"Arizona Wager Earner Plan"
The common name for Arizona bankruptcy cases filed under Chapter 13 provided by 11 U.S.C. 1301, et seq. All
debtors who chose Chapter 13 must maintain regular income with sufficient disposable income, after living
expenses, to provide creditors with repayment equal to or above the value available through liquidation under Chapter 7.
11 U.S.C. §101(30): "individual with regular income'' means individual whose income is
sufficiently stable and regular to enable such individual to make payments under a plan under chapter of
this title, other than a stockbroker or a commodity broker"
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In the matter of ARIZONA BANKRUPTCY PETITION PREPARERS, General order No. 89 issued by the U.S. District.
Arizona Bankruptcy Court., July 1, 2003. 11 USC 110(k) does not permit a bankruptcy petition preparer to engage
in activities "that are otherwise prohibited by law. including the rules and laws that prohibit the unauthorized
practice of law." The Supreme Court of the State of Arizona has enacted amendments to its Rule 31 governing the
unauthorized practice of law which became effective commencing July 1, 2003. Rule 31 sets forth the general rule
that only an active member of the State Bar of Arizona may practice law in the State. The amendments also create
a limited exception for certified legal document preparers provided that the services performed are in
compliance with State Code of Judicial Administration, Part 7, Chapter 2, Section 7-208.
Back to Arizona Bankruptcy words & phrases.
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