A Professional Law Corporation Recipient of Phoenix Chapter 13 Trustees Award for Excellence Celebrating 20 years at our Phoenix Location Practicing Exclusively in Chapter 7 and Chapter 13 Bankruptcy

Contact Us

Locations:

  • Central Phoenix
    2001 E. Campbell Avenue
    Suite 103
    Phoenix, AZ 85016
    Phone: 602-252-7552
    Map and Directions
  • Mesa:
    1930 S. Alma School Rd.
    Suite A-115
    Mesa, AZ 85210
    Phone: 480-491-1000
    Map and Directions
  • Glendale:
    5540 W. Glendale Ave.
    Suite B-103
    Glendale, AZ 85301
    Phone: 602-252-7466
    Map and Directions

National Association of Consumer Bankruptcy Attorneys

Arizona's Finest Lawyers | Identifying Lawyer Excellence | Informing Client Choice

Chapter 7

Understanding Chapter 7 Bankruptcy

There are generally considered to be three types of debts in a Chapter 7 bankruptcy.  The first type would be non-dischargeable debts, or debts that you cannot discharge in bankruptcy, including, but not limited to,  student loans, drunk driving accidents, alimony, child support, debts ordered through a divorce decree, debts incurred through fraud or misrepresentation, recent credit card usage and certain taxes.  The second type would be secured debt.  These are debts owed to creditors that can take back the collateral if you do not make your payments to them, such as motor vehicle loans and real property mortgages.  The third type would be general unsecured dischargeable debt.  These are, generally, debts that you no longer owe upon the discharge of your case.

To learn more and to schedule an appointment with Mark W. Lischwe, contact us online or call 602-252-7552 to schedule your free initial consultation.

Hiring an Attorney

Filing for bankruptcy without an attorney can be quite daunting and very confusing. It is not only recommended that you have representation throughout the proceeding, but that you hire counsel that has experience in bankruptcy law.  The recent economy has created a multitude of individuals and companies that state they practice in the bankrutpcy area or that make many promises for other debt relief alternatives.   It is important to do your research and ask as many questions as you can, such as: 

  • How long have they been practicing law?
  • How long have they been practicing bankruptcy law?
  • What are the upfront fees?
  • Will there be any fees due upon completion?
  • What will be the total cost?
  • Do they hold appropriate licenses and insurance?
  • Will I be working with the same attorney throughout my case?
  • Will that attorney be in attendance at my 341 Meeting of Creditors?

Additionally, hiring an attorney should be like hiring any other professional.  You may want to seek a second, or even a third, opinion if you are not completely comfortable with the advice you were given.  You should also make a follow up call or appointment in the event there were questions forgotten or you need clarification of a previous answer.  It will be important that you feel you can communicate with your attorney and that they are familiar with you and your case.

 


Mark W. Lischwe represents clients throughout Maricopa County, including Phoenix, Mesa, Glendale, Tempe, Chandler, Peoria, Avondale, Scottsdale, Gilbert, Apache Junction, Surprise, Buckeye, Queen Creek, Sun Lakes, Ahwatukee, Anthem, Carefree, Cave Creek, El Mirage, Fountain Hills, Goodyear, Litchfield Park, Tolleson, Wickenburg, Youngtown and Sun City, as well as Coconino County, Gila County, Pinal County and Yavapai County. This office is a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us to schedule an appointment for a consultation of your financial situation, but please be advised that contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.