“Will I lose my home or the savings in my home during bankruptcy?”
One of the most common questions I am faced with in my bankruptcy consultations is, “Will I lose my home or my savings in my home?” Fortunately, for most the answer is “no.” This is because of the bankruptcy exemptions provided to those who have resided in AZ for 2 years or longer.
An exemption in bankruptcy means that this property is exempt from the reach of creditors in the bankruptcy process. Here, as it relates to housing, individuals declaring bankruptcy in Arizona and eligible to take Arizona bankruptcy exemptions are entitled to a $150,000 homestead exemption per A.R.S. § 33-1101 in the equity of their residence.
Let’s face it – a lot of debt collectors aren’t really in the habit of being nice or respectful. If you have ever been late on a credit card payment or a loan payment you will know that these collectors will call you day and night to pester you about paying your overdue bill. What you may not know are your rights regarding what the debt collectors can do when attempting to reach you. 
JPMorgan Chase had come under the federal spotlight in 2011. Further probes revealed that the company had been filing lawsuits against debtors and using faulty documents for the purpose. 
By now, almost everyone knows that the ‘plastic’ cards can be damaging for the finances, if they’re not used sensibly. A credit card in the wrong hands can bring about financial ruin to an individual. Therefore, sharing your credit card account with another individual is something that most consumer advocates strongly advice against. Yet, some people opt for it for the ease of access. 
The way student loans have been costing the U.S. economy, it was time the federal government to do something about it. Now, that they have decided and imposed new mandates, the consumers must be made aware about the alterations so that they can get a solid footing. Check out the changes in the federal loan program, which are going to affect the students in the near future. 