The Arizona Bankruptcy Court recently signed General Order 16-2, which approves and implements an options Mortgage Modification Mediation program (“MMM”).  This allows Debtors and mortgage companies to enter into mediation to enable mortgage modifications along with confirmation of Chapter 13 Bankruptcy Plans.   How does MMM work? In order to start, a Debtor must have Read More

Recently, the U.S. District Court reversed the Bankruptcy Court’s ruling on whether A.R.S. 20-1132 provided an exemption for the surviving Debtor when their spouse had passed away after the filing of a bankruptcy.  The recent ruling establishes that the statute did intend to provide an unlimited exemption in those proceeds in that Trustees are not allowed Read More