BK7 I received a $3900 insurance settlement from a loss due to theft today and I am about to file.
Certainly you can exempt it, and it would go on Schedule B, Personal Property.
San Rafael, CA
Bankruptcy and debt Lawyer at San Rafael, CA
Practice Areas: Bankruptcy & Debt, Foreclosure ... +2 more
Certainly you can exempt it, and it would go on Schedule B, Personal Property.
Read and take to heart the answer by attorney Berkus. I'll add that I'm in California, the SF Bay Area, and I don't know of attorneys who have a...
The California wildcard exemption (assuming you have no equity in a home to protect) is now $25,340. You can use that to exempt any assets,...
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You didn't say if your wife also lived in the house. Need to know that and, if so, what type of interest she has in the house. Yes, you get to...
If they sue you and get a court judgment against you, then they can get a lien on your house for that judgment amount. Since you asked this...
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As attorney Alan Walton said, filing a Chapter 13 Bankruptcy would stop the foreclosure sale of your home. The question then becomes, for how long...
There's no way anyone can answer that question without knowing a lot more. The two "tests" you need to pass are the Means Test (new with the 2005...
Whether you would quality for a Chapter 7 bankruptcy (the one that gets rid of your debts quickly) or would need to do a Chapter 13 (payment plan) ...
You've received two excellent answers. Note in particular Dorthy Bunce's, "It will be the question you don't see that will end up causing you...
First, Chapter 13 bankruptcies for Marin Couty residents go to the San Francisco Bankrputcy court since January 1, 2012. Second, you indicate that...