Here is the situation: A friend of mine has a grand daughter in Oregon, where she lives with her mother. My friend lives in California. The mother has custody, but she is a drug user, grows marijuana at her home with no medical card. She shifts the grand daughter to other relatives or friends...
I am not positioning my myself. I am utilizing the option which is available. My question was regarding a Homestead Exemption in case we have to move. Maybe you are not familiar with the Homestead Exemption which is $75,000 in California. And by the way, I have retained counsel, and have an...
I am not positioning my myself. I am utilizing the option which is available. My question was regarding a Homestead Exemption in case we have to move. Maybe you are not familiar with the Homestead Exemption which is $75,000 in California. I take offense to your accusation!!!
I am about to file Chapter 7 bankruptcy. My wife & I live in a home which is upside down in value to loan amount. I was wiped out financialy due to a long and continuing battle with cancer. I have been on California State Disablility for 10 months. When the disability runs out, the only income I...
I have found out that if I file Chapter 7, half of the equity in the rental that my wife & her sister inheirited, is $70,000 for my wife. From what I understand from researching this situation, is my wifes equity is less than $75,000, which the amount that the bankruptcy court will allow. After...
Here is my question: I live in California, and it looks like I will be filing Chaper 7. We have a primary residence which is worth much less than owed. However, my wife & her sister own a rental home. If my wife and I were to move to the rental, would the household exemption keep the trustee...