You should be cautious about any settlement. Paying less than the debt will result in a taxable event (referred to as 'forgiveness of debt'). If...

It is good to hear that you are planning ahead. So many people jump into bankruptcy only to discover the unintended consequences - such as losing...

How should I handle a new job with an active judgement ?

Great questions, but it is difficult to predict how a creditor will behave. Several my clients have worked out payment arrangements with creditors...

Most likely you would use the 703 exemptions, but please understand that bankruptcy is a very complicated process. To help below is a link to...

Medical Debt Collections

It is difficult to answer your question because we do not know if the creditor "accelerated" the debt. Arizona has a fairly new court decision...

Depending on your income source you and your husband may be 'judgment proof'. That means a creditor cannot take anything that is exempt (like...

Can you pay off student loans before bankruptcy?

This one question has been answered, but it will be the first of hundreds of questions you will or should ask. Please understand that bankruptcy...

I’m getting my wages garnished, is it at all possible to get a judgement creditor to settle ?

The other attorneys answered your questions, but you also want to understand the potential tax consequences of any amount you do not pay (referred...

I wonder where you found the 40 month requirement in order to claim a homestead - perhaps another attorney can comment on that. Under Arizona law...

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If I decide to declare bankrutcy will the trustee / court dismiss my case due to over spending ?

From you description I doubt that anyone could argue that you do not deserve a fresh start. Please understand that bankruptcy is a very...