Bankruptcy information including whether to file a bankruptcy, deciding on a Chapter 7 or 13, Qualifying for Chapter 7 Bankruptcy, AZ Bankruptcy Exemptions, Finding the Best Arizona Bankruptcy Attorney for Your Case, and Life After Bankruptcy: Phoenix, Scottsdale, Mesa, Chandler, Tempe, Gilbert, or Anyplace, AZ, by Joseph C. McDaniel. Call 602-297-3025
Tuesday, May 24, 2011
A Chapter 7 Liquidation Normally Liquidates...Nothing!
The majority of Chapter 7 Bankruptcy Cases in Arizona are "no-asset" cases, which means that the Bankruptcy Trustee appointed to the case has reached a conclusion that there's no good economic reason to try to liquidate your replica autographed Star Wars Special Edition Obi-Wan FX Lightsaber, even though it's not exempt under the exemption laws in the state of Arizona.
If the trustee can't find at least six hundred or eight hundred dollars, net, worth of non-exempt assets to liquidate in your case, he or she is likely to just walk on by.
Which, in the context of a Chapter 7 Bankruptcy, means to stamp the case "NO ASSETS", and go on to the next file.
Saturday, May 21, 2011
My All Time Most Popular Phoenix, Arizona Bankruptcy Attorney Articles!
Have fun!
All Time Most Popular Bankruptcy Posts
- There are some questions that come up with great frequency. I've posted blog entries to address some of those, and the most frequently asked...
- This is designed to help my clients fill information into their forms. This is not legal advice for somebody in New York, or anybody else, b...
- Here's the deal: when you fill out your forms online in our computerized system, there will come a point when you are finished, and you will...
- Well, that depends. First, you have to sort of understand the process, and fill out the forms, and go over the forms to make sure they're ...
- Prior to your bankruptcy, suffer and worry a lot. You will, no matter what, and all that suffering will make you feel better when the overwh...
- I built a list a lot like this 30 years ago, so when I came back from a gigantic lunch I wouldn't forget to ask about important stuff. See...
- This is a post from a new blog I've started. It has one purpose in mind: it's designed to help folks who have small businesses bring in more...
- The first meeting of creditors may be the only hearing in a Consumer Chapter 7 Bankruptcy Case. Here's a video that explains it, and after...
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Why Do I Have to Include My Wife in my Bankruptcy? Can I Keep My Husband out of my Bankruptcy Case?
People love their husbands and wives, and want to spare them the embarrassment and the pain in the neck of filing; that's easy to understand.
Normally, it doesn't work very well if a spouse doesn't file.
If you watch this educational bankruptcy video, you'll know what I'm talking about.
Normally, it doesn't work very well if a spouse doesn't file.
If you watch this educational bankruptcy video, you'll know what I'm talking about.
Thursday, May 19, 2011
Top Ten Bankruptcy Articles This Week!
Here are this week's top Arizona Bankruptcy Attorney articles! Enjoy!
Top Ten Bankruptcy Articles This Week in my Other Blog!
- Top Ten Most Popular Bankruptcy Posts of the Month Bankruptcy Arizona: Do Rising Gas Prices Threaten the Recovery? An article at KTAR.co...
- Small businesses file bankruptcy (or just close the doors, and let the owners file bankruptcy) for a lot of reasons. The most common is un...
- Here's the deal: when you fill out your forms online in our computerized system, there will come a point when you are finished, and you will...
- Has anybody else tried to post a pdf on a blog, whether it's an Arizona Bankruptcy Blog, or anyplace else? For a simple back-country Arizo...
- You know Zimbabwe, right? It's the country that printed so much paper money that it became worthless. But Zimbabwe was much more conside...
- I don't do mortgage modifications right now, but there's a nifty Nolo's Bankruptcy and Foreclosure Blog that points to a government website...
- There is an interesting article about the rise and fall of the Icelandic Economy in the New York Times. While the discussions of bankers g...
- Prior to your bankruptcy, suffer and worry a lot. You will, no matter what, and all that suffering will make you feel better when the overwh...
- One thing about people in the United States: even though we're knee-deep in a depression, with bankruptcy cases to the right of us and the l...
- This is designed to help my clients fill information into their forms. This is not legal advice for somebody in New York, or anybody else, b...

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