We care about your future.
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Do I Need a Will?
Planning for the future is an essential part of managing one’s affairs, yet many people overlook the importance of having a will. In Arizona, wills serve as a legal document that outlines how your assets and property should be distributed upon your death. Whether you have a large estate or modest belongings, creating a will can provide peace of mind for you and your loved ones.
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Estate Planning in Arizona: Frequently Asked Questions
In Arizona, specific laws and guidelines govern estate planning decisions. At Atchley Law Firm, PLC, we’ve put together this FAQ guide to demystify estate planning and help you make informed decisions to secure your legacy and provide for your loved ones. Here are some important facts about estate planning that you should know.
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What Assets Can I Keep if I File for Bankruptcy?
Before you decide to file for bankruptcy, it’s important to understand what assets you can keep and what assets creditors could potentially take away under certain bankruptcy filings.
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How Can I Stop a Wage Garnishment Immediately?
Filing for bankruptcy is one of the most effective ways to stop a wage garnishment immediately and prevent your earnings from vanishing before you even see them. At Atchley Law Firm, PLC, we help clients seek solutions to their financial struggles.
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The Difference Between Chapter 7 and Chapter 13
When it comes to bankruptcy, Chapter 7 and Chapter 13 serve different purposes and suit different financial situations. The crux of the difference lies in how they handle your debts. Chapter 7 involves liquidating non-exempt property to pay off what you owe, whereas Chapter 13 allows you to create a repayment plan to settle your debts over three to five years. But of course, there’s more to it than that.
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Bankruptcy Terms to Know
At the Atchley Law Firm, PLC, we believe that knowledge is power. We’re here to help you understand the complex terms and processes involved in filing for bankruptcy. With a clear understanding of these terms, you’ll be better equipped to make informed decisions about your financial future.
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Bankruptcy Myths Debunked
Bankruptcy can be confusing, with many myths making it even more intimidating. In this article, we’re here to debunk some of the most common bankruptcy myths in a straightforward, friendly manner so you can make informed decisions if you ever find yourself in financial trouble.
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Are Late-Filed Tax Returns Dischargeable in Bankruptcy?
Some not-so-clear amendments to the bankruptcy code in 2005 have opened the door to widely varying interpretations, resulting in different courts around the country issuing different opinions about whether income tax debt on a late-filed tax return can ever be discharged in a Chapter 7 bankruptcy.
