uscourts gov bankruptcy courts
Planning Your Bankruptcy: The Steps We Need You To Take
Before we meet with you in person, there are a few things we need you to do in preparation for your Arizona bankruptcy. If you’re like most people, you have been thinking about bankruptcy for a while but made the final decision to go through with it… and now you’re ready to fly through the process…
Before you drive to your Phoenix bankruptcy lawyers at 80MPH, have these things organized and ready. Once you start asking questions, we start asking questions, and your Arizona bankruptcy case will go much more smoothly and much more quickly when the below steps have been taken.
1. A list of your debts: gather every piece of data that shows how much you owe and to whom. There will be two categories here–one is secured debt and the next is unsecured debt. When compiling all your data, add these two types of debt in separate categories, not under one giant umbrella. If you’re just not sure, the least you should do is compile all the information about what you owe. Bring documentation to your Phoenix bankruptcy lawyer in addition to the list of secured and unsecured debts you have made yourself.
2. Find out the value of your car(s): You need to know the value of any and all vehicles you have in order to file for bankruptcy in Arizona. The best and easiest way to find this out is to visit the Kelley Blue Book Online (which you can do by clicking on the link). Add these amounts up under a separate heading for vehicles. ALSO, if you have other vehicles, such as RVs, motorcycles, etc. you’ll need to include those on your list as well. You can check on the value of other types of vehicles by visiting Kelley’s “other vehicles” page.
3. Know the dates: are you just about to be foreclosed on? Are there any lawsuits in which your default date is right around the corner? Jot these dates down in another column or simply make organized notes of all of these dates.
4. The value of your home: There’s a great, simple, and free Website you can use to help you determine how serious the debt on Your home is. What you’ll want to do is visit www.Zillow.com. Before you sit in front of the computer, have your most recent mortgage statement on hand. what you’ll do is plug in into about your house into Zillow and it will give you the estimated value so you will know how much equity you have in your real property when you meet with your Phoenix, AZ bankruptcy lawyer.
5. Create a list of questions: be as detailed as possible. A great place to start is the Arizona Bankruptcy court website located at azb.uscourts.gov. There are many useful resources on the site that can get the wheels turning — it will bring up questions, thoughts, and ideas you wouldn’t otherwise have had. While on the bankruptcy court site, check out the Arizona bankruptcy FAQ.
Of course, these bankruptcy preparedness steps are just the beginning and your Arizona bankruptcy lawyer will have questions for you that may send you home to dig up paperwork and so on. Remember though, the Phoenix bankruptcy lawyer works for you. Your best bet is to create a good working relationship with her so things Move along quietly and with as little stress as possible.
If you have any questions about bankruptcy or pre-bankruptcy, call Thompson Law Firm today by dialing (480) 634-7480.
About the Author
