, particularly those facing bankruptcy.
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Bankruptcy Warning Signs According to Bankruptcy Attorneys

An unstable economy often leads to financial distress for individuals and businesses. Unemployment, declining incomes, rising debts, and market fluctuations can erode financial stability. When these challenges become overwhelming, bankruptcy can offer a legal recourse to restructure or discharge debts.
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The Dos and Don’ts of Rebuilding Credit After Bankruptcy

Rebuilding credit post-bankruptcy is vital for restoring financial stability. It takes time to rebuild trust with lenders. Avoid accruing new debts and, instead, focus on saving and prudent spending. Each positive action contributes to rebuilding credit, ultimately paving the way for future financial opportunities and regaining a firm footing on the path to financial stability.
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Can I Keep My Tax Refund When Filing for Bankruptcy?

Filing for Chapter 7 or Chapter 13 bankruptcy in Arizona can be overwhelming. Questions about retaining assets like tax refunds may add to the confusion. Understanding all the implications of filing for bankruptcy is crucial for people facing financial challenges.
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The Recent Law Change About Student Loans and Bankruptcy

Many former students found that filing for bankruptcy did not allow their student loans to be dismissed. Most didn’t even try because discharging student loans was a complex and time-consuming process, showing little hope of success. The U.S. Department of Education recently announced modifications to the debt forgiveness process, promising to significantly improve the situation.
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What 341 Hearings Are and What You Can Expect During One

A 341 hearing, also known as a meeting of creditors or a Section 341 meeting, is a valuable opportunity for the trustee and creditors to obtain essential information about the debtor’s financial situation. The trustee and creditors can ensure that the bankruptcy case is handled fairly and transparently by asking questions related to the debtor’s assets, liabilities, and other relevant information.
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