Bankruptcy’s tie to homeownership
Does filing bankruptcy actually benefit homeowners seeking to avoid foreclosure?
Read More
Tag: chapter 7 bankruptcy
Is occupancy sufficient to establish residency for the purposes of claiming a homestead exemption?
In re Gilman Facts: An owner living in a residential property files for bankruptcy. The owner...
Read More
Is property owned in joint tenancy by a married couple presumed to be community property?
In re Brace Facts: A married couple purchases several residential properties, taking title as...
Read More
May a junior lien on a property be extinguished in Chapter 7 bankruptcy when the debt on the senior lien exceeds the property’s FMV?
Bank of America v. Caulkett Facts: A homeowner obtains two mortgages to fund their purchase of a...
Read More
Does a one-year bankruptcy discharge limitation protect a debtor’s property from a creditor’s lien?
Facts: A debtor filed a Chapter 13 bankruptcy petition and transferred property they owned into a...
Read More
Is a bankruptcy trustee able to recover administrative fees from a debtor’s $75,000 homestead exemption?
Facts: A debtor filed for Chapter 7 bankruptcy. The debtor declared $75,000 of net equity in their...
Read More
