Get the facts when filing for your Chapter 11 Bankruptcy case!
Looking for Bankruptcy information? No matter what type of circumstance you are in that you may need to claim Chapter 11 Bankruptcy the first part of ensuring your case is handled properly, to understand the difference between Chapter 7, Chapter 11 and Chapter 13 Bankruptcy and knowing what is the best for you & your business. Our law firm offers FREE consultations and affordable payment options on any Bankruptcy case.
Understanding the laws of Chapter 11 Bankruptcy and knowing that you have a qualified and experienced Law Firm on your side is the difference between a proper discharge and not.
Chapter 11 Bankruptcy is typically a great way to continue to keep your assets through your organization period. This option of Chapter 11 Bankruptcy is typically for a small business owner who may owe too much money to meet the Chapter 13 Bankruptcy filing. Chapter 11 Bankruptcy is available to individuals who own and operate a small business and only individuals may file for Chapter 11 Bankruptcy. This type of filing would be most popular for business operating via a LLC or INC and would be best known through the media from GM or United Airlines Chapter 11 Bankruptcy filing. Unlike Chapter 13 Bankruptcy, Chapter 11 typically has a higher debt ceiling. Although Bankruptcy is a viable option, you must still quality to file Chapter 11 Bankruptcy and the rules for filing may vary depending on the specific case when you file based on your income and expenses.
Lets take a look at a case with a client who who owns a Limited Liability Company or Cooperation who is located in Arizona. This client would possibly be eligible to file for Chapter 11 Bankruptcy, however this type of Bankruptcy can be expensive, risky, complex and very time consuming.
Whichever type of Bankruptcy that you want to file, there is quite a bit of information we will need from you.
Here is a shortened list of the basic stuff you should be sure to have with you:
- A complete list of all of your creditors, as well as what they claim you owe, the amounts as well as the addresses for each one.
- Your work history, where you work and how frequently you are paid.
- A complete list off all of your property either purchased or mortgaged.
- A complete list of all of your living expenses per month.
To file Bankruptcy in Arizona:
You must be an Arizona resident and have resided in Arizona for at least 90 days from the filing. If you have just moved to Arizona than your case cannot be filed until you have been in Arizona for 90 days. Once the 90 day mark has been reached we can start on your Bankruptcy case immediately.
You must visit or call our office for a FREE consultation. To schedule your FREE appointment, please call: (602) 262-4357 or use our contact us form on our website so that we can schedule a call with you when your available.
After we’ve discussed your specific Bankruptcy case we will then agree on fee’s and after making your first payment, The Wesbrooks Law Firm, PLLC will accept all of your harassing creditor phone calls on your behalf. You may tell your creditors to call your Attorney at The Wesbrooks Law Firm, PLLC. Representation will commence when the fee agreement has been signed and accepted by your Attorney.
Want to know more about Bankruptcy? Read our bankruptcy articles today!
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