Fresh Start: Eliminate Most Unsecured Debts
Filing for Chapter 7 bankruptcy in Phoenix, Tucson or Flagstaff, Arizona may eliminate most kinds of unsecured debt. Some examples of unsecured debts Chapter 7 may eliminate:
- Credit cards.
- Medical bills and medical debt
- Most personal loans
- unsecured loans
- unpaid household bills
- Judgments resulting from car accidents
- Deficiencies on repossessed vehicles
Filing for Chapter 7 bankruptcy protection in Tucson, Phoenix, Flagstaff Arizona will only be possible for those who have an income that is below the median for their state and don’t have non exempt assets that they wish to protect.
Effect of Bankruptcy of Unsecured Debt
Credit cards, unsecured loans, payday loans, medical debt, repossession deficiencies, and unpaid household bills can be eliminated by filing a chapter 7 personal bankruptcy.
Some of the debts that will not be dischargable with a Chapter 7 bankruptcy include:
- Most student loans
- Clear unpaid federal taxes
- Secured credit card debt
- Child maintenance or alimony payments under the current laws
To find out which of your debts may be able to be eliminated through bankruptcy, you can either visit one of our Tucson and Phoenix area offices for your FREE consultation or set up a FREE Phone Consultation with one of our helpful Phoenix or Tucson bankruptcy lawyers. Schedule you free consultation today by calling (480) 263-1699 or (520) 306-8729 or by filling out our online form.
