Financial problems occur for many reasons, including medical bills, getting behind on credit cards, or even the loss of a job. When they do, and it becomes too hard to stay on track, it is time to call a bankruptcy attorney in Kingman, AZ, to help you. There is no obligation and no cost to speak with our legal team at Want a Fresh Start, but we can provide you with clear, honest, and detailed information about whether bankruptcy could be the right decision for you.

Why Bankruptcy Provides You with a Fresh Start You Deserve

In Kingman, AZ, many people find themselves facing financial difficulty. No matter if you are in this position through no fault of your own or made some mistakes along the way, you have the legal right to pursue bankruptcy if you cannot meet your financial obligations. Declaring bankruptcy means that:

  • You can stop creditors from calling and harassing you as soon as today.
  • Garnishments on your wages can stop immediately.
  • The foreclosure process is frozen until a decision can be made, meaning you can stay in your home.
  • You get a chance to either discharge – wipe your debt clear – or reorganize the debt to make it easier for you to pay.
  • In a matter of a few months to years, you will be on your way to creating a healthy financial future for yourself.

Declaring bankruptcy is a right under the U.S. Constitution, and when you meet those requirements, you deserve the fresh financial start it can offer.

Determine if You Are Eligible for Filing Bankruptcy in Kingman, AZ

One of the first steps to take is to meet with our bankruptcy lawyer in Kingman, AZ, to discuss your specific situation. The state of Arizona has specific requirements you must meet in order to file, depending on the type of bankruptcy you file. Here are some factors to consider.

You have very few assets you want to keep

If you owe money to a lot of people and do not own many assets, you may be able to file Chapter 7 bankruptcy. In this method, your debts are discharged, meaning you do not have to repay them, and any excessive assets you own are sold by the court to put towards that owed debt. To qualify for Chapter 7, you must pass the Arizona Means Test, which demonstrates that your income is not above the median income for the region.

You have a lot of assets you do not want to lose

In situations where you have a significant amount of asset ownership, such as equity in your home, a business, or a savings account, you may be eligible to file Chapter 13 bankruptcy. This type of bankruptcy allows you to rework your debt to make it easier to pay over the course of 3 to 5 years, and after that point, any remaining debt is discharged. If you have filed for bankruptcy in the past or have income above the median required level, consider the value of filing for Chapter 13 bankruptcy.

What You Can Expect When You Hire Our Bankruptcy Attorney in Kingman, AZ

Hiring a bankruptcy attorney in Kingman, AZ, gives you the support and guidance you need to make the best decisions for your financial future. Bankruptcy is not the right decision for everyone. Our attorneys are open and honest with you about its limitations and its consequences.

Beyond this, there are several key reasons why you should reach out to our bankruptcy attorney to learn more about your right to file in Arizona.

  • Free consultation: When you meet with us, we will provide you with an honest and professional consultation to discuss the value and benefits of bankruptcy, the process, and the costs.
  • Affordability: We strive to be one of the most affordable bankruptcy attorneys available today. We believe our clients deserve the right to a fresh financial start.
  • Complicated case help: If you have a complicated bankruptcy case for any reason, our experienced and trusted attorneys will help you navigate your legal options.

We have experience working with people from all walks of life who are facing financial difficulty. From bad business decisions to overwhelming medical bills, our legal team will offer you clear insight into your options.

When to Consider Bankruptcy in Arizona

The decision to file bankruptcy is based on your financial health, long-term ability to repay your debt, and eligibility set by the government. There are numerous reasons why you may wish to consider bankruptcy.

  • Some of your assets could be protected. Due to bankruptcy exemptions in Arizona, you may be able to protect many of your assets, including personal items.
  • Wage garnishments could be eliminated. If you cannot get ahead because of wage garnishments, the bankruptcy process can provide at least temporary, if not long-term, relief for you.
  • Support for taxes, student loans, and child support. While you may not be able to discharge all of these debts, there is help available that could make them easier to pay, and we can help you.
  • Stop the foreclosure process. If your lender is trying to take your home from you, let us put an immediate freeze on that so that the court can decide what your options may be.
  • You cannot pay your debt. If you cannot pay off your debt within the next few years, bankruptcy could give you the support you need to build a better financial future.

Want a Fresh Start offers resources to help you determine what your financial options are. Even if you feel like you are stuck right now, bankruptcy could be a viable option. It is your right in situations where you cannot afford to make payments.

Schedule a Free Consultation with our Bankruptcy Lawyer in Kingman, AZ Now

When you work with our bankruptcy attorney in Kingman, AZ, you get honest, comprehensive, and fair support. We can help you decide which type of bankruptcy gives you the best shot at long-term recovery. Contact Want a Fresh Start now for a consultation to discuss your needs.