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Bankruptcy can best be described as an inability to pay ones debts. In the ancient Greek culture many years ago, if a citizen could not pay off its debt, the citizen and his family were sold off to slavery for life. Even more severe, were the Mongolians under Genghis Khan, if anyone became bankrupt three times they would be put to death. The Law and the Court. Assigned to a court-appointed trustee. List of Categories for Discussion. com has listed, a num.
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341 Meeting of the Creditors. Filing Chapter 7 Bankruptcy in Arizona. The Process of Filing a Chapter 7 Bankruptcy with The My AZ Lawyers. Filing Chapter 13 Bankruptcy in Arizona.