Why in the world would I file a chapter 13 bankruptcy, and pay a monthly payment for the next 5 years, when I could file a chapter 7 bankruptcy and eliminate my debt immediately? Good question. And believe me; you are not alone in wondering this. However, I have been doing this a while so [...]
Well folks, it’s time for part two of how to maximize your bankruptcy exemptions: lien stripping. Last week we discussed lien avoidance as a way to remove the secured status of certain lien that impair your bankruptcy exemptions. Today I want to say a few words about lien stripping, which refers to the stripping of [...]
I was recently asked to explain the difference between a lien avoidance and lien stripping, and I am happy to oblige. Here is part 1. A lien can be thought of as a right to retain the lawful possession of the property of another until the owner fulfills a legal duty to the person holding [...]
Chris Ariano is a top Arizona bankruptcy lawyer. He has devoted a large majority of his legal career to mastering the intricacies of successfully filing for consumer bankruptcy protection, focusing specifically on Arizona chapter 7 and chapter 13 bankruptcy.
On a daily basis, Chris prepares and files bankruptcy petitions for residents of both the Phoenix and Tucson metro areas. Having an unparalleled work ethic, Chris is devoted to guiding clients throughout the entirety of the bankruptcy process.
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