Skip to main content
Clint Spencer Dunaway
Avvo
Pro

Clint Dunaway’s Legal Guides

33 total

  • Trustee Now Holds Funds of the Bankruptcy Estate

    If you end up turning money or assets over to the trustee then you case will be held open for much longer. (Click this link to learn about the important distinction between the discharge and closing of your bankruptcy). If your Trustee receives funds then they must go through a l...

    Read more 

  • Trustee Now Holds Funds of the Bankruptcy Estate

    If you end up turning money or assets over to the trustee then you case will be held open for much longer. (Click this link to learn about the important distinction between the discharge and closing of your bankruptcy). If your Trustee receives funds then they must go through a l...

    Read more 

  • What Questions Will My Trustee Ask at the 341 Hearing?

    Per the U.S. bankruptcy code everyone who files for personal bankruptcy is required to attend a 341 Meeting of Creditors. Because the requirement is found in section 341 of the bankruptcy code, the hearing has earned the nickname 341 Hearing. All bankruptcy filers are to be exami...

    Read more 

  • When is a Bankruptcy Completely Finished?

    One of the major steps to wrapping up a bankruptcy is the Discharge. A discharge means that all of your dischargeable debts have been completely erased. Discharges are typically entered 70 to 90 days from the date of your 341 hearing. Many people believe that their bankruptcy is ...

    Read more 

  • What is a 722 Redemption?

    Bankruptcy Code Section 722 authorizes a concept called redemption. 11 U.S.C 722 states in pertinent part: An individual debtor may, whether or not the debtor has waived the right to redeem under this section, redeem tangible personal property intended primarily for personal, fa...

    Read more 

  • Do I Need to be Flat Broke in Order to File Bankruptcy?

    No, you do not need to be completely broke in order to file bankruptcy. In fact, most of our Arizona bankruptcy clients have jobs and many own homes. You dont need to be living under a bridge or in a park to qualify for bankruptcy. Regardless of how much or how little money you m...

    Read more 

  • What if I Don't Pass the Means Test?

    The means test was introduced to the Bankruptcy Code in 2005. It is designed to limit those individuals eligible to file for Chapter 7 bankruptcy. The Chapter 7 bankruptcy means test compares your current monthly income against the median income for households similar in size to ...

    Read more 

  • Why Does Bankruptcy Exist?

    At its core consumer bankruptcy exists to give people a fresh start and a second chance. Since the great recession began several years ago millions of people in this country have filed bankruptcy. People have found themselves trapped in a cycle of endless debtstruggling just to m...

    Read more 

  • What is an Emergency Bankruptcy?

    Yes, we absolutely file emergency bankruptcies. Emergency bankruptcies give the filer all the benefits of a regular bankruptcy but require only a fraction of the documents. This is why emergency bankruptcies are sometimes referred to as a skeletal petition. Once the necessary doc...

    Read more 

  • If I File Bankruptcy Will I Lose Everything I Own?

    Clients are often concerned about whether they will lose any of their property when they file bankruptcy. However, most people that file bankruptcy do not lose any of their property. Maybe because Chapter 7s are known by the nickname liquidation, people believe that all their stu...

    Read more