Bankruptcy Attorneys In Nogales, Arizona
Nogales, Arizona received its name because of the “black” walnut trees which grew in abundance along the mountainous pass linking Nogales, Arizona to Nogales, Sonora, Mexico. These same “black” walnut trees can still be spotted in and around some areas around town.
Nogales is a city which is in Santa Cruz County and was home to 30,837 as of the 2010 census.
Because of its location, Nogales is estimated to funnel tens of billions of dollars in international trade into the United States per year. The majority of these goods are manufactured goods and fresh produce from Mexico, though deep sea imports also make their way through via Guaymas, Mexico. This trade is credited for supporting thousands of jobs throughout the state of Arizona.
Cross Border Trade Supporting Local Economy
Both the economies of Nogales, Arizona and Nogales, Mexico are heavily reliant on the cross-border trade through their Ports of Entry. The majority of Nogales’ economy is based on what is known as “agribusiness” and produce distributors. This produce comes from large farms in Mexico’s agri-belt.
Despite the local economy seeming to be booming, financial hardship is prevalent in Nogales. According to the 2000 census, 30.8% of families and 33.9% of the general population were below the poverty line. 41.2% of those were under the age of 18 and 32.9% of those were 65 years of age or older.
When Chapter 13 Becomes an Option
Some individuals may want to consider filing for Chapter 13 bankruptcy. In a Chapter 7 bankruptcy, most if not all of your debts are pardoned but some assets may need to be surrendered. In a Chapter 13 filing, you will be able to maintain your assets but you will need to pay back some or all of your debs over a certain period of time (typically within three to five years).
Chapter 13 bankruptcy is often referred to as reorganization bankruptcy and may be an appropriate solution for those who:
- Can prove that they can afford to meet payment obligations
- Have a manageable debt burden
At the law office of Eric Ollason, our Tucson bankruptcy attorney can help assess which approach is best to help you lessen your financial burden, come to an amicable solution and provide you with a positive financial outlook. We offer judgement-free guidance to anyone who is facing financial difficulties.
To arrange for your free and confidential consultation, call us today at (520) 791-2707.
DIRECTIONS TO ERIC OLLASON ATTORNEY at LAW, LLC
182 NORTH COURT AVENUE TUCSON, AZ
Directions are from Google Maps starting from:
Total Est. Time: 1 h 5 min
Total Est. Distance: 66.6 miles
- Head northwest on N Wayside Dr toward N Morley Ave
- Turn left onto N Morley Ave
- Turn right onto W Park St
- Turn right at the 1st cross street onto N Grand Ave
- Turn left onto W Crawford St
- Turn left onto N Sonotia Ave
- N Sonotia Ave turns slightly right and becomes I-19 N/Compound St
- Continue to follow I-19 N
- Use the left 2 lanes to merge onto I-10 W toward Phoenix
- Use the right lane to take exit 258 toward Congress St/St Marys Rd
- Use the right lane to merge onto S Freeway
- Turn right onto W Congress St
- Turn left onto N Granada Ave
- Turn right onto W Alameda St
- Turn left onto N Court Ave
- Destination will be on the right
We are located at:
182 North Court Avenue
Tucson, AZ 85701