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Category Archives: Bankruptcy

Bankruptcy and Car Loans: What Happens to Your Vehicle?

By Eric Ollason Attorney At Law |

Facing financial challenges is never an easy period. If you are considering bankruptcy, it is important to understand its implications on your car loan. What will happen to your car? Does filing for bankruptcy mean you don’t have to pay your car loan? These are some of the many questions that cross your mind… Read More »

How Does Filing for Bankruptcy Affect Child Support?

By Eric Ollason Attorney At Law |

Filing for bankruptcy can have significant implications, particularly regarding child support. Many individuals facing financial difficulties may wonder how declaring bankruptcy impacts their obligations to support their children. Whether you are considering bankruptcy or have questions about its consequences on child support, read on to better understand this crucial issue. The Relationship Between Filing… Read More »

What are Bankruptcy Exemptions?

By Eric Ollason Attorney At Law |

Bankruptcy can be a scary word. When one files for bankruptcy, you might think they will lose all their property and have to start from zero. However, this is and has never been the case. Bankruptcy gives you a fresh start by discharging most of your debts or reorganizing your payment plan over some… Read More »

How Often Do Bankruptcy Laws Change in Arizona?

By Eric Ollason Attorney At Law |

When one files for bankruptcy, they get a fresh start by discharging or reorganizing their debts so that they have control of their finances. While bankruptcy is a term that sends chills into the hearts of many, the process can be a massive relief to many in debt. Bankruptcy laws refer to the legal… Read More »

How Often Can You File for Bankruptcy in Arizona?

By Eric Ollason Attorney At Law |

We live in a world where financial troubles are unlimited. One may go through thick and thin with severe financial problems and substantial debt at some point, and when they think the storm is over, similar unexpected challenges emerge. When you face financial issues for the first time, you may opt to file for… Read More »

What is the Difference Between Chapter 7 and Chapter 13 Bankruptcy in Tucson?

By Eric Ollason Attorney At Law |

Dealing with overwhelming debt can be a challenging experience. However, individuals buried in debt can seek relief and regain control of their finances through the United States Bankruptcy Code. The two most common kinds of bankruptcy filings are Chapter 7 and Chapter 13, each catering to different financial situations. Understanding the critical differences between… Read More »

Are There Consequences for Filing for Bankruptcy in Arizona?

By Eric Ollason Attorney At Law |

Bankruptcy is a legal process that can help individuals and businesses struggling with overwhelming debt regain control of their finances. Depending on the type of bankruptcy filed, you can have all your debts discharged or restructured, providing some much-needed relief. However, filing for bankruptcy is not without consequences. Understanding the consequences of filing for… Read More »

How Can Filing for Bankruptcy Affect My Future?

By Eric Ollason Attorney At Law |

Deciding to file for bankruptcy is not easy, but it can relieve the burden of excessive debt and give you a fresh start. However, it is essential to recognize that bankruptcy can significantly impact your financial and personal life. For instance, filing for bankruptcy can lower your credit score and even hinder your job… Read More »

How Do I Prevent Filing for Bankruptcy?

By Eric Ollason Attorney At Law |

Debt can be overwhelming and stressful to the point of considering filing for bankruptcy as a way out. However, the consequences of filing for bankruptcy can be significant and far-reaching. Understanding ways in which you can prevent filing for bankruptcy and take control of your finances is essential. By taking proactive steps, you can… Read More »

How Do You Determine Which Chapter of Bankruptcy Fits Your Situation?

By Eric Ollason Attorney At Law |

Bankruptcy is a legal process that helps individuals and businesses struggling with debt begin anew by wiping out or reorganizing their debt. A bankruptcy filing can be a lifesaver if you are overwhelmed by debt. In Tucson, Arizona, there are several options for individuals and businesses considering bankruptcy, including Chapter 7, Chapter 11, Chapter… Read More »

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