When individuals own a personal business, they may fall into financial troubles and need to file for bankruptcy. When this occurs, these individuals have a number of options. 

By filing for bankruptcy, they may be able to discharge some or all of their debts. The bankruptcy process will also give them the opportunity to reorganize their debts and restructure their business. 

If you or anyone you know has considered a Chapter 11 bankruptcy filing, contact the Arizona bankruptcy lawyers of the Harmon Law Office at 480-829-0494.

When individuals file for bankruptcy, they often are unsure whether they can keep their credit cards. In certain circumstances, they may be able to retain their credit cards. 

If individuals filing for bankruptcy discharge their credit card, the credit card compay may cancel their credit card and may not offer credit until they reaffirm their debt. 

If you or anyone you know has questions about a bankruptcy filing, contact the Arizona bankruptcy lawyers of the Harmon Law Office at 480-829-0494.

The sale of the East Valley Tribune and other media holdings in Phoenix was approved by a bankruptcy-court judge on Tuesday. A Colorado company purchased the holdings for $2.05 million dollars after the order was granted. The holdings were sold by California media company Freedom Communications, which is working to complete a Chapter 11 bankruptcy plan.

If your business is struggling to make ends meet or repay creditors, you may wish to consider filing for bankruptcy. For more information about commercial bankruptcy, contact the Arizona bankruptcy lawyers of the Harmon Law Office, LLC at 480-829-0494 today. 

Bankruptcy filings rose in Arizona over the first two months of 2010. According to the U.S. Bankruptcy Court of Arizona, bankruptcy filing numbers totaled 3,950.

That number was a 45 percent increase from the same time last year. In most cases, individuals filed for Chapter 7 bankruptcy, which typically does not require repayment of certain debts. At the same time, Chapter 13 bankruptcy filings increased 60 percent compared to the same time last year.  

If you or anyone you know is consideirng filing for bankruptcy, contact the Arizona bankruptcy lawyers of the Harmon Law Office at 480-829-0494.

A number of Phoenix-area media holdings were sold to a Colorado company Tuesday. According to court reports, the sale was approved by a bankruptcy court. 

The bankruptcy judge approved the sale made by Freedom Communications, an Irvine, Calif. company. The sale included the East Valley Tribune, Ahwatukee Foothills News, and the Sun City Daily News. 

If your company is considering filing for bankruptcy, contact the Arizona bankruptcy attorneys of the Harmon Law Office at 480-829-0494.

When individuals file for bankruptcy, they often are required to undergo instructional courses in finance management. These courses are intended to help filers to stay out of debt once they emerge from bankruptcy. 

In most cases, individuals must complete this course before their debts will be discharged. However, if attending a reasonable finance management course is not reasonable for filers, then they may be able to have their debts discharged anyway. 

If you are considering a bankruptcy filing, contact the Arizona personal bankruptcy attorneys of the Harmon Law Office at 480-829-0494.