Recent Blog Posts
Is There a Most Common Type of Bankruptcy?
Bankruptcy is a legal process that enables individuals and businesses to get relief from their debt by either liquidating their assets to pay off creditors or reorganizing their debts and creating a plan to pay off their debts. When a person or company files for bankruptcy, it is done under one of the chapters… Read More »
How Proposition 209 Could Affect Bankruptcies in Arizona
Bankruptcy laws are constantly evolving, and the latest development in this area is Proposition 209. This proposition has the potential to benefit average Arizona citizens who are filing for bankruptcy, and it could help people get out of poverty and deal with increased living costs. But the Proposition has sparked a fierce debate, and… Read More »
Which Debts Burden You the Most?
As the holidays near, stress can come from multiple angles, including traveling for family commitments, hosting guests, shopping, cooking and cleaning requirements, getting your professional obligations out of the way before everyone starts leaving the office, and the most troubling factor of all: Money. Whether you are already worried about how much the holidays… Read More »
Can My Arizona Bankruptcy Petition Be Denied?
An Arizona bankruptcy case normally begins when the debtor files a petition with the bankruptcy court. Whether the petition is filed by an individual, by spouses together, by a corporation, or by another entity, federal courts have exclusive jurisdiction over bankruptcy cases under the rules outlined in the U.S. Bankruptcy Code. Whether you file… Read More »
A Record Number of Americans Have Health Coverage Yet Medical Debt Remains a Leading Bankruptcy Factor
According to the United States Census Bureau, 8.6% of Americans — 28 million people — did not have health insurance at any point last year. Even with a record number of 91.4% of Americans — over 300 million people — covered by private, employment-based, or public health insurance, a new study from academic researchers… Read More »
Securing Your Future After Filing for Bankruptcy in Arizona
Our experienced Tucson bankruptcy attorney, Eric Ollason, knows the circumstances that lead individuals to pursue a bankruptcy in Arizona are often out of their control. We also know they result in immense financial pressure and overwhelming anxiety that is difficult to cope with — until you have a solution in place. While Chapter 13 and Chapter 7 bankruptcies… Read More »
Student Loan Forgiveness Programs That May Help Reset Your Finances
Our dedicated Tucson bankruptcy attorney, Eric Ollason, knows that one of the most overwhelming types of debt in the U.S. is the student loan. Unfortunately, they are also the lifeblood of higher education opportunities that can help launch careers. While education and student loans are inextricably linked, the outcome can be more than most… Read More »
Top Reasons to Regularly Check Your Credit Reports & Credit Scores
Our experienced Tucson bankruptcy attorney, Eric Ollason, knows that no one sets a goal to file for bankruptcy one day. In fact, most people who file for bankruptcy in Arizona are unexpectedly hit by overwhelming debt from medical bills, divorces, and job losses that they simply cannot bounce back from without help. We understand. We also… Read More »
How to Simultaneously Manage Increased Expenses and Debt in Arizona?
Our experienced Tucson bankruptcy attorney, Eric Ollason, knows that as inflation continues to surge, consumer prices are hitting peaks that have not been seen in a generation. Economists list multiple reasons for soaring prices, including the 2021 global supply chain crisis caused by the COVID-19 pandemic, and unexpected demands for certain goods. No matter how… Read More »
Dollar Amount Adjustments in the U.S. Bankruptcy Code Effective April 1, 2022
Our experienced Tucson bankruptcy attorney, Eric Ollason, provides the skill and guidance our Arizona clients need to pursue a fresh start from their financial challenges. When our residents are seeking answers to their most pressing bankruptcy questions, so they can address their overall financial concerns, our compassionate Arizona bankruptcy lawyer can help each person, couple, and family… Read More »
