Are you wondering how to file bankruptcy in Tucson, Arizona? The process can be complicated. After all, you want to make sure that you file correctly and see the maximum amount of debt discharged. Without experienced legal help on your side, you might lose out on important considerations.
Thankfully, the Tucson debt relief attorneys at Lerner and Rowe Law Group understand the ins and outs of filing for personal bankruptcy in Arizona. They will help you through all of the following steps, with a free debt evaluation.
Here are a few examples of why someone may want to declare bankruptcy:
- You have harassing collector calls coming in
- Your car will be repossessed
- Your water or heat is shut off
- You can’t afford to make minimum payments on your credit cards
- You’re behind on you mortgage or facing foreclosure on your home
To set up your free case evaluation and consultation, call 602-667-7777. Or, you can connect immediately through our LiveChat feature. Finally, you have the option to fill out this FREE online form.
How Do Tucson Bankruptcy Attorneys Help?
Our Tucson bankruptcy services include listening to your situation during your consultation and advising you on what to do next. Most notably, we will help determine which kind of bankruptcy–Chapter 7 or Chapter 13 –is right for you.
What Is Chapter 7 Bankruptcy?
Chapter 7 bankruptcy allows a discharge of debts for individuals. This Order of Discharge usually comes in a short period of time after all requirements are met. Sometimes, your discharge may come within only three to four months of filing your Chapter 7 bankruptcy case. In Chapter 7, your unprotected assets may be liquidated to pay your debts while you will be able to keep your protected assets.
Related Topic: How Declaring Chapter 7 Can Provide Debt Relief
What Is Chapter 13 Bankruptcy?
With Chapter 13 bankruptcy, individuals retain their assets and property while repaying creditors over a 36-60 month court approved plan. The amount paid to creditors depends on a number of factors that may include:
- The type of creditor being paid (secured, priority unsecured or general unsecured)
- The amount of your disposable monthly income
- The number of months of your plan
Related Topic: Arizona Chapter 13 Bankruptcy Lawyer
How to File Bankruptcy in Tucson, Arizona
The first step to filing for bankruptcy in Tucson is to determine what type of bankruptcy is right for you. You can do this by consulting with an attorney who will get a better idea of your current financial circumstances and let you know your options. Are you a candidate for a Chapter 7 bankruptcy or will you be better served by a Chapter 13 bankruptcy?
In Arizona, you can only declare bankruptcy if you meet certain requirements. For instance, have you lived in Arizona for the majority of 180 days or is your property located in Arizona; do you qualify to file a Chapter 7 bankruptcy based on your income and monthly expenses; even if you qualify to file Chapter 7 bankruptcy, will Chapter 7 bankruptcy give you the relief you are looking for? To be sure, call Lerner and Rowe for your free consultation.
The steps you will take with Lerner and Rowe include:
- Determine if bankruptcy (Chapter 7 or 13) is the right choice for you
- Gather the legal and financial documents required to file bankruptcy
- Attend a financial interview with your legal team
- Complete an approved credit counseling course
- Review and sign your bankruptcy documents with your experienced Arizona licensed consumer bankruptcy attorney
- Your bankruptcy team will file your bankruptcy case
- Complete an approved debtor education course
- If filing a Chapter 13 bankruptcy case, you will begin to make plan payments
- Attend a Meeting of Creditors with an experienced attorney
- If filing a Chapter 7 bankruptcy case, attend a hearing with your attorney if redeeming an asset or reaffirming a debt
- Have your dischargeable debts discharged
What Are the Costs to File Bankruptcy in Tucson?
Whether you file a Chapter 7 or Chapter 13 bankruptcy case, most bankruptcy debtors must pay a court mandated filing fee. The filing fee is based on the type of bankruptcy filed, and changes periodically. You will also pay a fee to your attorney if represented. In a Chapter 7 bankruptcy case, your attorney fee is paid prior to your case being filed in most circumstances, however, in some cases, your attorney fee may be paid after filing. In a Chapter 13 bankruptcy case, you will pay some of your attorney fee prior to filing your case and the remaining balance will be included in your plan payment.
In addition, our affordable bankruptcy attorneys in Tucson, Arizona will provide a free debt evaluation at the time of your consultation. So in the end, you have very little to lose and so much to gain by seeking bankruptcy assistance today.
Related Topic: $0 Down Bankruptcy
How to Find the Top Bankruptcy Attorneys In Tucson
Residents of Tucson can call 602-667-7777 to set up their free case consultation and debt evaluation. Or, you can fill out a FREE online form or text through LiveChat. We are available 24/7 to take your call, even on weekends.