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How Much Does Bankruptcy Cost?

By Phoenix Bankruptcy Attorney on December 20, 2022

With the global economy under threat, courtesy of wars and pandemics, many people continue to succumb to financial hurdles, causing long-term hardships. Therefore, many are left with no choice but to file for bankruptcy. Like any other lawsuit, you will incur expenses when filing for bankruptcy. This cost will depend on the chapter and the attorney services you seek. We at Hilltop Law Firm will help you understand the range of bankruptcy fees depending on your state after a detailed consultation.

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The Most Common Reasons People File for Bankruptcy

By Phoenix Bankruptcy Attorney on November 20, 2022

The number of individuals filing for bankruptcy in the US continues to increase, especially in this pandemic era, as many lose their livelihoods. We at Hilltop Law Firm will help you file for Bankruptcy and relieve the stress of creditors constantly asking for payment.

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What Debts Cannot Be Discharged in Bankruptcy?

By Phoenix Bankruptcy Attorney on June 20, 2022

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.

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Here’s A Few Things You Can Expect at the Chapter 7 Meeting of Creditors

By Phoenix Bankruptcy Attorney on June 20, 2022

What is the Chapter 7 Meeting of Creditors?
If you have been looking into filing a chapter 7 bankruptcy, you may have come across the 341 Hearing, or Meeting of Creditors. When you hire us to represent you in your bankruptcy, we handle every aspect of your case, including preparation for and attendance at the Meeting of Creditors.

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What are the Steps to Filing Chapter 7 Bankruptcy in Arizona?

By Phoenix Bankruptcy Attorney on June 20, 2022

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 free 30-minute consultation with one of our attorneys: https://calendly.com/hilltoplawfirm/initial-consultation-web.

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Will Filing for Bankruptcy Stop Creditors from Harassing Me?

By Phoenix Bankruptcy Attorney on June 20, 2022

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 in your bankruptcy petition. So, in a perfect world, all the harassing calls and letters should end immediately after filing your bankruptcy.

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How Many Times Can I File Bankruptcy?

By Phoenix Bankruptcy Attorney on June 20, 2022

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 law, the answer is, “It depends.”

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Filing for Bankruptcy – Common Mistakes

By Phoenix Bankruptcy Attorney on June 20, 2022

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 friends for what you borrowed within a one-year period prior to filing your bankruptcy is considered an “avoidable transfer”.

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Will I lose my guns in chapter 7 bankruptcy?

By Phoenix Bankruptcy Attorney on June 20, 2022

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 are married.

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Chapter 7 Residency Requirements and The 730-Day Rule

By Phoenix Bankruptcy Attorney on June 20, 2022

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 date. Even though you can file your bankruptcy here in Arizona doesn’t always mean you can use Arizona exemptions.

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