Archived
If filing Bankruptcy, is there anyway out of paying HOA post BK? and how long can HOA sue for HOA fees after filing BK?
Jeff's answer
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Answered on April 27, 2009
Hi there,
I'm an attorney here in Phoenix and if you are filing bankruptcy and give notice that you are surrendering the condo, the HOA will not...
Archived
Should I file bankruptcy?
Jeff's answer
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Answered on April 25, 2009
Obviously filing bankruptcy is a personal decision that no one can make for you. It certainly sounds like bankruptcy would offer you a lot of...
Archived
How can I keep my car during bankruptcy?
Jeff's answer
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Answered on April 25, 2009
Arizona law provides an exemption for autos of up to $5000 equity. Therefore, you would not need to worry about them taking the car from you if it...
Archived
Is it possible to file a personal bankruptcy while still owning a single member llc?
Jeff's answer
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Answered on April 25, 2009
Yes. By filing personal bankruptcy and listing the business debts, you would be disclaiming your liability for those business debts. The business...
Existing Contract for a company that went Bankrupt.
Jeff's answer
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Answered on April 25, 2009
The bankruptcy filing should indicate that they have a contract with you and whether they intend to continue the contract of reject it. If it is...
Archived
I got married 8/08. I wanted to file for chapter 7 bankruptcy to get ride of the debt I incured prior to being married.
Jeff's answer
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Answered on April 25, 2009
Hi there,
I would be happy to help you. If you do not qualify for a chapter 7 bankruptcy, you could also consider a chapter 13 bankruptcy. ...
Archived
Short Sale - Rental Property
Jeff's answer
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Answered on February 23, 2009
While AZ is an anti-deficiency state, that only means that you won't be liable for the unpaid portion of the loan. Since the property was not your...
Archived
Repo guy says it is to my advatange to hand him my car rather than wait until tomorrow and speak to Chrysler?
Jeff's answer
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Answered on February 23, 2009
They are using scare tactics on you. Hopefully I'm not too late and you haven't handed over your car. A bankruptcy may help you out considerably...
Archived
Can the bank make me move out of my foreclosed house before it has sold it to a new owner?
Jeff's answer
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Answered on February 23, 2009
You may benefit from a bankruptcy. There are some pretty exciting changes coming from the legislature to allow us to modify first mortgages,...
Archived
Does 2004 car with 0 balance owed on it have to be sold in Chapter 7 bankruptcy and proceeds distributed among creditors?
Jeff's answer
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Answered on February 02, 2009
Yes and no....but mostly no. You have a $5000 auto exemption that reduces the amount that the creditors will be entitled to in a bankruptcy. I...
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