Bank Balances and Bankruptcy

The money in your bank account on the day you file belongs to your bankruptcy estate. In the eyes of the law, the money in the bank is yours, even if you have written checks that have not yet cleared the bank. *The money from Pending Payments or uncleared checks is...

Automatic Stay of Bankruptcy

Understanding the Automatic Stay One essential concept within bankruptcy law is the automatic stay, a crucial provision that offers immediate relief and protection to debtors facing financial distress. The automatic stay is one of the biggest benefits to someone...

What Is a 341 Hearing?

Approximately 30 to 45 days after your bankruptcy case is filed, you must attend a 341 hearing in the bankruptcy court house, there are several reasons for the 341 hearing. The first reason for the meeting is because it is required by the bankruptcy code. All...

Reaffirmation Agreements

A reaffirmation agreement is a contract made between a debtor and a creditor during a bankruptcy proceeding. In this agreement, the debtor agrees to continue repaying a specific debt even after the bankruptcy case is concluded. The debt remains valid and unaffected by...
Phoenix Bankruptcy Courthouse

Phoenix Bankruptcy Courthouse

The Phoenix, Arizona Bankruptcy Courthouse is located in downtown Phoenix on the corner of First Avenue and Monroe Street. U.S. Bankruptcy CourthouseClerk of the Court:230 N. First Ave., Suite 101Phoenix, Arizona 85003Phone: 602-682-4000Website:...