At Marty Martin Bankruptcy Law, we understand that sometimes we get ourselves into financial situations that are difficult to recover from. Earnings may not be enough, minimum payments may not get met, and life events may cause someone to incur debts that they didn’t have before. When selecting a team to assist you with your bankruptcy process, it’s important to assess experience and personal dedication to your case. You can trust our Glendale, AZ bankruptcy lawyer to watch out for your best interests, provide information that allows you to make confident decisions, and guidance on how to move forward. Your financial situation can get better. Contact us today to learn more about the resources and strategies available to you.
How We Help The Bankruptcy Process
The bankruptcy process starts by identifying whether the financial issues that you and your family are experiencing can benefit from this resource. When consulting with you, our Glendale bankruptcy lawyer may ask that you bring in pay stubs to show your earnings and statements for debts so we can determine what type of bankruptcy you qualify for. Pay stubs are important because there are limits to the amount of income someone can make in order to meet the requirements for certain types of bankruptcy. Our bankruptcy attorney can assess your income and do a means test which will let us know if you qualify.
Whether Bankruptcy Is Right For You
After consulting with you, we will determine whether bankruptcy is the right choice. Financial documents will be useful during our evaluation, such as statements of earnings, last couple years of tax returns, and copies of your vehicle or other property titles. Our bankruptcy attorney can obtain a copy of your credit report so that we are aware of the extent of your debt situation. Your financial documents will be used to fill in the details of a bankruptcy petition. This petition lists what you own, your creditors, budget of your income, and expenses.
At this point, the petition is electronically filed to the bankruptcy court and they will inform creditors of your filing and the rules that they have to adhere to. As our bankruptcy attorney explains, creditors are no longer permitted to take collection efforts against you. Even if you have been sued or had your wages garnished, the bankruptcy case halts any and all further collections against you.
Marty Martin Bankruptcy Law
At Marty Martin Bankruptcy Law, our team knows how stressful debts can be. We have consulted with many people just like you, who are struggling to make ends meet while dealing with their debts. It is possible that you just do not make enough to pay back your debts, and you do not see a change in the near future. Let our Glendale bankruptcy lawyer help you discharge or organize your debts so they become more manageable. We can recommend which bankruptcy chapter to file for so it suits your needs. For more information, we can speak with you today!