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Bankruptcy Attorneys Arizona

Read this infographic to learn about types of bankruptcy claims in Arizona and know how our Goodyear bankruptcy filing attorneys at Phoenix Fresh Start Bankruptcy Attorneys can help you to get you the fresh start you deserve. Call us today at 623-404-2476.

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Bankruptcy Attorneys Arizona

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  1. BANKRUPTCY ATTORNEYS ARIZONA Bankruptcy filing is a federal legal process which allows debtors (those who owe debts) to eliminate (“discharge”) their personal liability on or “reorganize” their debts. The bankruptcy filing laws are designed to balance the interests of debtors in achieving those goals with the rights of creditors (those to whom the debtors owe money) to get paid. In general terms, bankruptcy filing allows those without the means to pay to be excused from paying on their debts. Types of Bankruptcy Claims in Arizona Priority Unsecured Claims Priority unsecured claims are claims that are not secured by collateral but that have priority over other debts under federal law. General Unsecured Claims General unsecured debts include credit card debts, student loans, personal loans, some utilities, and medical bills. Secured Claims Secured claims are claims for debts that are secured by an interest in a property. A secured creditor can take that property, the collateral, if you disregard on the debt. Contact Us 2990 N Litchfield Rd, Goodyear, AZ 85395, USA 623-404-2476 info@phoenixfreshstartbankruptcy.com phoenixfreshstartbankruptcy.com

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