Chapter 13 bankruptcy allows you to keep your assets that might otherwise be subject to liquidation under a Chapter 7 bankruptcy filing. Chapter 13 may also be the kind of bankruptcy filing you must use if you cannot qualify to use Chapter 7 because of the means test.

Chapter 13 offers a number of other advantages if you are looking to get out from under crippling debt, but there are some disadvantages, too. 

In this post, we consider the advantages and potential downsides of Chapter 13 bankruptcy in Arizona.

If you have any questions about Chapter 13 bankruptcy, call Stone…
Continue Reading Pros and Cons of Chapter 13 Bankruptcy

Sometimes people consider bankruptcy and debt relief as either-or options, but it is more accurate to consider debt relief as a spectrum. Simpler options are at one end of this spectrum, and the more formal procedure of bankruptcy is at the other end.

If you are struggling with debt, you must carefully consider which debt relief option is best for you. In this article, we consider the most common forms of debt relief, including bankruptcy, the advantages and disadvantages of each option, and factors to consider when choosing bankruptcy.

To find out if bankruptcy is the appropriate form of debt…
Continue Reading Bankruptcy vs Debt Relief

When you file for Chapter 7 bankruptcy, your assets become part of what is known as the bankruptcy estate. If you have a tax refund coming, this is considered an asset for bankruptcy estate purposes, which means you may lose your refund.

However, multiple factors can come into play that, in some situation,s will let you hold on to it.

In this article, we cover the considerations that apply to tax refunds in Chapter 7 bankruptcy cases and ways you can increase your chances of keeping your tax refund.

If you have questions about Chapter 7 bankruptcy, please call Stone…
Continue Reading Will I Lose My Tax Refund if I File Chapter 7?

For many years, bankruptcy has been a way for people to seek financial relief from overwhelming debt. However, it is still subject to many misunderstandings and misconceptions. In this post, we address many of the myths surrounding bankruptcy.

If you have any questions about bankruptcy, call Stone Rose Law at (480) 739-2448 for accurate information.

“Bankruptcy Will Discharge All My Debts”

Sometimes this may be true. Bankruptcy will discharge many kinds of unsecured debts like credit card debt, medical bills, personal loans, utility bills, and past-due rent.

In some cases, however, there are some debts that bankruptcy will not discharge.
Continue Reading Debunking 16 Common Bankruptcy Myths