Archived
How does the homestead (California) exemption work?
I'm getting contradictory stories from two different BK attorneys.
Jonathan's answer
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Answered on June 14, 2012
Attorney two is correct. Attorney One does not know the law.
Jonathan Leventhal, esq.
Leventhal Law Group, P.C.
818-347-5800
NO EX-PARTE...
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Archived
Do I need to attend CREDIT COUNSELING class if it is company bankruptcy?
Jonathan's answer
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Answered on June 14, 2012
No provided it is a corp and not a dba.
Jonathan Leventhal, esq.
Leventhal Law Group, P.C.
818-347-5800
NO EX-PARTE NOTICE VIA VOICE MAIL...
Archived
HOW MUCH DEBT DO YOU HAVE TO BE IN BEFORE FILING BANKRUPTCY . AND IF MY HUSBAND FILES, DO I HAVE TO FILE AS WELL.
Jonathan's answer
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Answered on June 12, 2012
There is no legal minimum amount of debt required to file bankruptcy. However the debt should be at a level that it would be a severe hardship in...
Archived
Chapter 7 , adding debts previously omitted in original filing.
Jonathan's answer
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Answered on June 07, 2012
Generally speaking omitted debts can be added to a case. Furthermore, their is case law that says that if the debt would have been discharged...
Archived
My lawyer never filed my paperwork to the court for my bankruptcy case.
Jonathan's answer
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Answered on June 06, 2012
It sounds like your case was closed without discharge because your financial management course certificate and Form 23 was not filed with the...
I used EZ Bankruptcy filing for my Chapter 7 case to be filed soon. My friend reviewed it and said I need to use 2011 forms.
Jonathan's answer
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Answered on June 06, 2012
Some changed some did not. Download a copy of the petition from the courts website and compare them.
Jonathan Leventhal, esq.
Leventhal Law...
Archived
If more than 51% of TOTAL debt comes from mtgs on rental properties (2), can I skip the means test under non-consumer debt rule
Jonathan's answer
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Answered on June 06, 2012
Yes, as long as they were purchased as rental properties you should not have an issue with the US Trustees office.
Jonathan Leventhal,...
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Archived
I am a newly wed and my husband and I just bought a car together but he has really bad credit so it's just under my name
Jonathan's answer
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Answered on June 05, 2012
Yes, he is responsible under California community property law. However, the creditors will look to you for repayment.
Jonathan Leventhal,...
Archived
Disclosure Statement/Ch 11 Plan How many hours attny's time and assistant's time, roughly, to prepare this ? small ind debtor
Jonathan's answer
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Answered on June 04, 2012
It could take 7 - 15 hours depending upon many variables. I will not touch a chapter 11 without a $15,00 - $25,000 up front retainer. The exact...
Archived
What are options POST Bankruptcy on Chapter 7 (CA)
Jonathan's answer
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Answered on June 02, 2012
No reason to do a short sale. Your discharge, (once granted) eliminates any liability on the loans, if any. A broker wants you to short sell the...
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