On behalf of Ellett Law Offices , P.C. posted in 1. Personal Bankruptcy on Friday, March 23, 2012 Many Phoenix, Arizona residents have mortgaged homes, and a portion of them struggle on the edge of foreclosure. Tough economic times and inflated unemployment rates contribute to the situation, but as many have been discussing in the […]

On behalf of Ellett Law Offices , P.C. posted in 1. Credit Card Debt on Wednesday, March 14, 2012 Nearly 35 years have passed since the Fair Debt Collection Practices Act was enacted. The law set standards for how debt collectors could reach an in-debt party and it prohibited a variety of immoral and abusive […]

On behalf of Ellett Law Offices , P.C. posted in 1. Chapter 13 on Friday, March 9, 2012 The Administrative Office of the U.S. Courts recently unveiled new information regarding bankruptcy filings in the country. The data shows that over the past five years – spanning the subprime mortgage collapse – personal bankruptcy filings, such […]

On behalf of Ellett Law Offices , P.C. posted in 1. Personal Bankruptcy on Friday, March 2, 2012 Many government and financial professionals have feared that a student debt bubble was growing over the years; one that, if popped, could financially devastate the country. After cracking the $1 trillion mark recently, student loan debt surpassed […]

On behalf of Ellett Law Offices , P.C. posted in 1. Credit Card Debt on Thursday, February 23, 2012 Just after New Year’s, we wrote a post about how consumer credit card spending increased during the month of November. Many economic analysts believe it was part of a natural trend where consumers bust out the […]

On behalf of Ellett Law Offices , P.C. posted in 1. Credit Card Debt on Tuesday, February 14, 2012 There are some signs that the U.S. economy is recovering from its recent recession, but the financial told the past few years has had on millions of Americans is still being felt. Many have no choice […]

On behalf of Ellett Law Offices , P.C. posted in 1. Chapter 7 on Thursday, February 9, 2012 No. Filing a bankruptcy will not cause you to lose your home. In fact, as long as you can afford your first mortgage, you probably can keep your home. Often through a chapter 13 bankruptcy, you can […]

On behalf of Ellett Law Offices , P.C. posted in 1. Personal Bankruptcy on Thursday, February 2, 2012 Kodak filed for bankruptcy two weeks ago, and there has been a backlash from employees concerning the rapid demise of the company. These employees have invested time, energy and money into the company, and for some, their […]

On behalf of Ellett Law Offices , P.C. posted in 1. Credit Card Debt on Monday, January 23, 2012 We discussed the debt collection practices of Capital One in December, outlining the aggressive and harassing methods they used to recover money from debtors. In quite a few of the situations involving Capital One, the debtor […]

On behalf of Ellett Law Offices , P.C. posted in 1. Personal Bankruptcy on Thursday, January 19, 2012 During the past few years as economic times have grown difficult, personal bankruptcy rates have seen a natural rise. Phoenix residents are all too familiar with filing for bankruptcy as the state of Arizona has been hit […]