What happens if I am over the amount allowed for exemptions?

704 exemptions vs. 703 exemption planning is not for the faint of heart. Determining proper asset valuation, which exemption scheme, proper...

Recd a settlement (8mos ago). Wasn't huge. Terms were "Confidential". How can I disclose in chapter 7 while not breaching confid

The attorney responses above are well-thought and accurate. To do what you're seeking, potentially you would need to AMEND schedules and...

Looking for an attorney to rep me in bk court

Depending on the specifics of your bankruptcy petition - have you listed your landlord and the past due amounts, ability to provide catch up...

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Need chapter 7 lawyer. Don't have full fees. Can lawyer file chapter 7 prior to being paid in full? They all say pay in full.

Technically, a lawyer who does not collect fees upfront before a case is filed loses his ability to collect unpaid fees. Filing of the...

I own two firearms and I am planning on filing Chapter 7 Bk. I plan on using an attorney . I am just curious on what the CA

You could use the wildcard exemption to protect your two (2) firearms.... or any items of property including equity in real estate or investment...

In CA, can a partially secured 2nd TD, secured only by the primary residence, be reduced to the amount of the remaining equity?

Short answer: If the "house" is your primary residence: NO If the "house" is your rental/investment property, then YES* (Chapter 13 may...

Sorry I dont fully get it.

This is an incredibly detailed (and accurate!) answer supplied by Attorney Frank Wei-Hong Chen. In many instances, Avvo.com is not a...

Not sure if we should foreclose, short sale, deed in lieu?

If you would like to keep the rental then a Chapter 13 bankruptcy may be worth considering, particularly since this is a rental home. Why? ...

Chapter 7 bankruptcy, home equity lawyer help

My office handles cases across southern California, San Diego County included. References available upon request - my be exactly what you're...

I have a lien on ex business partner's home. He is in bankruptcy court. What would happen to my lien?

You cannot NOW record the judgment and perfect the lien - it's too late if the BK has been filed and there is an "automatic stay" in place to...