Juras Law Firm, PLC
Representing clients Throughout the United States Czech Republic Central Europe
Juras Law Firm, PLC
International Law Business Law Immigration Law Business-Based Immigration Law

7150 East Camelback Rd
Suite 444
Scottsdale, Arizona 85251 USA
Map & Directions

Toll Free: (888) 871-4713
Phone: (480) 425-2009

 

Arizona Chapter 7 Attorney

Chapter 7 Bankruptcy is a "liquidation" bankruptcy. In Chapter 7, the debtor keeps certain assets that are exempt (certain equity in the house and car, furniture, etc.). The remaining (non-exempt) assets, if any, are sold by the bankruptcy trustee and the proceeds are distributed to the creditors. Individuals, corporations and partnerships may file a Chapter 7 bankruptcy.