• Debt Decisions Have Consequences: Slow Down Before You Act When money is tight, fear can take over. You feel as if a debt storm has caught you. People may feel pressured to make fast decisions: [...]

  • When the Economy Feels Unstable: How to Protect Yourself From Debt in an Unstable Economy Many families feel squeezed right now. Prices remain high, borrowing money is expensive, and many people are using credit cards [...]

  • Perils of Filing Bankruptcy by an Undocumented Person or Non-Citizen This post is based on an earlier post on by Richard J. Parker, (reprinted with permission - December 2017). Updated by Diane Drain: May 2026 [...]

  • Published On: April 19, 2026

    A Human Being Is Not an LLC Many people set up a small LLC or corporation for business or asset-protection reasons and then, over time, stop thinking about it as a separate legal entity. They [...]

  • Reaffirming Arizona Home Loan During Bankruptcy If you file bankruptcy in Arizona, you may be asked whether you want to reaffirm your home loan. That is an important decision because reaffirming means the debt will [...]

  • Published On: February 8, 2026

    Reprint from the United States Bankruptcy Court The bankruptcy discharge varies depending on the type of case a debtor files: Chapter 7, 11, 12, or 13. Bankruptcy Basics attempts to answer some basic questions about [...]

  • Your Arizona home is now protected

  • Here’s a summary of the key points from the article “Auto loan delinquencies are soaring, with consumers hit by high car prices”: 📈 What’s happening Delinquencies on auto loans (i.e., borrowers falling behind) have climbed [...]

  • Arizona law firm Chills a Client's Right to File an Honest Review I had a call from someone who hired an Arizona firm to file a bankruptcy, and they were required to sign a retainer [...]

  • Published On: July 14, 2025

    Living Longer, Going Broke: The Rise of Senior Bankruptcies Retirement Dreams vs. RealityRetirement is often considered a time to relax, travel, spend time with family, or volunteer. However, many retirees struggle financially, with rising numbers [...]