Bankruptcy Attorney Phoenix

Scottsdale Chapter 7 Lawyer

Scottsdale Bankruptcy Attorney

If you are facing with financial debts, our bankruptcy attorney Phoenix at Olga Zlotnik Law Firm can help you identify the most suitable solutions. Our firm is well aware that many different circumstances i.e. medical bills, credit card debt, lost jobs etc can lead people file for bankruptcy.

Olga Zlotnik Law Firm is fully aware of the financial strain that people in debt often experience. It makes one feel like he/she is fighting a never lasting series of calls and letters from creditors/collection agencies regarding overdue bills. You may not want to openly look for help for your financial issues. Our bankruptcy lawyer in Scottsdale and Phoenix pays attention to your case with professionalism and confidentiality that helps in restoration of hope.

What Is Chapter 7 Bankruptcy?

Chapter 7 is the most typical form of bankruptcy in Arizona as well as throughout the United States. It eliminates most of the debts, including medical bills, credit cards and most text debt above than three years past.

It helps get rid of debt accumulation from vehicle repossessions and real-estate foreclosures. Always remember that not everyone qualifies for Chapter 7 bankruptcy.

Most of the unsecured debts are wiped out in Chapter 7 bankruptcy including payday loans, utility bill, parking tickets, some signature loans, some tax debt, some personal loans, department store credit cards and more.

What is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy allows for the repayment of debt over three to five years of time period. The payments of the debt are based in accordance to your disposable income (income left after paying all the necessary monthly expenses).

Chapter 13 becomes an effective option in most of the situations. As an example, an individual may file Chapter 13 because of a foreclosure and end up saving his or her house by giving small catch-up payment. Moreover, everyone is eligible to file for Chapter 13 bankruptcy.

If you are in search of a highly rated bankruptcy lawyer Scottsdale or Phoenix for bankruptcy matters or need more information about our services, don’t hesitate to get in touch with us at (928) 978-2896 or view our website to know more.“The bankruptcy law services described herein are with respect to bankruptcy relief under the Bankruptcy Code. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.”