by John Skiba, Esq. | May 18, 2011 | Chapter 7 Bankruptcy
Today in the Arizona Republic there is an interesting article by Catherine Reagor on the rental market in the Phoenix area. As more and more homes fall into foreclosure, or their owners simply decide that it doesn’t make financial sense to stay in a home, there has...
by John Skiba, Esq. | May 16, 2011 | Chapter 7 Bankruptcy
It would seem logical that the only thing you would need in order to qualify for bankruptcy would be a lot of debt you can’t pay. However, there is more to it than that. In 2005 Congress revamped the bankruptcy code and put a few more hoops to jump through in...
by John Skiba, Esq. | May 11, 2011 | Chapter 7 Bankruptcy
Credit card debt is a big reason many people seek out bankruptcy. It is not uncommon for people to come visit with me who have $100,000 or more of credit card debt. After a job loss, reduction in pay, or unexpected...