Once there was a barbecue restaurant. It's closed now, but back when it was open years ago tucked away in the corner of nowhere they hung a sign above the counter. That sign said “Good food ain’t cheap and cheap food ain't good.” It's probably the reason the...
RadioShack Is Filing for Bankruptcy for the Second Time in two Years Someone once said, "everything that's old is new again," or at least something to that effect. But when it comes to bankruptcy, sometimes something new is new again. And that's the case for...
Filing Bankruptcy in Arizona Bankruptcy law is a federal system so it’s similar throughout the country. Federal law controls most of what happens when you file a bankruptcy case. However, each state is allowed to ad its own spin to bankruptcy, such as what assets you...
Could Dallas Be the Next big City to File for Bankruptcy? When you think of Dallas, you certainly don’t think of a city that’s hurting for money. Everyone remembers Larry Hagman as J. R. Ewing. He sure lived the opulent life. There’s something oddly endearing about...
Bankruptcy Is an Easy Tool to Eliminate Debt When you file for bankruptcy with an attorney, it’s really easy. There’s little work you have to do. You’ll have to fill out some easy paperwork and provide some documentation to your attorney and to the court (such as bank...
The Arizona Bankruptcy Court Bankruptcy was established in the United States by the original version of the US Constitution. If the founding fathers included it in one of our original documents, it’s safe to assume that they felt bankruptcy was critically important to...
Everybody loves their rich uncle. And awful lot of us love him even more when he’s dead. That’s right - we just said what you were all thinking. I mean, he’s a fun guy and all, but fun don’t pay the rent. But an inheritance sure does! There’s even a loan place named...
In part 1 we saw how certain assets are not protected when you file for bankruptcy. We discussed a couple of common strategies that people attempt when filing for bankruptcy. In part 2 we shall see how those ideas are just plain crazy, and we will learn the right way...
When you file for bankruptcy (especially chapter 7 bankruptcy), you don’t get to keep absolutely everything you want. Certain assets just aren’t protected. For example, let’s say you are single and you own two vehicles. Both cars are paid off. The court is only going...
You’ve probably seen advertisements in town for “The World’s Cheapest Bankruptcy!” Usually they are around 200 bucks – depending on where you live. How can bankruptcy be so cheap? How can other attorneys charge thousands of dollars for the same thing I can get for...
