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Bankrupty and Pension Plans
Filing for bankruptcy normally does not affect your pension. The law takes the position that you should have enough money to live on once you are unable to work, so creditors do not have an automatic right to confiscate your pension fund assets. However, there are some exceptions to this rule, so it is important…
Do I Have To Give Up My Car In Bankruptcy?
For many who file bankruptcy in Arizona, what happens to their cars and their homes are the two biggest concerns. Debtors are concerned with having a home in which to live and a vehicle to drive back and forth to work. Without either of these things, it would be very difficult for the debtor to…
Shooting May Be a Hate Crime
According to reports, Phoenix police are investigating a shooting at a Mexican restaurant that could be an anti-gay hate crime. Investigators have concluded that two groups of people were involved in a fight at Julioberto’s, a Mexican restaurant in Las Vegas, around 3:00 a.m. The incident began as a verbal altercation, which escalated to a…
Sex Trafficking Suspects Arrested in Phoenix
Four men were arrested and pled guilty in an alleged sex slave operation in Phoenix, according to reports. Charles Bunnell, Steve Currence, Edward Kandl and Edward Stevens were given sentences ranging from 60 months to 108 months for their roles in keeping prisoners in their homes for sexual gratification. All the men but Bunnell were…
What Is An Involuntary Bankruptcy Case?
Most bankruptcy cases are filed by debtors who want to receive a discharge from the court. However, there are also cases known as “involuntary bankruptcies” in which the creditors bring a debtor to court to force him or her to file bankruptcy and liquidate assets. A bankruptcy attorney like those at the Oswalt Law Group…
New Bankruptcy Forms for 2015
As of this spring, Arizona requires the use of new forms for several important aspects of bankruptcy cases. If you have not learned about these new forms, do not try to complete your bankruptcy filing until you have had a chance to talk with an experienced bankruptcy attorney about the implications. New Forms for Arizona…
Explaining Bankruptcy To Your Family
Some people are reluctant to tell others that they have made the decision to file bankruptcy. They may feel that they will be looked down upon or treated differently by friends and loved ones if they confess to being unable to pay their bills. In addition, many of those who file bankruptcy have been raised…
Freeway Shootings Leave Police Puzzled
A series of shootings on an Arizona freeway have led to the formation of a task force combining officers from a number of different agencies, including the FBI. According to recent reports, there is little evidence to lead to an arrest. In fact, there have been no witnesses, little physical evidence and no indication that…
Assessing Your Assets
Under Arizona bankruptcy law, debtors are allowed to exempt some of the value of their assets from creditor deprivations. This means that you can shelter or protect a certain amount of assets by declaring them exempt. However, it is very important that you make good decisions regarding what assets you choose to protect. Since you…