According to a study conducted in 2008, in respect the nation's mortgage crisis, Arizona was in the top five hardest hit states, in fact in 2008 Arizona ranked second in home foreclosures. It is estimated that bankruptcies in Arizona have risen by at least 93%. Finding a good Arizona bankruptcy attorney has never been more important.
An Arizona bankruptcy attorney will help you navigate the complicated procedures involved in your court action. A competent legal adviser can ensure that your bankruptcy is as simple and painless as possible. By carefully searching for a reputable Arizona bankruptcy attorney you can avoid some of the common pitfalls and mistakes. Without a good attorney, you could lose everything.
Bankruptcy used to be a fairly simple legal action. Some people even filed without the assistance of an attorney, but new laws have made it much more difficult. The Bankruptcy Abuse Prevention and Consumer Protection Act was enacted in 2008, and with it came a stampede of consumers rushing to the bankruptcy courts. It's a very long title for a law that does a very simple thing: it makes filing for bankruptcy much more difficult to do. This new law is just one more reason why you should be sure you have a good reputable Arizona bankruptcy attorney on your side.
It may be hard for you to face bankruptcy without feeling shame; however, you are not alone. It is estimated that in the United States, 5000 people or businesses file for bankruptcy on any given day. A good Arizona bankruptcy attorney can offer advice on any new laws that may help you in this complicated procedure.
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