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Arizona Chapter 7 Bankruptcy Lawyer

Chapter 7 Bankruptcy Relief

Some unforeseen problems can affect the ability of individuals to meet their obligations as borrowers.  A job loss can place financial hardship on a household due to loss of income.  Once a person falls behind in making timely payments the creditor collections process begins.  Endless creditor phone calls, mail and emails can make an already stressful situation much worse.  An individual having financial problems and needing help with creditor abuse or insurmountable debts should contact an Arizona bankruptcy lawyer for information about the options available to debtors.  The Price Law Group understands that hard economic times have affected many people and their personal finances.  An experienced bankruptcy attorney can offer legal advice as to the best approach to take to get a problem financial situation under control.

About Chapter 7 Bankruptcy

After exploring the different solutions available, an individual may decide that bankruptcy is the correct action to take.  The federal government allows individuals to declare bankruptcy in order to handle their debt situation.  A debtor would take a Bankruptcy Means Test to determine if he or she would qualify for Chapter 7 bankruptcy.  Chapter 7 appeals to many debtors because it is the least complicated, fastest, least expensive and easiest form of bankruptcy.  For those debtors who want a fresh start then Chapter 7 bankruptcy would be an answer to their financial situation.  Chapter 7 bankruptcy can discharge certain personal debts including:

  • Credit cards and lines of credit
  • Medical bills
  • Personal loans and promissory notes
  • Leases and contracts

Debtors should seek advice from a knowledgeable and experienced bankruptcy attorney before declaring bankruptcy.  There are many advantages to discharging debts and making a fresh start into the future.  A Chapter 7 bankruptcy may not protect homeownership because of liquidation of assets.  It is important to get competent legal assistances from the Price Law Group before and during Chapter 7 bankruptcy proceedings to ensure protection of debtor rights during court proceedings and lender negotiations.  Make an appointment today with one of our experienced Chapter 7 bankruptcy lawyers.

Contact an Arizona Chapter 7 Bankruptcy Attorney qualified to represent Chapter 7 bankruptcy clients.

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