If you are being harassed by debt collectors, facing a foreclosure or wage garnishment, or struggling with and no longer able to pay debt, the experienced and affordable lawyers at Teague Law Firm are here to help. Our bankruptcy team has decades of experience and is dedicated to finding a solution for each client.
Filing for bankruptcy immediately stops all creditor collections, and once you receive your discharge eliminates credit cards and other unsecured debts in a chapter 7 personal filing, giving you a fresh start and a new financial beginning. Our founder, Robert Teague, has been one of Arizona's leading consumer bankruptcy attorneys over the past twenty years.
Filing for bankruptcy immediately stops all creditor collections, and once you receive your discharge eliminates credit cards and other unsecured debts in a chapter 7 personal filing, giving you a fresh start and a new financial beginning. Our founder, Robert Teague, has been one of Arizona's leading consumer bankruptcy attorneys over the past twenty years.
Services
Chapter 7 Bankruptcy
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Chapter 7 bankruptcy, also known as "liquidation bankruptcy", offers immediate debt relief and stops all collection efforts by creditors, including their harassing calls and collection letters. It wipes the slate clean for most unsecured debt, like credit cards, medical bills and judgements, while still allowing debtors to keep exempt property, giving them the fresh financial start, they desire and need.
Chapter 13 Bankruptcy
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Sometimes known as the wage earners bankruptcy, Chapter 13 bankruptcy allows debtors with enough income to repay part or all of their unsecured debt over time and keep valuable assets like their home or their car. Debtors choose their own repayment plan with the approval of the court, with most plans set for a period of five years, although some can be completed in as little as three.
FAQs
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Bankruptcy can be a confusing topic, so starting with the basics we try to answer the most common questions about the Chapter 7 and Chapter 13 bankruptcy process. We offer a free, no obligation case review to determine if you qualify for bankruptcy. Through this process we will examine the benefits bankruptcy has to offer, and any potential burdens you should be aware of.
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