If you have international assets and are filing for bankruptcy in Arizona, you face some complex legal issues not faced by those with only domestic assets. The experienced bankruptcy lawyers at the Arizona Law Group of Trezza & Associates, LLC, can help you understand your rights and obligations in regard to international assets in bankruptcy.
To discuss your specific circumstances with Arizona bankruptcy attorney Stephen Trezza, contact us to schedule a consultation.
Bankruptcy and Foreign Assets
If you own a house, bank account, investment property or other assets in a foreign country, you may wonder if you need to include these assets in your bankruptcy petition. The answer is yes.
No matter where your assets are located, they must be accounted for and reported to the bankruptcy trustee. Whether you are filing for Chapter 7 or Chapter 13 bankruptcy in Arizona, the court may dismiss your bankruptcy if you fail to report your foreign assets.
Those assets may or may not be exempt, depending on your circumstances. An experienced Arizona bankruptcy attorney can advise you of your rights and obligations, so you can keep as much property as possible while still complying with all bankruptcy laws.
Contact Us to Learn More About Protecting International Assets in Arizona
Every case is different, so it is important to discuss your situation with a Phoenix bankruptcy lawyer before making a decision. Contact us to discuss your options. We represent clients from Phoenix, Tucson and throughout Arizona.
