BANKRUPTCY
The decision to file bankruptcy is a difficult choice for many people to make. Not only are you dealing with the stress and anxiety that naturally arise when you are facing insurmountable debt, but there is also the worry that bankruptcy will affect your credit for years after the debts are discharged. Therefore, the decision must be carefully made.
Nagle Law Group's focus on bankruptcy law ensures that our bankruptcy clients receive the highest quality legal advice and counsel that conforms to the highest ethical standards.
Bankruptcy is an option that can provide relief to a debtor whose debts have become overwhelming due to medical bills, job loss, changes in family status, or a catastrophic event. Under bankruptcy law, a debtor may eliminate many types of debts by dividing non-exempt assets among the debtor's creditors.
If your liabilities have exceeded your assets and you are unable to pay bills as they become due, sometimes bankruptcy is the only answer. Bankruptcy law is very complex and an experienced bankruptcy attorney, such as the ones at the Nagle Law Group, is essential to help you decide which path is right for you.
Nagle Law Group has a passion for preserving our bankruptcy clients' legal rights. We combine state-of-the-art technology in case management and comprehensive knowledge of new trends in bankruptcy law to keep our clients up-to-date on the progress of their case, so that they can make the most informed decisions possible. We measure our success by your success, and we are tireless in our efforts to ensure that you receive the "fresh start" that the bankruptcy laws were designed to provide.
If your home or other property is on the line, and you are thinking about filing for bankruptcy, contact the Nagle Law Group for confidential, comprehensive advice on eligibility, alternatives, and the advantages/disadvantages to bankruptcy.
For more information, please visit us at www.phoenixbankruptcylawyers.com
Please also enjoy the following articles from our phoenixbankruptcylawyers.com website:
The "Clean Slate" of Chapter 7 Bankruptcy
What is Chapter 7 bankruptcy? More...
Voidable Transfers
The trustee in bankruptcy is a lien creditor and a successor to certain creditors and purchasers. As of the commencement of a bankruptcy case, the trustee or the debtor in possession has the rights and powers of the debtor and may avoid any transfer of property of the debtor or any obligation incurred by the debtor that is voidable by certain creditors and bona fide purchasers. This is known as "avoiding" powers. Such powers may be used to undo a transfer of money or property made during a certain period of time prior to the filing of the bankruptcy petition. More...
Time and Necessity of Filing Proofs of Claims
A "claim" in bankruptcy is (1) a right to payment, whether or not reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured or unsecured; or (2) a right to an equitable remedy for breach of performance if such breach gives rise to a right to payment, whether or not such right to an equitable remedy is reduced to judgment, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured or unsecured. More...
Chapter 13 Eligibility
Only individuals may file for Chapter 13 bankruptcy. Corporations and partnerships may not file for Chapter 13 bankruptcy. Any individual, even if self-employed or operating an unincorporated business, is eligible for Chapter 13 relief as long as that individual has regular income greater than reasonable living expenses, has unsecured debts not exceeding a certain sum, and has secured debts not exceeding a certain sum. More...
Creditor Claims
A "claim" is a right to payment, whether or not such right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured, or unsecured. A "claim" may also be the right to an equitable remedy for breach of performance if the breach gives rise to a right to payment, whether or not such right to an equitable remedy is reduced to judgment, fixed, contingent, matured, unmatured, disputed, undisputed, secured, or unsecured. A "debt" is a liability on a claim. More...
Nagle Law Group's focus on bankruptcy law ensures that our bankruptcy clients receive the highest quality legal advice and counsel that conforms to the highest ethical standards.
Bankruptcy is an option that can provide relief to a debtor whose debts have become overwhelming due to medical bills, job loss, changes in family status, or a catastrophic event. Under bankruptcy law, a debtor may eliminate many types of debts by dividing non-exempt assets among the debtor's creditors.
If your liabilities have exceeded your assets and you are unable to pay bills as they become due, sometimes bankruptcy is the only answer. Bankruptcy law is very complex and an experienced bankruptcy attorney, such as the ones at the Nagle Law Group, is essential to help you decide which path is right for you.
Nagle Law Group has a passion for preserving our bankruptcy clients' legal rights. We combine state-of-the-art technology in case management and comprehensive knowledge of new trends in bankruptcy law to keep our clients up-to-date on the progress of their case, so that they can make the most informed decisions possible. We measure our success by your success, and we are tireless in our efforts to ensure that you receive the "fresh start" that the bankruptcy laws were designed to provide.
If your home or other property is on the line, and you are thinking about filing for bankruptcy, contact the Nagle Law Group for confidential, comprehensive advice on eligibility, alternatives, and the advantages/disadvantages to bankruptcy.
For more information, please visit us at www.phoenixbankruptcylawyers.com
Please also enjoy the following articles from our phoenixbankruptcylawyers.com website:
The "Clean Slate" of Chapter 7 Bankruptcy
What is Chapter 7 bankruptcy? More...
Voidable Transfers
The trustee in bankruptcy is a lien creditor and a successor to certain creditors and purchasers. As of the commencement of a bankruptcy case, the trustee or the debtor in possession has the rights and powers of the debtor and may avoid any transfer of property of the debtor or any obligation incurred by the debtor that is voidable by certain creditors and bona fide purchasers. This is known as "avoiding" powers. Such powers may be used to undo a transfer of money or property made during a certain period of time prior to the filing of the bankruptcy petition. More...
Time and Necessity of Filing Proofs of Claims
A "claim" in bankruptcy is (1) a right to payment, whether or not reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured or unsecured; or (2) a right to an equitable remedy for breach of performance if such breach gives rise to a right to payment, whether or not such right to an equitable remedy is reduced to judgment, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured or unsecured. More...
Chapter 13 Eligibility
Only individuals may file for Chapter 13 bankruptcy. Corporations and partnerships may not file for Chapter 13 bankruptcy. Any individual, even if self-employed or operating an unincorporated business, is eligible for Chapter 13 relief as long as that individual has regular income greater than reasonable living expenses, has unsecured debts not exceeding a certain sum, and has secured debts not exceeding a certain sum. More...
Creditor Claims
A "claim" is a right to payment, whether or not such right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured, or unsecured. A "claim" may also be the right to an equitable remedy for breach of performance if the breach gives rise to a right to payment, whether or not such right to an equitable remedy is reduced to judgment, fixed, contingent, matured, unmatured, disputed, undisputed, secured, or unsecured. A "debt" is a liability on a claim. More...
