Retain Assets With Chapter 13 Bankruptcy in Arizona
- Home /
- Retain Assets With Chapter 13 Bankruptcy in Arizona
The economy in Arizona is suffering despite some pieces of news that indicate that things are beginning to trend towards the positive. Even if that’s the case, the damage has been done to countless residents of the state by way of a flagging jobs market, a disastrous real estate market and a failing credit market. As a result, many people find themselves in situations where they are behind on their bills and unable to catch up for any number of reasons. For those in this situation, it’s time to take a close look at their financial pictures to plot a course to recovery with the help of PhoenixChapter 13 bankruptcy lawyers. Below is the look at an option for relief that could allow many people to retain the assets they have spent years working for and accumulating.
Arizona Chapter 13 Bankruptcy – A Plan to Retain Assets
One of the options available within the realm of bankruptcy laws is to file for protection under Chapter 13 of the United States Bankruptcy Code. Chapter 13 is a form of bankruptcy filing that is known by many as a wage earner’s bankruptcy, as it generally allows people in debt who are continuing to generate income to get themselves back to even ground with their debts and to put the portions of debt that they cannot pay behind them. The process of moving through a Chapter 13 Arizona bankruptcy is somewhat involved and should be handled with the help of experienced Arizona bankruptcy lawyers.
A Chapter 13 Arizona bankruptcy case involves the filing of a plan with the court that provides for payments on existing debts for what is usually a period of three – five years. During the duration of this plan, payments are sent to creditors on a monthly basis that over time pay off at least a portion of their debts, and when the plan is complete the remaining amount of debt is discharged, or basically eliminated. Most importantly, there are options and steps available within this chapter that allow debtors to retain their assets that include their homes and their vehicles.
How Phoenix Bankruptcy Lawyers Can Help
No two financial situations are ever exactly alike, but fear of losing assets is not a reason to take the first step towards putting a plan together to put an end to monetary stress. If you’re ready to move out from under debts that you cannot catch up to, contact the experienced Phoenix bankruptcy attorneys at Phillips Law Group today to schedule a free initial consultation.
Free Case Evaluation
By submitting your contact information, you agree that we may contact you by telephone (including text) and email in accordance with our Terms and Privacy Policy

Your message has been sent
Thank you for your message, we will get back to you soon.
Categories:
- Auto Accidents
- Business Litigation
- Class Action Lawsuits
- Defective Drug
- Defective Products
- Employee Rights
- Employment Law
- Firm News
- Local
- Medical Malpractice
- Motorcycle Accidents
- Nursing Home Abuse
- Pedestrian Accident
- Personal Injury
- Premises Liability
- Product Liability
- Slip and Fall
- Social Security Disability
- Workers' Compensation
- Wrongful Death
-
Jasmine helped me so so much I want to thank her ! And also Aaron , i was always scared after an accident , knowing I would have to deal with lawyers but not here . Luckily I’ve only been in 3 accidents but this time it was fast and easy . And i received all the treatments I needed to help me recover ! Thank you Jasmine and Aaron!
-
Sophia H is very helpful.
-
Phillips Law Group does so much for the community!!! I especially enjoy seeing Juan Roque out there. This gentle giant always has a smile on his face and is a part of a caring and giving team.
-
The lawyers here are of top quality. Especially Trey Dayes, who was always respectful and hard-working.
-
Thank you Phillips Law Group for all the support and back to school assistance we appreciate it.
-
My review is for Kathy Hudson a legal assistant at the law firm. She is great! She is very professional and a fair based person. She was never rude to me and always called me back. She listened to me and had my best interest as number 1. Mr Nasir who is a supervisor at law firm also was very professional and helpful. Not sure if spelling his name correctly but sorry if not. As far as mr Ross and the lady that runs the front desk reception I would say they are the most unprofessional and rude people I have met at a law firm in my life especially beings they were representing me. But Kathy made it overall a better experience. Thx Kathy.
-
Liz was great
-
Great company and awesome service. Thanks Caroline fabos. Kudos to all.
-
It’s an Honor and a Privilege to work for a company that cares about its employees and clients for 12 years. I’ve seen Management go out of their way to help someone whether it’s a personal matter or work related. I am also reminded of many occasions where a Client needed urgent help and we as a Team were able to get the person immediate assistance. At Phillips Law we make that happen through Teamwork and a dedication to our profession. I’ve had numerous jobs in several other fields, those were just jobs. This is a home. Many of us have been here for quite a few years, it feels like one large extended family.
-
Many companies talk about teamwork but few practice it. Many companies talk about an employee friendly environment but few actually provide it. At Phillips Law Group the foundation of our success is making sure we work as a team and that we work in an environment that allows everyone to thrive and be at their best every day. Our firm understands that in order for the client to have a great experience the people responsible for that client’s case must be given all the necessary tools and encouragement to make that happen. That’s the Phillips Way. As a manager of this firm in charge of several employees as well as directly affecting the client’s experience I take tremendous pride in saying we live by these premises and we work hard to build on them and make them better every day. This is an amazing place because it has amazing people working here!