The California Homestead Exemption’s Requirements of Residing in the Home and Intending to Continue Doing So The California homestead exemption amount’s huge increase at the beginning of 2021 has made it all the more important to understand when the exemption does apply to a home and when it does not. A number of practical issues […]
How can you protect your California Workers’ Compensation in bankruptcy? You’re hurting financially and thinking about filing bankruptcy. Let’s assume a big part of the reason you’re in financial trouble is that you were hurt at work. You either have a workers’ compensation claim pending or it’s been resolved and you’re getting benefits. You want […]
Huge Increase in California Homestead Exemption The homestead exemption protects a specific dollar amount of a homeowner’s home equity from his or her creditors. In California, the California homestead exemption amount of protection is substantially increasing as of January 1, 2021. This increase in protection makes it much more likely that homeowners in financial difficulty […]
The automatic stay protects you from collection actions from most debts but it does not stop criminal proceedings, tax assessments, and governments police and regulatory powers.
Bankruptcy Appeals Court Ruling Protects Your Pawned Property under Chapter 13 where you still have the right to redeem the property.
Filing for bankruptcy protection can help you reinstate or stop the suspension of your California contractor’s license.
How a Judgment Can Result in Suspension of Your California Contractor License, and How to Prevent This
Chapter 7 and Chapter 13 bankruptcy can provide you with options to avoid the sale of your home to prevent its foreclosure.
People often delay getting advice from a bankruptcy attorney and seeking assistance for filing for bankruptcy. Delaying this can have detrimental consequences.
The 9th Circuit BAP indicated that the factors to determine whether you can claim a California homestead exemption are the physical occupancy of the property and the debtor’s intention to live there. Lack of physical occupancy does not preclude someone from establishing residency.
There are limitations on the California homestead exemption for recently acquired homes. This limitation may apply to you if you have acquired your home within 1215 days of filing for bankruptcy.
Filing for bankruptcy can give you the time you need to get your vehicle back. It will give you the opportunity to examine your options for getting your repossessed vehicle back.