Adopting a Child in Arizona
Chapter 7 bankruptcy is a process of debt relief available in Arizona and throughout the United States. Bankruptcy is controlled by federal laws and rules. The process starts with document gathering, then the filing of a Petition. The Petition contains a summary of assets, incomes, creditors, and liabilities. Once filed the “automatic stay” is put in place to stop collection actions. Often this can provide immediate relief. Shortly after filing a 341 Meeting of the Creditors is set. During this brief hearing, the filing party is sworn in, questions are asked, and additional information may be requested. Once the file is complete, the filing party will wait for their discharge.