by John Skiba, Esq. | Mar 6, 2012 | Bankruptcy A to Z, Chapter 7 Bankruptcy
One of the first questions I get when I meet with people is if they will qualify for a chapter 7 bankruptcy. If you have been researching bankruptcy you have likely learned that in order to file for chapter 7 bankruptcy you have to meet certain income requirements. ...
by John Skiba, Esq. | Feb 29, 2012 | Bankruptcy A to Z, Chapter 7 Bankruptcy
Losing your home is one of the great fears for those going through bankruptcy. At least it used to be. Before the Great Recession hit home prices in Arizona were skyrocketing. Do you remember lining up on Saturday mornings in hopes of getting a ticket so that you...
by John Skiba, Esq. | Feb 19, 2012 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy
I recently attended a continuing education course that was presented by a group of Arizona bankruptcy attorneys that I am apart of. The presentation was given by three Phoenix bankruptcy trustees. In every bankruptcy case that is filed there a bankruptcy trustee...
by John Skiba, Esq. | Feb 16, 2012 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy
You made “the call”. I realize that by the time my clients actually call me to set up a bankruptcy consultation there has been a lot of internal (and external) debate. Now that you have taken the all important first step of setting up the bankruptcy...
by John Skiba, Esq. | Feb 7, 2012 | Chapter 7 Bankruptcy
I usually try and come up with some clever title for my articles (rarely do I succeed), but with this article I just want to relay pure information. If you need to file bankruptcy, do it now, don’t wait. Delay will only cause you further grief. Yesterday I met...
by John Skiba, Esq. | Jan 27, 2012 | Chapter 7 Bankruptcy
One of the drawbacks to filing chapter 7 bankruptcy is that you may lose some of your stuff. Chapter 7 bankruptcy is a liquidating bankruptcy – meaning if you have assets that you own free and clear of any liens and that are not protected under one...
