Chapter 7 Lawyers in Mesa, Arizona
If you are considering filing for a Mesa Chapter 7 bankruptcy, you need to ensure that you will receive the debt relief that you need. One of our Mesa bankruptcy attorneys is prepared to help you throughout the legal process. We will work with you from your free consultation all the way to the discharge of your bankruptcy.
To make sure that your rights are protected, and you receive the appropriate amount of debt reduction our Mesa chapter 7 bankruptcy lawyers will do a free debt evaluation for you. Not sure if you need to file for bankruptcy but still need a way to fight the overwhelming debt? Even if you are entirely unsure about where to begin the process, our Mesa debt relief firm offers a 100% free and fully confidential discussion of your current situation.
Car Leases and Chapter 7 Bankruptcy
Have a leased car and filing for chapter 7 bankruptcy? What will happen to your car? These questions are up to you. You can choose to either continue making the monthly lease payments and keeping the car or you can surrender the car back to the creditor (the company you leased it from).
In a chapter 7 bankruptcy, if you surrender the leased car and give it back to the company you leased it from, any obligation to repay the debt will be eliminated in your Chapter 7 bankruptcy case. You do have choices in a chapter 7 as to debts you wish to reaffirm. this is one of those choices.
Keep in mind, filing for Chapter 7 will only discharged your unsecured debt. These would be debts like: credit card debt, medical bills, and other bills that collectors will call about. Not paying on unsecured debt allows creditors to sue you and get a judgement against you. The creditors cannot take your property without first suing you. Regardless, it becomes a moot point if you file for a Mesa chapter 7 bankruptcy in Arizona.
Also in a chapter 7 bankruptcy, a secured debt, (such as houses and cars), would still have to be paid in order to keep those items. You would in those cases be able to keep your home and car in a chapter 7 bankruptcy filing. Contact our Mesa debt relief team today for a free case evaluation.
Mesa chapter 7 bankruptcy lawyers will help you significantly if filing for bankruptcy in Arizona is an opportunity for a debtor to emerge out of a financial crisis and start afresh, then Chapter 7 of the Bankruptcy Code is the way to achieve this end relatively faster. Chapter 7 bankruptcy is the type of bankruptcy that virtually wipes the slate clean of unsecured debt (credit cards, medical debt, non-secured personal loans and lines of credit, amounts owed on leases, amounts owed after vehicle repossessions and more).
Qualifying for a Mesa Chapter 7 Bankruptcy
Chapter 7 bankruptcy is the fastest and most used bankruptcy chapter used by people in Arizona. An individual or couple must qualify for Mesa chapter 7 bankruptcy to get the chapter 7 debt relief. Our bankruptcy attorneys in Arizona are experienced professionals who will determine, not only if you are a candidate for chapter 7 debt relief, but also, given your current state of affairs, how it would effect you.
Our Mesa bankruptcy lawyers will help you determine if you qualify for a Mesa Chapter 7 bankruptcy. They will administer a means test which compares your monthly income for the 6 months preceding your bankruptcy against the median income of the same size household in Arizona. If your income is below the median, you have passed the means test and are automatically qualified for a Mesa Chapter 7 bankruptcy.
Garnishments, Repossession, and Foreclosure
Mesa Chapter 7 Bankruptcy Stops These Collections
A Chapter 7 is one of the most effective ways to immediately stop garnishments. Garnishments can diminish your hard-earned income making it almost impossible for you to afford life’s basic necessities. If your wages are being garnished you are probably losing 25% of your paycheck which is going to your creditors. By filing a Chapter 7 and stopping the garnishment, you will be able to use your income for more important necessities and start saving for your family’s future.