Key Points / Article Highlights:

• Defaults Surge: Credit card defaults hit their highest levels since 2010, with $46 billion in unpaid balances in 2024.
• Debt Burden: Rising interest rates and $1 trillion in debt are straining lower-income households.
• Economic Risks: Defaults threaten consumer spending and may tighten access to credit.
• Get Help: Thomas Law, PLLC

…

In Phoenix’s unique desert environment, slip and fall accidents present distinct challenges that many Valley residents and visitors don’t expect. From monsoon-slicked shopping center floors to poorly maintained resort walkways, understanding these location-specific risks is crucial for both prevention and legal protection for all Phoenix slip and fall accidents.

The Phoenix Slip and Fall…

Phoenix’s diverse roadway system presents unique challenges for motorcyclists, from the methodical grid layout of central Phoenix to the winding desert roads that lead to popular destinations like Cave Creek and Apache Junction. Understanding these distinct environments and their specific hazards is crucial for rider safety in the Valley of the Sun.

Navigating Phoenix’s Grid…

As a resident or visitor in Arizona, you may not realize that some of the state’s busiest intersections are also hotspots for car accidents. Understanding these high-risk areas can help you stay vigilant on the road. However, if you find yourself involved in a collision, knowing your rights and having a dedicated legal advocate by…

Parking lot accidents are more common than you might think. Whether it’s a fender bender while backing out or a collision with a pedestrian, these incidents can leave you wondering about insurance coverage and liability. As a Phoenix resident, it’s crucial to understand how Arizona law applies to parking lot accidents and what your insurance…

Are you considering filing for bankruptcy in Arizona? Understanding the available exemptions is crucial for protecting your assets. As one of Phoenix’s top bankruptcy attorneys, we at Thomas Law are here to guide you through this complex process.

Key Facts About Arizona’s Bankruptcy Exemptions

…

When a debt is described as “dischargeable,” it means that it can be erased through the bankruptcy process. Upon the successful completion of a bankruptcy case, the bankruptcy court typically issues a discharge order, which legally removes your obligation to pay any dischargeable debts.

Different Types of Dischargeable Debt

Most common types of dischargeable debts…