by John Skiba, Esq. | Jun 3, 2011 | Chapter 7 Bankruptcy
A big concern of a most people going through bankruptcy have is whether they are going to lose all of their property. It is a valid concern but generally not one you need to worry much about. All states have exemption laws that protect certain property from...
by John Skiba, Esq. | Jun 2, 2011 | Chapter 7 Bankruptcy, Foreclosure
This past Monday new numbers on home values around the country were released that confirmed a “double dip” in housing prices, falling below the 2009 low. This is frustrating news for people in Arizona that have been holding on to their home, making the payment month...
by John Skiba, Esq. | May 26, 2011 | Chapter 7 Bankruptcy
Despite the George Strait song, you can’t just “give it away” when it comes to bankruptcy. A common question I get in bankruptcy consultations is whether you can simply “give” away your assets to a family member or take your name off of the title to a vehicle or home...
by John Skiba, Esq. | May 23, 2011 | Chapter 7 Bankruptcy
It is pretty common knowledge that bankruptcy is going to lower your credit score and make it more difficult to make purchases on credit. Because of this, many married people that I meet with ask if it is possible for only one spouse to file bankruptcy so that the...
by John Skiba, Esq. | May 20, 2011 | Chapter 7 Bankruptcy
Many of the bankruptcy clients I have been meeting with lately are experiencing some type of garnishment. Garnishment of wages or bank accounts is an indicator to me that you have been dealing with debt issues for some time. Contrary to what many believe, a creditor...
by John Skiba, Esq. | May 19, 2011 | Chapter 7 Bankruptcy
People needing to file bankruptcy after retirement happens more often than one might think. Often one of the causes leading to the bankruptcy is not only the retired person’s financial situation but the financial difficulties of their grown children. It is natural...
