We are a debt relief agency helping people file bankruptcy. Offices in Phoenix, Gilbert, Glendale, Mesa, Peoria and Scottsdale

Bankruptcy
Types of Bankruptcy

The question may not be “Do I qualify for bankruptcy?” but “Should I file for bankruptcy at all?” Everyone can qualify for some form of bankruptcy (either Chapter 7 or Chapter 13), but that decision may not be the best one for every individual or family.

At Meyer Law, we will discuss your specific circumstances and help you determine the best course of action to fit your needs. Above all, we will take a detailed look at your financial situation and help you determine if and what type of bankruptcy is a good option for you. There are two main calculations that we will help you make: 1) A comparison of your income to that of your state median income level, and 2) A more detailed analysis of your finances, called the “means test.” Both of these checks will help determine if you qualify for Chapter 7 (“clean slate”) or Chapter 13 (“repayment plan”) bankruptcy.

The first step in determining if you qualify for Chapter 7 bankruptcy is to compare your income to the median income for the state of Arizona. To be eligible for Chapter 7 bankruptcy, you must make less than this median income level. We can walk you through this comparison and what it means for you.

The next step we will discuss with you is the “means test,” which compares your monthly income to your expenses. There are certain things that we will take special note of here, such as if you own your house, car(s), or other valuable items outright and want to keep them. If so, Chapter 13 may be a better option for you. We will also take a look at how much debt you may have in credit cards, medical bills, or deficiencies on repossessed vehicles. If you have a substantial amount of debt in these areas, then Chapter 7 bankruptcy may be your best option to help you get a financial fresh start.

Ultimately, the means test provides a clear picture of how your income compares to your debt. If need be, it can definitively show the government that you are drowning in debt and need help now.

Debt Settlement

Using Meyer Law to Negotiate and Settle Your Debts is Quicker, Simpler, and Less Expensive than Credit Counseling, Chapter 13 Bankruptcy, or Making Your Minimum Payments.

How Fast is Debt Negotiation / Settlement with Meyer Law?

As Little as 6 Months!
Rebuild your credit and live debt free in just a short time
You will pay only pennies on the dollar of what is owed
Very little paperwork is required
It takes just one visit to our office

3 to 5 years
- for Chapter 13 Bankruptcy
You will make nearly unaffordable monthly payments to the court for 3 to 5 years
You will be under strict court supervision and restrictions on what you can buy for the entire time
The bankruptcy will stay on your credit report for 7 years
It requires many visits to an attorney’s office and a visit to the court
You will fill out massive amounts of paperwork

5 years
- for Credit Counseling
It will still damage your credit
Credit Counseling agencies get their funding, in part, from the credit card companies
Few people ever successfully eliminate their debts this way
If you are lucky enough to complete the program, you will end up paying all of your debt back to your creditors with interest

8 to 12 years or longer!
- for Paying the Minimum Balance on your debt
In addition to the balance you owe, you will end up paying an enormous amount of interest along the way
You will be waiting for about a decade before you can begin rebuilding your credit

What Debts can I reduce?
Credit cards
Some second mortgages and home equity lines
Judgments
Medical bills
Department store cards
Business debt
SBA loans
Vehicle loans
Personal loans

Who we are:
We are a Phoenix-based firm that gets results when it comes to debt negotiation and settlement. Our attorneys have extensive experience in fiercely and relentlessly negotiating settlements for pennies on the dollar. We will not stop until all of your debts have been settled at the lowest price possible.

What our licensed attorneys do for you:
We provide a free, no obligation consultation with an attorney
You will deal with the same attorney from the beginning to the conclusion of your case
We handle all of your creditor calls so you don’t have to
We analyze your financial situation and provide a projection of what your debt will likely settle for
We aggressively and relentlessly pursue the lowest settlement possible with each and every creditor
We charge a simple flat fee. There will be no surprise/hourly charges
If someone threatens legal action against you, we can represent you
You will be consulted regarding all settlement offers