Archive | October, 2010

I Thought You Were A Lawyer…What Is A Debt Relief Agency?

Thank you 2005 Amendment to the Bankruptcy Code, for thoroughly confusing every last bankruptcy client that happens to view my website or advertisements. You see, as an experienced bankruptcy lawyer, I am bound by certain restrictions on advertisements for my bankruptcy law firm. Case in point:  “We are a debt relief agency. We help people [...]

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I Filed Bankruptcy, What’s Next? What Is A 341 Hearing?

So you have taken a huge step an filed for Arizona bankruptcy protection? Congratulations – you are one step closer to a debt free life. Your creditors will no longer be bothering you, so feel free to plug your phone back into the wall. I bet you are wondering what happens next. Well, a 341 [...]

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How Will My Bankruptcy Effect My Mom? Or, How Not To Get Your Chapter 13 Bankruptcy Plan Confirmed.

I recently stumbled across a South Carolina case, as described by a fellow blogger.  In short, the chapter 13 bankruptcy plan was rejected by the trustee, because it included two pretty good sized mortgage payments as required expenses. The problem? One was a primary mortgage on a second seperate home, in which a family member resided. This [...]

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Bankruptcy, Foreclosure & Tenants, Oh My!

Unless you have been living in a cave, you have probably heard about the dramatic rise in both bankruptcy filings and foreclosures. We in Phoenix, as well as our neighbors in the sunny state of California, have been hit especially hard. Watching things play out from the perspective of a bankruptcy lawyer, I have noticed there [...]

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Can I Get Rid Of My Mortgage And Keep My House? Can I Keep My Car And Get Rid Of My Car Loans?

I have noticed there is a good amount of confusion when it comes to secured debts. It is understandable, really. Every time you enter into a financial agreement – buying a home, securing a car loan, applying for credit cards – there are pages and pages of information spelling out the terms of the agreement. [...]

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What Is A Bankruptcy Automatic Stay? How Do I Get One? Do I Want An Automatic Stay?

What Is A Bankruptcy Automatic Stay? How Do I Get One? Do I Want An Automatic Stay? If you are considering filing for consumer bankruptcy protection – you have probably discovered the little language that we bankruptcy attorneys like to throw around. Let’s call it banklish, or perhaps boringlish is more fitting. Regardless, it can [...]

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Some Words Of Advice….From Oscar……Of The Office.

Hi there folks. If you are a regular reader, I am sure you have hear be say that bankruptcy law can be a bit dry (e’hem boring) at times. Personally, I love it. In what other areas of the law can you get 100% client satisfaction? My clients come to me stressed and out of options, [...]

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How Will The Trustee Know If I Don’t Disclose My Valuable “_________” (insert watch, car, stock, business interest)

Let me just tell you, it is a bad idea to try and play games with your bankruptcy case. I don’t know if we should blame it out the movies, but for some reason many potential debtors come into my office with the intention of withholding information from their bankruptcy trustee. What’s worse is that [...]

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When To File For Bankruptcy Protection, How Do I Know If I Need Bankruptcy?

Hands down – the biggest hesitation I see clients face is trying to decide is bankruptcy is the right option for them. If it wasn’t such a serious topic – it might actually be humorous! I have some people coming in ready to file ASAP, with paperwork and payment in hand. The only problem? They [...]

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Meeting With A Bankruptcy Attorney? What Questions Will My Bankruptcy Lawyer Ask?

I’ve had many clients confess, part way through the bankruptcy process, that they were extremely nervous prior to our initial consultation. To their own detriment, I believe that several even postponed filing because of this anxiety. I have to say that my feelings were just a little hurt when I realized that many people have [...]

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