AWD LAW® has been helping Northern Arizona with bankruptcy for over 20 years. If you feel overwhelmed by debt, bankruptcy may be an option to get a clean slate.
We do free consultations for people who are interested in filing for a Chapter 7 bankruptcy. To qualify for a Chapter 7 bankruptcy as a single person, you must make less than $47,360 per year. A married couple with no dependents must make less than $60,761. If your income is over these limits, you may still qualify for Chapter 7 bankruptcy, as many expenses and debt payments may be deducted from your income. The income limit also increases for each dependent you claim on your taxes.
In a Chapter 7 bankruptcy, nearly all unsecured debt (debt that is not attached to any collateral) is dischargeable, except for student loans, most taxes and a few other types of unsecured debt. For most people, the large bulk of their unsecured debt is credit cards, which are dischargeable as long as the debts were incurred several months before filing (which means that you must stop using your credit cards for several months before you file for bankruptcy).
Kathryn Mahady, the partner who has run our bankruptcy department for six years, is experienced in and knowledgeable about the intricacies of Chapter 7 bankruptcy. Her goal is for your bankruptcy process to be as smooth as possible.
We charge a total of $2085 to file a Chapter 7 bankruptcy, which consists of a $335 filing fee, which we pay to the Bankruptcy Court for you, and $1750 in attorney’s fees. In addition to this $2085 payment to us, you will also need to take two different credit counseling programs, which cost a total of about $50.