Steps for Filing Bankruptcy in Mesa

What do I need to do?

The first thing you should do if you are even considering filing bankruptcy in Mesa is to sit down with your attorney and answer two very important questions:

• Is bankruptcy the right solution for my financial problems?
• Which kind of bankruptcy is right for me?

Even if you have already 99% made up your mind, it is very important to have this conversation to resolve any misunderstandings and prepare for the preceding bankruptcy litigation in Mesa.

The Law Office of Timothy W. Steadman, PLC devotes our legal services to helping prepare clients to file bankruptcy in Mesa. We discuss our clients’ legal and financial options with them at length to make sure they understand the process at every procedural step.

Filing the petition

After you and your attorney have deliberated and adequately planned for the procedure, the next step in the process is to file the official bankruptcy petition with Arizona bankruptcy courts.

This petition is a formal declaration of your intention to file bankruptcy in Mesa. Bankruptcies are a matter of public record, and when resumed, your bankruptcy will remain on file with the federal court system in Arizona.

During bankruptcy litigation in Mesa

Active bankruptcy litigation occurs after you have filed a petition and before your bankruptcy has been approved and settled. Depending on the type of bankruptcy you are filing, there are a various series of next steps that involve formal financial procedures:

• Appraising non-exempt assets
• Negotiating with creditors
• Attending a 341 hearing
• Approving repayment plans
• Seizing of non-exempt assets by the courts
• Attending credit counseling courses

Timothy W. Steadman keeps his clients informed and prepared during all stages of bankruptcy litigation in Mesa. His goal with legal counsel is always to foster an informative professional relationship. His clients come to rely on his down-to-earth explanations and feel secure in his legal advocacy skills.

Call 866-942-8408 or complete our online form to file bankruptcy in Mesa.