Monday, December 12, 2011

Filing bankruptcy in Arizona: How bad is it, really?

I am a bankruptcy attorney in Arizona ($995/Chapter 7) and encounter many people who are nervous about filing personal bankruptcy because they think they may lose some of their property, are worried about the stigma, and think they cannot afford it. All of these worries are usually unnecessary. Most clients will get to keep everything they own (one exception is if you own a nice car with a lot of equity in it - but most people don't, they are still making payments on their cars). There is little stigma, because who will know you filed for bankruptcy other than a few faceless creditors? Although bankruptcy is a public record, it's not published anywhere and the average member of the public does not have a login to federal court to find your filing. Finally, bankruptcy is not that expensive. I charge a low flat $995 fee for Chapter 7 (includes both spouses), plus the $299 court filing fee. Other than the cost of two required online financial classes (as cheap as $5 and $12.50), there are no other expenses (other bankruptcy attorneys may charge differently).

If you are paying huge bills every month to credit card, medical debt, or other dischargeable debt, you will never see that money again. Every day you put off bankruptcy is hundreds of dollars you could have saved. If you live in Arizona, set up a free consultation with us to get a better understanding.

The Alexander Bankruptcy Law Firm provides low low cost Chapter 7 and 13 personal bankruptcies. $995 Chapter 7 or $2500 Chapter 13 bankruptcies plus court filing fee. Free consultation with a compassionate attorney who will handle your case personally. Call 24/7, available to meet with you around your schedule. 602-326-9116. Conveniently located in Central Phoenix along the Camelback corridor.

No comments: