If you are struggling to make ends meet and the light at the end of the tunnel appears to be a train, give the Surprise bankruptcy attorney with McDonald Law Offices a call. Our Surprise chapter 7 bankruptcy attorney has been practicing for over 25 years and knows the Arizona bankruptcy laws.

A Chapter 7 Bankruptcy is a bankruptcy in which you seek to discharge as much of your debt as possible and obtain a fresh start. Our Arizona bankruptcy attorney will give you a complete review of what you can and can not do including a bankruptcy timeline from start to finish. The attorney will show how in Chapter 7 you can discharge most unsecured debts such as credit card debt, payday loan debt, medical debt, certain tax debt, and judgment debts resulting from lawsuits and deficiency judgments from repossessed cars or foreclosed upon homes.

We will explain the options that you have regarding secured debts. If you have secured debt such as an automobile loan or a furniture, appliance or electronics purchase, you can surrender the collateral, and have the debt discharged or if you would like to retain the collateral you can reaffirm the debt or enter into a redemption agreement. A reaffirmation agreement is an agreement with a creditor that is entered after the filing of the Chapter 7 Bankruptcy. Reaffirming the debt will result in waiving the discharge.

When you complete the Chapter 7 proceeding with one of our Arizona bankruptcy lawyers, the court enters a discharge which cancels most, but not all debts. In most of the cases that we file, our clients retain their assets or benefited from the proceeds prior to the filing of the bankruptcy. This is because our client either did not own any meaningful non-exempt assets, or after consulting with one of our experienced Arizona bankruptcy attorneys we were able to guide them through the process of legitimate pre-bankruptcy planning.

Please call us today to see if we can help you get the fresh start you need and deserve.