Tagline
623-208-6098

bankruptcy Archives

The top 3 reasons Americans file for bankruptcy

A report, recently released by the federal government, shows that during the final half of 2016 on into the first six months of 2017, there was a 3 percent decline in bankruptcy filings among Americans. While that may sound good, as many as 772,594 people filed for bankruptcy during that same time frame. Three key reasons seems to dominate in terms of why they chose this option as a way of addressing their debt.

Millennials, relationships, debt and finances

Millennials are often being touted and lauded for their financial acumen, their lack of reliance on credit cards and also their wise relationship decisions about marriage. However, one area that has certain financial analysts concerned is that millennials don't appear concerned about their partners' existing debt levels. Eighty-eight percent of Americans 65 years of age and up believe that debt levels are an area of concern to be looked at when choosing a romantic partner, whereas only 67 percent of millennials think so.

Make a smart plan to pay off holiday credit card debt

Trying to pay off the holiday purchases you made on a credit card is likely going to be a priority right after the holiday is over. You have to think about the ways that you are going to handle the situation so that you don't make errors that could cost you dearly in the long term.

Professional athletes are likely to file bankruptcy

Many people think that having money means that they aren't going to ever run into financial troubles. This isn't anywhere close to the case. Think about professional athletes. These individuals make millions of dollars to play ball, but many of them end up having to file for bankruptcy protection.

Do I need to file my overdue taxes before Chapter 13 bankruptcy?

One of the federal requirements for Chapter 13 bankruptcy filers is that you have filed all of your tax returns within the last four years of your filing. You must also file all tax return that are due following the initiation of your bankruptcy proceedings.

Vacations and debt

One thing summer sees a lot of are people taking vacations. One thing individuals may want to keep in mind when planning a summer vacation is finances.

  • MCBA | Maricopa County Bar Association
  • State Bar of Arizona
  • ABA | American bar Association | Defending Liberty Pursuing Justice
  • Oregon State bar
  • NACBA | National Association of Consumer Bankruptcy Attorneys
  • NACA | National Association of Consumer Advocates
Schedule A Consultation Today

Attorneys You Can Depend On And Trust

The Dodds Law Firm, PLC, is located in Surprise and serves clients throughout the West Valley area. To schedule a consultation with a lawyer, call 623-208-6098 or toll free at 877-827-9906. You can also contact us online.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy