Posts by Bennett Parker Law

Chapter 7 Arizona Debt Elimination

While there are four types of bankruptcies that affect consumers under the Bankruptcy Code, a Chapter 7 Bankruptcy is by far the most popular form of bankruptcy and the one that most people have heard of before. A Chapter 7 bankruptcy is a straight liquidation of a debtor’s debt. The Bankruptcy Court is concerned with…

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Arizona Chapter 13 Debt Repayment

A Chapter 13 bankruptcy is a reorganization plan where an individual pays a Chapter 13 trustee a set amount of money for a period of at least three to five years. A Chapter 13 faces the same three major issues that are involved in a Chapter 7. The Bankruptcy Court is concerned with a person’s…

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Should You File Bankruptcy Without a Lawyer?

You are not required to have an attorney in order to file for bankruptcy. In some cases, you can file on your own if you are willing to put in some time and research. However, in most cases, it’s a good idea to have a bankruptcy attorney.The importance of an attorney depends on the complexity…

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Bankruptcy for Small Business Owners

If your small business is struggling with debt, bankruptcy may provide some relief. Whether bankruptcy can help depends on a number of factors, including: the legal form of your business — for example, is your business a sole proprietorship, general partnership, corporation, or limited liability company? whether you are personally liable for business debts whether…

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Can Bankruptcy Help with Medical Debt?

Medical Bills and Bankruptcy The rising cost of health care and the growing number of Americans without adequate health insurance coverage has led many people to file Chapter 7 bankruptcy to eliminate their medical debts. Medical debt is treated as a nonpriority unsecured debt in your Chapter 7 bankruptcy.  This means that your medical debts will…

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