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 Should You do if a Tenant Files Bankruptcy? A landlord must immediately stop an eviction if a tenant files bankruptcy. If you receive a notice from the bankruptcy court that a tenant you are trying to evict has filed bankruptcy then stop the process! Bankruptcy...
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...
Adversary proceeding- A lawsuit arising in or related to a bankruptcy case that begins by filing a complaint with the court, that is, a “trial” that takes place within the context of a bankruptcy case. Affidavit- A written or printed statement made under oath. Assets-...
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:...
Who Must Complete the Initial Credit Counseling Course? Everyone filing for bankruptcy must complete a pre and post-filing, credit counseling course. This is true whether filing for a Chapter 7 or Chapter 13 bankruptcy. Additionally, if married, both spouses must...
