{"id":2447,"date":"2018-07-02T17:23:23","date_gmt":"2018-07-02T17:23:23","guid":{"rendered":"https:\/\/phoenixfreshstartbankruptcy.com\/?p=2447"},"modified":"2022-04-29T08:55:37","modified_gmt":"2022-04-29T08:55:37","slug":"5-bankruptcy-questions-you-must-ask-your-arizona-bankruptcy-lawyer","status":"publish","type":"post","link":"https:\/\/phoenixfreshstartbankruptcy.com\/5-bankruptcy-questions-you-must-ask-your-arizona-bankruptcy-lawyer\/","title":{"rendered":"5 Bankruptcy Questions You Must Ask Your Arizona Bankruptcy Lawyer"},"content":{"rendered":"<p>Debt collectors are calling non-stop and with each passing day you\u2019re moving closer to filing <a href=\"https:\/\/phoenixfreshstartbankruptcy.com\/best-phoenix-bankruptcy-attorneys\/phoenix-bankruptcy-attorneys\/\">bankruptcy<\/a>. Financial woes can wreak havoc on your emotional health and the burden can impact other aspects of your life. Choosing bankruptcy is a decision that should not be taken lightly. Ask yourself if you have exhausted all efforts to work with creditors. If they aren\u2019t helpful or the money simply isn\u2019t there to pay the debt, it may be time to file. Once you decide bankruptcy is the best option to address your current financial situation it\u2019s time to find a bankruptcy attorney. Although bankruptcy falls under federal law, states set their own exemptions. If you\u2019re filing bankruptcy in Arizona you\u2019ll need to consult with an Arizona bankruptcy lawyer. Here are common bankruptcy questions below.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Here_are_5_questions_to_ask_at_your_initial_consultation\"><\/span><strong>Here are 5 questions to ask at your initial consultation.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-662899ad518b3\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-662899ad518b3\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/5-bankruptcy-questions-you-must-ask-your-arizona-bankruptcy-lawyer\/#Here_are_5_questions_to_ask_at_your_initial_consultation\" title=\"Here are 5 questions to ask at your initial consultation.\">Here are 5 questions to ask at your initial consultation.<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/5-bankruptcy-questions-you-must-ask-your-arizona-bankruptcy-lawyer\/#Which_Assets_Are_Protected_from_Creditors\" title=\" Which Assets Are Protected from Creditors?\"> Which Assets Are Protected from Creditors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/5-bankruptcy-questions-you-must-ask-your-arizona-bankruptcy-lawyer\/#Should_You_File_Chapter_7_or_13\" title=\" Should You File Chapter 7 or 13?\"> Should You File Chapter 7 or 13?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/5-bankruptcy-questions-you-must-ask-your-arizona-bankruptcy-lawyer\/#Can_I_Keep_My_Home\" title=\" Can I Keep My Home?\"> Can I Keep My Home?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/5-bankruptcy-questions-you-must-ask-your-arizona-bankruptcy-lawyer\/#Will_I_Be_Required_to_Attend_Hearings_with_My_Arizona_Bankruptcy_Lawyer\" title=\" Will I Be Required to Attend Hearings with My Arizona Bankruptcy Lawyer?\"> Will I Be Required to Attend Hearings with My Arizona Bankruptcy Lawyer?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/5-bankruptcy-questions-you-must-ask-your-arizona-bankruptcy-lawyer\/#How_Long_Will_I_Have_to_Repay_Creditors\" title=\" How Long Will I Have to Repay Creditors?\"> How Long Will I Have to Repay Creditors?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/5-bankruptcy-questions-you-must-ask-your-arizona-bankruptcy-lawyer\/#Schedule_a_Free_Consultation_with_Your_Phoenix_Bankruptcy_Attorney\" title=\"Schedule a Free Consultation with Your Phoenix Bankruptcy Attorney\">Schedule a Free Consultation with Your Phoenix Bankruptcy Attorney<\/a><\/li><\/ul><\/nav><\/div>\n\n<ol>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Which_Assets_Are_Protected_from_Creditors\"><\/span><strong> Which Assets Are Protected from Creditors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ol>\n<p>When you file bankruptcy you will be required to disclose all of your assets. This does not mean your creditors will be able to take custody of these items to cover your debt.<\/p>\n<p>Do not try to hide assets or transfer funds in an attempt to hide money or property. The courts will not take kindly to this act of deception.<\/p>\n<p>The lawyer will be able to explain the process and need for full disclosure. Rest assured, most of your personal possessions will not be auctioned to pay off your debt.<\/p>\n<ol start=\"2\">\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Should_You_File_Chapter_7_or_13\"><\/span><strong> Should You File Chapter 7 or 13?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ol>\n<p>This is the most important question when considering bankruptcy and one your Arizona bankruptcy lawyer will be able to answer.<\/p>\n<p>In most Chapter 7 filings you will not have to repay unsecured debt. To file you will be required to undergo an income eligibility test.<\/p>\n<p>If the courts determine your income is sufficient to repay creditors you will most likely be prohibited from filing a Chapter 7 bankruptcy. However, you will still be eligible for Chapter 13.<\/p>\n<p>Chapter 13, also known as the \u201cwage earners plan\u201d is designed to assist individuals who have a steady income.<\/p>\n<ol start=\"3\">\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Can_I_Keep_My_Home\"><\/span><strong> Can I Keep My Home?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ol>\n<p>One of the biggest concerns for individuals filing bankruptcy is whether or not they can keep their home. Your Arizona bankruptcy lawyer should advise you on the risks associated with filing for bankruptcy while your home is in foreclosure.<\/p>\n<p>If your intention is to save your home you need to file Chapter 13. This will stop the foreclosure proceedings.<\/p>\n<ol start=\"4\">\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Will_I_Be_Required_to_Attend_Hearings_with_My_Arizona_Bankruptcy_Lawyer\"><\/span><strong> Will I Be Required to Attend Hearings with My Arizona Bankruptcy Lawyer?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ol>\n<p>Bankruptcy rarely requires court appearances. What you will attend is a meeting of creditors, or Section 341 meeting. A court trustee will be appointed to your case and will ask questions regarding your filing.<\/p>\n<p>Your lawyer will be able to walk you through the timeline of what will happen from start to finish.<\/p>\n<ol start=\"5\">\n<li>\n<h3><span class=\"ez-toc-section\" id=\"How_Long_Will_I_Have_to_Repay_Creditors\"><\/span><strong> How Long Will I Have to Repay Creditors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ol>\n<p>If you are given a repayment plan, which generally happens with Chapter 13 cases, the maximum time to repay creditors is 5 years.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Schedule_a_Free_Consultation_with_Your_Phoenix_Bankruptcy_Attorney\"><\/span><strong>Schedule a Free Consultation with Your Phoenix Bankruptcy Attorney<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Filing for bankruptcy protection may sometimes be the best option. However, it could also become an overwhelming process. That is why it would be in your best interest to contact an experienced Phoenix bankruptcy lawyer who can help you better understand your rights and options.<\/p>\n<p>Give <a href=\"https:\/\/phoenixfreshstartbankruptcy.com\/\">Phoenix Fresh Start Bankruptcy<\/a> Attorneys a call at 602-598-5075 to schedule a free consultation with one of our bankruptcy attorneys. If you have any other questions about bankruptcy, one of our attorneys will be more than happy to offer advice on your particular situation.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Debt collectors are calling non-stop and with each passing day you\u2019re moving closer to filing bankruptcy. Financial woes can wreak havoc on your emotional health and the burden can impact other aspects of your life. Choosing bankruptcy is a decision that should not be taken lightly. Ask yourself if you have exhausted all efforts to work with creditors. If they aren\u2019t helpful or the money simply isn\u2019t there to pay the debt, it may be time to file. Once you [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2448,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts\/2447"}],"collection":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/comments?post=2447"}],"version-history":[{"count":1,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts\/2447\/revisions"}],"predecessor-version":[{"id":3832,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts\/2447\/revisions\/3832"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/media\/2448"}],"wp:attachment":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/media?parent=2447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/categories?post=2447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/tags?post=2447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}