Per Trustee, I am required to use Arizona exemptions. I've lived (rented, paid bills) In California for 9 months. What gives?

Federal exemptions (often superior to state exemptions) are often available in this type of situation. I urge you or anyone in your situation to...

Is it true there is a $20,000 wildcard exemption for a debtor?

The relationships among the parties referenced in your fact pattern is not quite clear to me (of course that opening sentence of mine is probably...

In California. Want to file chapter 7. My wife and I have separate real estate (pre marriage). Any issues. Don't want to effect

Ditto. There are potential pitfalls and you need to retain counsel. There are presumptions as to what constitutes separate property, and there is...

Can I go back and include landlord in a Chpt 7, since I opened a lease/contract w/them in the middle of my bankruptcy? Need Help

A bankruptcy discharge is limited to debts incurred prior to the filing. We can't incorporate liabilities incurred after the filing date even if...

Discharge and Closing...

Generally a discharge order is issued promptly by the Bankruptcy Court after the creditor deadline to object has passed (60d after the original...

I want to file chpt 7 ... not sure if I should keep my 2006 chevy. I owe over 10,000 on it w/ payments until 4/2013 ??????

Not all Chevys are born equal: depends whether it's an Aveo or a Vette. If a vehicle is "upside down," then it can certainly make sense to return...

What is the time period for preferential payoff of debt for the state of Idaho

Generally, preferential unsecured debt payments are problematic from the debtor's perspective in terms of payments to family, friends or...

Not everything that goes into a petition can be gleaned from an attorney's objective review of documents. We need lots of information specific to...

Home Valuation

You value your home, however it may be contested by the chapter 7 case trustee whose job it is to liquidate property (fortunately, there's nothing...

Are SS Disability monies considered income for the purposes of the Chapter 7 means test?

It's non-CMI (Current Monthly Income) income. CMI is a calculation of the average gross income from all sources, for the 6-month period prior to...