You Have Options in Seeking Debt Relief
If you are considering filing for consumer bankruptcy under Chapter 7 — sometimes referred to as a liquidation bankruptcy — a basic "means test" is now used to determine whether or not you qualify. The means test was introduced by new bankruptcy legislation in 2005. While it is clear that the banks and credit card companies were hoping the new bankruptcy laws would force more people to file under Chapter 13 by making it harder to qualify under Chapter 7, this is not necessarily the case.
In other words, regardless of the new bankruptcy laws, you should not assume that Chapter 7 bankruptcy is not an option for you. Your best course of action may be to sit down with an experienced bankruptcy attorney to discuss all of your options.
At Clark Law Offices, we offer answers and guidance in a free consultation. During your visit to our offices in Phoenix, Mesa or Glendale, you will have an opportunity to talk one-on-one with a bankruptcy lawyer who will go over the specifics with you step by step. We will lay out the options that are available to you and discuss the advantages and disadvantages of each.
Our goal is to help each and every client come to the decision that is best for them. You will never experience pressure to file bankruptcy at Clark Law Offices. What you can expect is a straightforward conversation about your circumstances and the various options available for finding real freedom from overwhelming debt.
Contact our offices today to schedule an appointment with an experienced Arizona Chapter 7 bankruptcy lawyer.
Our offices are conveniently located in Phoenix, just south of the Biltmore, minutes from Hwy 51, and in downtown Mesa.
