Weaverville, CA Bankruptcy Law Firms & Lawyers

If he discharged the debt in his bankruptcy you are enjoined from collection from him. There are exceptions. I am happy to discuss these issues with you. Please call to schedule a free consultation.

That is a problem plaguing many people who filed for bankruptcy protection. It is somewhat unanticipated that the banks would not foreclose right away, but banks are very shrewd - though some are not, such as Deutsche Bank who is the subject of a lawsuit as a slum-lord because it foreclosed on many properties, which are now in disrepair, etc. Many bankruptcy attorneys are trying to find a good solution to your problem. One solution being explored is to quitclaim the property to the bank, which would remove you from title. You also could transfer title to another entity. While either or both of these solutions may solve your problem, please note that neither of these two solutions has been thoroughly vetted and no attorney-client relationship is intended or formed by this communication.

The court will sell valuable personal property that doesn't have an exemption. Most hoarders seem to have houses full of junk that has no value (often it has negative value, in that, you'd have to pay someone to haul the junk away, then disinfect the house). If she actually has items which can be sold for cash, the court will probably take those items. But just because something has value doesn't mean the trustee can readily sell it. For example, I had a bankruptcy client who owned a single gold and ruby inlaid teacup and saucer that appears to be from the pope's private dining service from around 1900. If she had, say, the complete set with the place settings for 150, serving bowls etc etc, an appraiser told me it would be worth millions; the single cup and saucer might be worth maybe $5,000 but the costs of authenticating it and selling it would be more than it's worth. The trustee only takes what can be converted to cash. So real estate, bank accounts, cars, those are things the trustee really wants. The hat John Wayne wore in Rio Bravo, not so much. And a collection of the local newspaper going back the 1961, not at all.