Can i claim homestead exemption on a duplex even though I live in one home only when I file for chapter 13 bankruptcy?
Michael's answer
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Answered on February 20, 2025
Tricky question, we need to know if there is one assessor's parcel number or more than one. California's homestead exemption broadly protects...
Can chapter 7 bankruptcy take Roth IRA funds?
Michael's answer
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Answered on November 23, 2024
The short answer is no as long as the money in the Roth IRA was deposited in accordance with the tax laws. That said, get a lawyer if you are...
Does it cost to add a MOTION TO REDEEM a vehicle in chapt 7 after the depts have been DISCHARGED?
Michael's answer
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Answered on August 15, 2024
Realistically, you will need a lawyer to file, serve and complete the motion to redeem. Motions are not a DIY project IMO.
Lien filing?
Michael's answer
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Answered on August 03, 2024
No, the bankruptcy laws do not allow you to file a lien after a bankruptcy is filed. You should file claim in the bankruptcy case.
Can a So. Cal debtor file Chapter 7 if they purchased a house with inheritance cash two years ago?
Michael's answer
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Answered on May 30, 2024
The homestead laws protect equity in a person's home but have some restrictions. She will need wait until she has owned the house for 1215 days in...
Filing for Bankruptcy, again?
Michael's answer
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Answered on April 07, 2024
There are specific rules about when you can refile. I would need to know the exact date of the prior case and perhaps some additional information....
Should my husband and I file for joint bankruptcy?
Michael's answer
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Answered on March 14, 2024
You have a right to bankruptcy. He has a right to bankruptcy. Bankruptcy will clear debts for the person(s) that files. From the sound of it,...
How likely is it I will be prosecuted?
Michael's answer
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Answered on January 06, 2024
I understand your concern but I do not think this will come up as an issue. Credit card companies almost never challenge a bankruptcy and when...
Chapter 7 bankruptcy/The only asset I own is a paid off 2022 Dodge ram that I use to travel to and from work? ?
Michael's answer
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Answered on December 30, 2023
The bankruptcy laws allow people to keep assets considered necessities of life, the legal buzzword is exemptions. In California, the law allows...
Chapter 13 Discharge denied due to post-petition arrears? Can trustee do this?
Michael's answer
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Answered on August 12, 2023
Yes, they can do that. Mortgage payments are a component of your plan obligations in the 9th Circuit which includes California.
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