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The Role of the Trustee in Bankruptcy in Arizona

July 30th, 2010

For those of you researching or looking into the possibility of filing bankruptcy, you will have likely seen much written about a trustee that will be involved in your case.  All Chapter 7 and Chapter 13 bankruptcy cases are assigned a trustee that falls under the direction of the Department of Justice. 
Chapter 7 Bankruptcy
In Chapter 7

But How Will The Court Know What Assets I Have If I Don’t Tell Them?

July 26th, 2010

When I meet with clients I discuss how it is important that they disclose all of their assets, all of their debts, and be completely truthful on the information that we provide to the court.  Periodically after I give this admonition a client will ask “but how will the court know I have an asset

Do I Really Need an Attorney to File for Bankruptcy?

June 27th, 2010

     I often hear or read discussions on whether it is truly necessary to hire an attorney when filing for bankruptcy.  After all, most people who are contemplating bankruptcy don’t have a lot of extra cash lying around.  While I am clearly biased in attempting to answer this question, I wholeheartedly recommend that you seek

It’s In My Mom’s Name

May 14th, 2010

If you are in financial difficulties, you will often get advice from friends and family who misunderstand the Bankruptcy Code or believe it is necessary or proper to lie in your bankruptcy schedules. The fresh start offered by the Bankruptcy Code requires a full and honest disclosure of all of your assets and liabilities. Also, your bankruptcy attorney can help you keep many common necessities under the protections of the Bankruptcy Code.

It's In My Mom's Name

May 14th, 2010

If you are in financial difficulties, you will often get advice from friends and family who misunderstand the Bankruptcy Code or believe it is necessary or proper to lie in your bankruptcy schedules. The fresh start offered by the Bankruptcy Code requires a full and honest disclosure of all of your assets and liabilities. Also, your bankruptcy attorney can help you keep many common necessities under the protections of the Bankruptcy Code.

The Bankruptcy Discharge: How to Get It and How to Protect It.

May 8th, 2010

The goal when filing for bankruptcy is to obtain a “discharge” of your debts.  The discharge order is simply the order provided by the bankruptcy court to those debtors whom the court has determined qualify for the discharge.  How you get to the discharge depends on what chapter under the bankruptcy code you filed your

Stop Harassing Creditor Calls Without Bankruptcy

April 12th, 2010

Today MSN Money had a good article on ways to stop harassing creditor telephone calls ( http://bit.ly/bK8HJ ).  I have a fair number of clients that are going through financial hardship right now but either don’t want to, don’t need to, or don’t qualify for bankruptcy.  Without bankruptcy protection the harassment by creditors can be almost

Chapter 11 and Litigation

January 15th, 2010

For many Valley businesses, being served with even one major lawsuit can cripple business operations.  Even a successful defense can be expensive, and losing could end the business.
One business recently in the news, Luna Innovations, filed for bankruptcy protection under Chapter 11 precisely because it appeared it might lose a lawsuit (losing is described as

Struggling Renter Has Some Protection

January 9th, 2010

As seen in The Arizona Republic
by: John N. Skiba
Your Home and the Law is authored by the attorneys at JacksonWhite Attorneys at Law and addresses legal issues that arise for renters and homeowners. Have a question related to your home? Send your questions to firm@jacksonwhitelaw.com.
Q: My wife and I have a lot of debt and

Mesa Air Files Chapter 11

January 5th, 2010

The Phoenix Business Journal reports on the Chapter 11 filing by a local company, Mesa Air Group.  Mesa Air’s CEO states a common reason for filing a Chapter 11 bankruptcy petition: burdensome lease obligations.
Long term leases can cripple a business of any size.  Many East Valley businesses are stuck in multi-year leases at rental rates set