Is it necessary to take any classes before filing for bankruptcy?
Every customer who files Chapter 7 or 13 bankruptcy must [...]
What is the “Mean’s Test”?
The “Mean’s Test” is a formula that assesses whether a [...]
What are executory contracts and how do they work?
An executory contract is a legal word that refers to [...]
What is the bankruptcy estate?
All legal or equitable interests of the debtor in property [...]
What are contingent or disputed claims/liabilities?
Make sure you tell your lawyer about all of your [...]
What are secured and unsecured debts?
Secured debts are included separately from unsecured debts in bankruptcy [...]
If I file for bankruptcy, will I lose everything I own?
No, you will be able to protect your exempt property [...]
When I file for bankruptcy, what exemptions do I use?
Just because you live in Arizona when you file for [...]
What is exempt property (things you can keep)?
Exemptions, sometimes known as “exempt property,” are a key concept [...]