by John Skiba, Esq. | Jan 30, 2014 | Bankruptcy, Chapter 7 Bankruptcy
When you carry a large debt load you find yourself caught between two worlds; the present where you are trying to pay your rent, car payments, utilities, medical insurance – and the past, where you are trying to pay for past expenses and past financial mistakes....
by John Skiba, Esq. | Jan 25, 2014 | Student Loan Debt
Recent statistics show that there is more than $1 trillion dollars in student loan debt outstanding. A trillion! If you went to any type of training/college it is likely that you have student loans. Problem is many of the jobs that people are able to get with their...
by John Skiba, Esq. | Nov 26, 2013 | Chapter 7 Bankruptcy, Debt Collection Lawsuits
Talk about the gift that keeps on giving the whole year through! I am up visiting family in Utah for the Thanksgiving holiday and noticed this sign on a local credit union. It got me to thinking about trends I notice when I review the debts of my bankruptcy clients....
by John Skiba, Esq. | Nov 5, 2013 | Chapter 7 Bankruptcy
Starting on November 15, 2013 there will be updated means test numbers here in Arizona for chapter 7 bankruptcy filers. What does this mean? Let me back up and start with what the “means test” is. Back in 2005 Congress, in its infinite wisdom, decided...
by John Skiba, Esq. | Oct 14, 2013 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy
You’re considering bankruptcy likely because of the benefits you perceive bankruptcy providing to you and your family. You may also be avoiding or delaying your bankruptcy for the perceived negative impact it is going to have on your life. Good and bad –...