Surprise, AZ Chapter 7 Bankruptcy Lawyer

Many people struggling with overwhelming debts turn to bankruptcy as a way to avoid creditor harassment and make a fresh, new financial start. However, bankruptcy law can be surprisingly complex. Just qualifying for bankruptcy can be a challenge. It’s also crucial to have some knowledge of Arizona finance laws to understand how bankruptcy will and will not benefit you.

For answers and excellent legal representation, please consider getting advice from a knowledgeable bankruptcy lawyer. Your bankruptcy attorney can assess your financial situation and help you understand your options. With our bankruptcy lawyers on your side, you can proceed confidently knowing that your case will be handled with care and skill.

At The Dodds Law Firm, PLC, we have decades of combined experience helping individuals with bankruptcy proceedings. We are also on hand to answer your family law questions and prepare an estate plan to protect your future. Call us today at 623-267-0026 to schedule your free 30-minute consultation.

What Are the Benefits of Filing for Chapter 7 Bankruptcy?

When you are facing insurmountable debts, you may worry about losing your car, home, retirement, and other assets. The Arizona bankruptcy code allows you to experience immediate debt relief and retain most of your property and assets. With Chapter 7 bankruptcy, you can stop creditor harassment and experience the freedom you deserve.

With liquidation bankruptcy protection, you can eliminate credit card bills, payday loans, medical bills, car loans, and more while keeping much of your property. For example, some protected items include equity in your vehicle and home, household furniture, clothing, some or all of your firearms, work tools, some cash from your bank accounts, retirement accounts, social security benefits, and VA disability benefits. However, bankruptcy has some disadvantages, including a lower credit score and property loss.

To help understand your rights and responsibilities when you file for bankruptcy, please contact our Surprise, AZ, Chapter 7 bankruptcy lawyer. We’ll advise you on your legal rights and help you determine whether a Chapter 7 bankruptcy is right for you.

Who Qualifies for Bankruptcy?

Not everyone is eligible for Chapter 7 or liquidation bankruptcy. Certain requirements involve passing a median and means tests to determine whether you have a high income, depending on your family size, expenses, and so on. Counseling with a Surprise bankruptcy attorney is one of the best ways to determine whether Chapter 7 bankruptcy is right for you.

Some steps in determining eligibility include reviewing your income relative to your family size. This is also known as the median test and is one way of qualifying for bankruptcy. Even if you earn too much under the median test, you could still be eligible through the means test. The means test has to do with the amount of your monthly expenses. Please note that certain special circumstances allow someone who fails both tests to file for bankruptcy.

With help from an experienced bankruptcy attorney like those at our law office, you can get firm answers about your eligibility. You may have other options if you do not qualify for Chapter 7 bankruptcy. For example, a Chapter 13 bankruptcy allows individuals with a regular income to achieve some debt relief and make a plan for future payments. Contact our experienced bankruptcy attorneys for help finding the right path, navigating bankruptcy court, and achieving financial freedom.

Why Do I Need a Surprise, AZ Bankruptcy Lawyer?

An experienced attorney can make all the difference when fighting for financial freedom through bankruptcy. Your bankruptcy attorney can provide personalized advice based on their years of experience. They can help you get the desired results using the most efficient method possible.

Some other ways a Surprise, Arizona bankruptcy attorney can help include:

Answering questions about how a Chapter 7 or Chapter 13 bankruptcy can benefit you
Developing a repayment plan that meets your needs and satisfies Arizona law
Helping you pay creditors using a payment plan if you file for Chapter 13 bankruptcy
Advising you on which assets you may be able to keep depending on the form of bankruptcy you choose, including your home, car, rental properties, cash, and other assets
Providing foreclosure defense to help you keep your home
Navigating questions of child support and other financial obligations
Helping you understand which debts can be discharged and which cannot
Representing you in bankruptcy court or negotiations

At our law firm, we offer advice based on decades of experience. We are proud to assist clients as they seek a better financial situation, whether that means a Chapter 7 bankruptcy or another legal process. We are also prepared to take on estate planning cases, family law matters, and more. Contact us immediately for more information on how we can help you!

Should You Hire Our Chapter 7 Bankruptcy Attorney in Surprise, AZ?

Hiring the right lawyer can make all the difference when you’re seeking a better life for yourself and your loved ones. At The Dodds Law Firm, PLC, we promise to stand by you throughout the legal process. We will listen carefully to your story so we can understand where you’re coming from and help you find the right path for you. We’ll match our legal services with your unique needs and goals to give you the best chance of a positive outcome.

When you have financial problems and need help moving forward, please don’t hesitate to call the Surprise bankruptcy legal team at The Dodds Law Firm, PLC. We can help with payment plans, various forms of bankruptcy, divorce, estate planning, and more. We promise to be your staunch allies as you seek a brighter future.

Our law offices offer free 30-minute consultations so you can get answers and advice at no charge. Call 623-267-0026 today to get started!