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What are Bankruptcy Exemptions?

Upon filing a petition for bankruptcy relief, nearly all property owned by the debtor becomes property of the bankruptcy estate.  Exemption laws, however, carve out protections for certain property.  There are exemption laws in each state, as well as federal bankruptcy exemptions.  These laws allow debtors to retain exempt property while still receiving a discharge […]

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Do I Need to File Bankruptcy due to COVID-19?

If you’re worried about debts piling up, and questioning whether you may need to file bankruptcy, you are not alone.  The Coronavirus pandemic has dramatically impacted the lives of many Arizona residents.  Here are some signs that the current economic downturn is pushing you towards bankruptcy: Your credit cards are maxed out at their current […]

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Phoenix AZ 85004

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Alcock & Associates P.C.
2 North Central Avenue, 26th Floor
Phoenix AZ 85004