Bankruptcy provides immense benefits to households that are drowning in debt and feel that they have nowhere else to turn. There are two main forms of consumer bankruptcy; chapter 7 bankruptcy and chapter 13 bankruptcy. They address debts in different ways, and have different eligibility…
There are quite a few legal notices that someone struggling with debt can receive that indicate that their financial situation is about to get even worse. Learning that a creditor has filed a lawsuit, is about to garnish the debtor’s wages, or foreclose on the debtor’s home are all situations that…
Continue reading How Is Life Different After Bankruptcy In Gilbert, Arizona?
The economy has been difficult and unpredictable for years following the pandemic. Last year also saw a change in presidential administrations, bringing changes that have rocked a variety of industries across the United States. If it wasn’t already hard enough to pay the bills in the United States…
Continue reading The 2025 Bankruptcy Rate In Arizona & Nationwide
For many women of a certain age, walking past a Claire’s store in a mall brings back memories of getting their ears pierced for the first time. Claire’s also sells jewelry, accessories, and other merchandise geared towards young girls. There are 1,260 standalone Claire’s locations across North…
Continue reading Iconic Ear Piercing Store Files For Bankruptcy
When it comes to fast and affordable pizza for delivery and takeout, there are two major contenders for the top spot: Domino’s and Pizza Hut. And with Pizza Hut’s reputation for low-quality pies, Domino’s appeared to have cemented its place as America’s favorite go-to for pizza. But even a…
Continue reading Hundreds Of Pizza Chain Locations Set To Close Due To Chapter 11 Bankruptcy Filing
Even if you’ve never stopped and thought about it, it probably seems logical that bankruptcy law requires that a debtor reside in a state for a certain period of time before benefiting from that state’s court system. Most types of legal matters typically have residency requirements, although they…
Continue reading Arizona’s Hidden Residency Requirement For Bankruptcy
The new year is here, and we can look back at 2024 in its entirety to determine causal factors and make predictions for 2025. The economy has been completely different ever since the COVID-19 pandemic, but because of eviction moratoriums, stimulus checks, and other efforts by the government, it…
Continue reading Experts Predict These Bankruptcy Trends For 2025
This summer I went to Colombia and there were not many options on how to get home, which resulted in me taking my first Spirit Airlines flight. I had long avoided them due to their reputation for mid-flight brawls and not allowing carry-on bags. While the only fights I witnessed were before…
Continue reading Spirit Airlines Contemplates Filing For Bankruptcy
Most American households carry at least some debt and might not be prepared for emergency expenses while living paycheck-to-paycheck . Since debt is so common, it can be difficult to discern between what is an ordinary financial situation and when debts have gotten out of control. However, there…
Continue reading 7 Signs It’s Time To Prepare For Bankruptcy
Now more than ever, shoppers understand the importance of a good deal. The cost of living has been increasing at a pace that far exceeds increases in salaries and other income. So when it comes to snacks, furniture, decorations, and other household items, shoppers want low prices, convenience, and…
Continue reading Big Lots To Close 12 Arizona Store Locations
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