Archives for October 2012

On behalf of Ellett Law Offices , P.C. posted in 1. Chapter 7 on Wednesday, September 26, 2012 When consumers owe large amounts of debt, they can easily fall behind on their payments. This can create serious problems and repercussions for consumers in Arizona and elsewhere. Along with damaging credit scores, falling behind on debt […]

On behalf of Ellett Law Offices , P.C. posted in 1. Personal Bankruptcy on Tuesday, September 4, 2012 Bankruptcy is a difficult time for anyone, and may involve a lot of hard decisions involving what assets to sell off to satisfy creditors. Even when an individual is cooperative in doing what they must to turn […]

On behalf of Ellett Law Offices , P.C. posted in 1. Personal Bankruptcy on Thursday, August 30, 2012 Over the last several months Phoenix has seen significant dips in the number of bankruptcies in the area. Most recently, it’s said that bankruptcies declined by 14 percent in July. But what does this actually mean for […]

On behalf of Ellett Law Offices , P.C. posted in 1. Chapter 13 on Monday, August 20, 2012 With the latest summer Olympics wrapped up, the eyes of Phoenix sports fans are on our athletes as they return home with victories and medals to prove it. As celebrity status goes, though, this attention can draw […]

On behalf of Ellett Law Offices , P.C. posted in 1. Chapter 7 on Wednesday, August 15, 2012 Some encouraging news has been released regarding the status of the United States economy. A recent report has stated that bankruptcy filings for businesses, which include those seeking Chapter 7 protection, have declined in the last 12 […]

On behalf of Ellett Law Offices , P.C. posted in 1. Credit Card Debt on Tuesday, August 7, 2012 Credit cards are commonplace for many Phoenix consumers, as is the growing presence of credit card debt in Arizona and across the nation. Credit card debt is one that can build up unexpectedly and become a […]

On behalf of Ellett Law Offices , P.C. posted in 1. Chapter 7 on Wednesday, August 1, 2012 When a Phoenix individual or business is faced with levels of debt that are higher than their available assets there are often limited options for their financial future. Commonly, individuals and businesses turn to bankruptcy, Chapter 7, […]

On behalf of Ellett Law Offices , P.C. posted in 1. Credit Card Debt on Tuesday, July 24, 2012 College time is just around the corner, and with it thousands of new college freshmen will be off to start their undergraduate careers. During this time, Phoenix parents are faced with a dilemma: sending their newly […]

On behalf of Ellett Law Offices , P.C. posted in 1. Chapter 7 on Monday, July 16, 2012 When businesses in Phoenix decide to file for bankruptcy, a decision must be made on which bankruptcy type to file under. The two most common of these filings are Chapter 7, in which a company liquidates assets […]

On behalf of Ellett Law Offices , P.C. posted in 1. Personal Bankruptcy on Monday, July 9, 2012 The number of bankruptcy filings across the country is slowly returning to pre-recession levels, but that may not be a sign that Phoenix households are out of the woods yet. According to some observers, due to legislation […]