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Recent Blog Posts

How Does Bankruptcy Affect Your Credit Score?

By Eric Ollason Attorney At Law |

Financial challenges can be overwhelming, and sometimes, individuals consider bankruptcy as a way to regain control. However, the decision to file for bankruptcy is a significant one with lasting consequences. One of the primary concerns for those considering bankruptcy is its impact on their credit score. This guide explores how bankruptcy affects your credit… Read More »

Who is Able to File for Bankruptcy?

By Eric Ollason Attorney At Law |

Bankruptcy is a legal process that provides individuals and businesses overwhelmed by financial challenges with a fresh start. However, not everyone qualifies for bankruptcy, and understanding the eligibility criteria is crucial before considering this option. In this guide, we will explore the key factors that determine who is able to file for bankruptcy. Types… Read More »

How Do You Know When it is the Right Time to File for Bankruptcy?

By Eric Ollason Attorney At Law |

Understanding when it is appropriate to consider bankruptcy is crucial in times of financial uncertainty. Getting through the complex aspects of personal finance can be challenging, and knowing the signs that indicate the right time to file for bankruptcy is paramount. This article will shed light on key indicators, giving you insights that empower… Read More »

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 »

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