Archived
I live in CA, equity in home is above $100k homestead exemption. If I don't pass the pymt feasibility test, what are my options?
Cindy's answer
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Answered on November 05, 2018
This is why we recommend speaking with an experienced bankruptcy attorney. For a head of household the homestead exemption is currently $125000. ...
Archived
Can u File bankruptcy with a reverse mortgage? I am a 88 yr old widow ?
Cindy's answer
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Answered on November 03, 2018
Usually, but it depends on how the mortgage is written. You should take it to an experienced bankruptcy attorney to go though all your information...
Archived
California chapter 7 bankruptcy. Please explain rule re: spouse prior filing using 1 exemption system and how affects other spo?
Cindy's answer
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Answered on November 02, 2018
If the prior case is closed, your spousal waiver has been completed. The waiver provides that if you file while her case is open, that you will...
Archived
Im scheduled for trial on Nov 8th, unlawful retainer, Can a notice of Stay help me?
Cindy's answer
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Answered on November 01, 2018
If your mother is on the lease with you, her bankruptcy will provide you temporary relief: Her bankruptcy may stay the action, but the landlord...
If I file Ch 7 under System 1 in California, will the trustee take my car if it's worth $2000 more than the exemption?
Cindy's answer
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Answered on November 01, 2018
I'm not sure which of the two sets of exemption you are referring to as system 1. Without knowing more about your assets, I don't know which set...
Archived
Can "online cash" be discharged?
Cindy's answer
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Answered on October 31, 2018
"On line cash" is neither a creditor nor an address. It's possible it wasn't listed because you failed to give a name, account number or address...
Archived
Do I have recourse for the damage my life has incurred due to a negligent officer who gave a fix it tkt for non broken issues?
Cindy's answer
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Answered on October 30, 2018
This is not a bankruptcy issue. I have changed the category.
Archived
What happens to an LLC's assets if it declares bankruptcy?
Cindy's answer
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Answered on October 27, 2018
If the expensive equipment belongs to the LLC, the bankruptcy trustee would sell it, collect the funds and pay the creditors from the proceeds. ...
Archived
Chapter 13 Trustee Question
Cindy's answer
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Answered on October 26, 2018
When a married couple is separated, the spouse who files is frequently instructed to list the separated spouse on the chance the other spouse may...
Archived
If the court rejects my chapter 7 filing and forces me to convert to a chapter 13, do I have to reset the 6 month look back?
Cindy's answer
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Answered on October 26, 2018
If the case is converted, the 6 months runs from the date of the original filing. If the case is dismissed and refiled, the new filing date...
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