The U.S. Supreme Court recently adopted amendments to The Federal Rules of Bankruptcy Procedures and submitted them to Congress for review & final approval last year. Congress approved the amendments which went into effect 12/01/2011. The amendments change mortgage holders and servicer’s requirements for filing Proof of Claims (POC) and requiring notices relating to claims secured [...]
An interesting scenario I came across recently may be useful to some who are in this type of situation. If you have a first mortgage and a HELOC, also known as a junior mortgage on your primary residence and are contemplating bankruptcy, first, seek an experienced bankruptcy lawyer to discuss your options. This type of [...]
While reading through some of the other bloggers and lawyers about important issues of the day, I came upon wise advice/warnings from the Intellectual Conservative Arizona about the power of the banks. Sometimes debt comes on pretty unexpectedly, but other times it’s a slow and predictable process you can see coming. Debt is never a [...]
It’s that time of year again. The time of year that most people call the most wonderful. I hate to be a scrooge, but the holiday season is really the time of year when people feel overwhelmingly obligated to buy everyone they know a present. While some might think buying gifts raises the Christmas spirit, [...]
One of the worst aspects about being in debt are the constant calls from angry creditors and debt collectors asking you for their money. They are persistent and may even call every day. It’s an anxiety-inducing burden to avoid phone calls because it could be one of them. If you’ve gotten to this point, sometimes [...]
One of the biggest concerns people have when filing for bankruptcy is that it will completely ruin their credit and prevent them from being able to get loans or credit cards for years. There are grains of truth to this sentiment, but it’s mostly been exaggerated to the point where it wrongly dissuades people from [...]
I’m not the kind of person to toot my own horn and talk up just how important by job is to helping people navigate the complicate bankruptcy legal system. However, last month, the Administrative Office of the United States Court released news of an alarming trend in bankruptcies. More and more people are opting to [...]
There’s something in the news I found very interesting this week that gets to the heart of the issue of bankruptcy. Presidential hopeful Herman Cain has been accused of sexual harassment by women from his past and although this is a hot-button issue, there’s something disheartening and plain wrong about the coverage that relates to [...]
For some people, waiting to file for bankruptcy is like waiting on a sinking ship for something good to happen. When a person’s financial situation is in dire straits, it’s of the utmost importance that they file for bankruptcy as soon as possible. That’s why I’m giving you more reasons you shouldn’t wait to file [...]
More good news continues out of the bankruptcy front for both Phoenix and Arizona. Of course, there’s also some bad news to go along with it. Since I like to be optimistic about things, let’s start with the good news. The Arizona Republic is reporting that metro Phoenix bankruptcies have continued their year-by-year decline. This [...]
Chris Ariano is a top Arizona bankruptcy lawyer. He has devoted a large majority of his legal career to mastering the intricacies of successfully filing for consumer bankruptcy protection, focusing specifically on Arizona chapter 7 and chapter 13 bankruptcy.
On a daily basis, Chris prepares and files bankruptcy petitions for residents of both the Phoenix and Tucson metro areas. Having an unparalleled work ethic, Chris is devoted to guiding clients throughout the entirety of the bankruptcy process.
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