We have heard of attorneys encouraging people to max out their credit cards before filing bankruptcy. Our attorneys strongly disagree with this advice for several reasons. First it is dishonest. Some people would say that filing bankruptcy is dishonest in itself, so why not get as much out of it as you can. Filing bankruptcy…
What are the exemptions in Arizona, and what can I keep if I file bankruptcy? Each state chooses exemptions that apply in filing bankruptcy, and can either choose to allow use of the federal exemptions, or not. In Arizona the federal exemptions are NOT available, a debtor must use the state exemptions. In Arizona, the…
Some people have a “zero balance” on their credit cards. Many people, on the other hand, carry at least some debt on their credit cards and pay the monthly charges which may exist at the end of each monthly cycle. Whether you are a person in the former category or a person in the latter…
During this time of heightened concerns over COVID-19, The Carroll Law Firm, PLC is open and can provide telephonic appointments for many types of consultations.