Questions answered by Kenneth L Neeley

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What is the maximum interest rate on wage garnishments in Arizona? What does it mean "interest accrues at rate of 204%?

Kenneth's answer | Answered on August 15, 2014

Like Matthew, I also highly recommend you consult with an experienced bankruptcy attorney. Even if you don't qualify for Chapter 7, a Chapter 13...

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I live in AZ. Have my papers ready to file, but am struggling to raise the $335 needed to file with court. is there a time line?

Kenneth's answer | Answered on August 14, 2014

Go to the Clerk's Office at the Bankruptcy Court and ask for the form to request a waiver (elimination) of the filing fee. Then you can file your...

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Is there a defined waiting period for a person who declared bankruptcy and case is closed to start accruing valuable assets

Kenneth's answer | Answered on August 13, 2014

If it was a Chapter 7 bankruptcy, then any wages earned (and assets purchased with those wages) after the day of filing are outside the reach of...

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Safetly deposit box is getting garnished, bank has notified me. I am an owner but not the debtor, what do I need to do?

Kenneth's answer | Answered on August 10, 2014

If there is anything in there of monetary value that belongs to you, you should contact the law firm for the creditor and notify the attorney. Your...

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Should we pay creditors small amounts to delay receiving 1099's. We are in our late 60's and on Social Security.

Kenneth's answer | Answered on August 10, 2014

Why do you think you don't qualify for bankruptcy? Debt discharged in bankruptcy is not taxable. So, perhaps you should confirm with an experienced...

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I am wondering if you think I would be approved for a Total and Permanent Discharge of my student loans because of my disabilit

Kenneth's answer | Answered on August 09, 2014

You certainly seem to have many of the factors to meet what's called the Brunner test (the test for discharging student loans in this Federal...

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In a filing of Chapter 7, in Arizona, would I be able to keep my only asset, my car? Also, could they ask for my Grant money?

Kenneth's answer | Answered on August 01, 2014

You can keep equity in a car of up to $6,000 in Arizona. The Pell Grants could not be taken as long as you were careful with the timing of filing...

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Can I file for Chapter 7, again? I filed Chapter 7 in 2005, discharged 01/2006.

Kenneth's answer | Answered on August 01, 2014

Yes, it looks like you're eligible for discharge and it sounds like this time around will have a better long-term result for you. Find a good...

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Are debt buyers considered debt collectors?

Kenneth's answer | Answered on July 31, 2014

Definitely. Pretty much all case law that has dealt with this question has said that debt buyers who buy debt for the principle purpose of...

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I'm thinking of meeting with a bankruptcy attorney to start the process...

Kenneth's answer | Answered on July 30, 2014

One of our former Bankruptcy Judges here in Arizona once said, "Bankruptcy is all a matter of timing." A good bankruptcy attorney can help you...

Kenneth L Neeley's Answers (217)

What is the maximum interest rate on wage garnishments in Arizona? What does it mean "interest accrues at rate of 204%?

I live in AZ. Have my papers ready to file, but am struggling to raise the $335 needed to file with court. is there a time line?

Is there a defined waiting period for a person who declared bankruptcy and case is closed to start accruing valuable assets

Safetly deposit box is getting garnished, bank has notified me. I am an owner but not the debtor, what do I need to do?

Should we pay creditors small amounts to delay receiving 1099's. We are in our late 60's and on Social Security.

I am wondering if you think I would be approved for a Total and Permanent Discharge of my student loans because of my disabilit

In a filing of Chapter 7, in Arizona, would I be able to keep my only asset, my car? Also, could they ask for my Grant money?

Can I file for Chapter 7, again? I filed Chapter 7 in 2005, discharged 01/2006.

Are debt buyers considered debt collectors?

I'm thinking of meeting with a bankruptcy attorney to start the process...