Bankruptcy Lawyers in Prescott Valley, Arizona
We understand how anyone can encounter unfortunate circumstances. With the current the economy, bankruptcy filings nationwide have increased. Many people are finding filing for bankruptcy protection may be the only effective way to deal with the financial issues they face.
At the law office of DeRienzo & Williams, PLLC, our firm represents those overwhelmed by debt. We handle bankruptcy efficiently, applying our experience with the legal system. We work to ensure you understand your options for dealing with debt. We take the time to review your situation and discuss with you how to proceed.
What is Chapter 7?
A Chapter 7 bankruptcy discharges almost all debts. Because debt is virtually eliminated, this type of bankruptcy is often called a "fresh start." Chapter 7 allows you to regain control of your finances. However, to be eligible for filing a Chapter 7, you must clear the Means Test. This is a formula is used to determine your ability to repay debt. If you are not eligible for filing a Chapter 7 due to the fact your calculated income is above the median for filing in Arizona, you are still are able to file a Chapter 13.
What is Chapter 13?
Another type of bankruptcy filing may be made under Chapter 13 of the Bankruptcy Code. By filing for Chapter 13 bankruptcy protection, you are able to develop a plan to repay your most of your debts. A Chapter 13 may allow you to protect your home from foreclosure and permit you to cure an arrearage of mortgage payments.
Our firm is experienced with other bankruptcy issues, such as:
- Stopping creditor harassment
- Foreclosure
- Bankruptcy information and help
- Foreclosure
- Maintaining ownership of homes, cars and other property
- Credit card debt
For more information on Chapter 7, Chapter 13 or other bankruptcy related issues, contact an attorney at DeRienzo & Williams, PLLC today. We can meet personally with you to review your case and determine the best way in which to pursue a resolution to your financial situation.
DeRienzo & Williams, PLLC
3681 North Robert Road
Prescott Valley, AZ 86314
(928) 759-5572
(928) 759-5573 (fax)
DeRienzo & Williams, PLLC, provide legal advice and representation to residents of Prescott Valley, Arizona, and surrounding communities, including Camp Verde, Chino Valley, Cottonwood, Dewey, Flagstaff, Humboldt, Kirkland Junction, Mayer, Page, Prescott, Sedona, Spring Valley, and Wilhoit, AZ. We practice primarily in Yavapai County and Coconino County.
