ADVANTAGES AND DISADVANTAGES OF BANKRUPTCY IN MESA
Turn a financial disaster into a financial success!
What Bankruptcy Can Do For you Today
Put a Stop to the (endless) collection calls and harassment by creditors.
Protect Your Home
Put a Stop to all collection letters.
Preserve and keep your business
Put a stop to bank garnishments
Eliminate dischargeable IRS Debt and Arizona State Taxes
Put a stop to all Lawsuits
Stop and resolve wage garnishments.
Put a stop to any foreclosures, evictions, or repossessions.
**You may also be able to discharge your unsecured debt through bankruptcy protection (credit cards, medical bills, unsecured debt, financial loans, lines of credit, personal loans, payday loans)
Chapter 7 Bankruptcy Benefits:
Additionally, the federal bankruptcy code is favorable for debtors who have difficulty paying their bills. Furthermore, if you decide to move forward with bankruptcy protection, you may reap the benefits which Arizona provides to its residents in a Chapter 7 bankruptcy:
Debt relief from unsecured balances
A financial fresh start and clean slate
An end to creditor harassment
Your life back!
Chapter 7 Bankruptcy Filing Disadvantages:
Some debts are non-dischargable in a Chapter 7 bankruptcy (i.e. child support, alimony)
Luxury assets (such as a second home) could be liquidated in a Chapter 7
