Ariano & Reppucci, PLLC

Can you please explain to me, what is the difference between a chapter 7 and chapter 13 bankruptcy? Well folks, I am often asked this question and, while I am more than happy to answer it, it requires that we go back to Bankruptcy 101. Let’s start with chapter 7 Bankruptcy….. A person must first make sure [...]

In my opinion, the biggest roadblock to understanding a legal matter is simply the new vocabulary that comes with it. In bankruptcy if they simply called the debtor the “person filing bankruptcy” and petition the “endless stack of paperwork,” I think we would all be better off. But, alas,  that is probably wishful thinking. In order [...]

This is a common question that comes up with increased frequency between October and April, when tax season is just around the corner. So what do I say when a client sits down and asks me “Will I lose my tax refund by filing chapter 7 bankruptcy in Arizona?” The short answer: You Betcha. But, [...]

With rise in popularity of social networking sites such as facebook and twitter, the legal sector has felt aftershocks that were unimaginable just a decade ago. Don’t get me wrong, I am excited about all that technology has to offer. Consider the new live chat feature linked on our homepage. Gone are the days of unreturned phone messages and [...]

For those not accustomed to legal writing, I will let you in on a little secret: it can be a tough read. There were times in law school when 3 Red Bulls and a cold shower weren’t enough to get me through the night’s assignment (thank you Gilbert and Emmanuel). Occasionally though, I would stumble across a [...]

When weighing the possibility of bankruptcy, the aftermath of filing is often a big concern for my clients. While bankruptcy offers the relief of debt discharge, it also carries with it uncertainties regarding the accessibility of future loans. How will bankruptcy affect my credit score? When will I qualify for a mortgage after bankruptcy? Will I [...]

There is no denying that we now live in an age of information. It takes only minutes to pull up pages of online information about any imaginable topic. I am almost certain that I will someday be explaining to my children about the 26 volume Encyclopedia Brittanica I used in school. What a difference a few [...]

One of the most common bankruptcy questions I receive is whether you can keep your car if you file for Chapter 7 bankruptcy.  If you are not making payments on your car, you will be able to keep it if it falls under the Arizona car exemption statute.  However, if you owe money on your car, you are going to have to [...]