Many of my clients come to me after a personal injury has rendered them unable to work. Their income loss causes them to default on their debt payments. Often this results in them needing to file bankruptcy. This article explains how personal injury claims can be protected in bankruptcy in California. And how to get a referral for a good PI Attorney. Personal Injury Claims In Bankruptcy Many bankruptcy cases become necessary due to medical expenses incurred after an accident. [...]

What Is A Homestead Exemption? A huge concern for those who need to file bankruptcy is whether they will lose their home. [pullquote]See More On Exemptions In Bankruptcy[/pullquote] Every state has "exemptions" which protect the homestead (where one resides) up to a certain value. Until now, California's homestead exemptions were relatively low compared to other states. People filing bankruptcy often could not do a Chapter 7 case because they could not protect enough equity in their home. And the bankruptcy [...]

California Homestead Exemption Will Increase In January 2021 On September 2, 2020 the California legislature passed AB 1885 (and SB 832) which will substantially increase California's homestead exemption. This is a very important change and will enable many homeowners to eliminate their debts in bankruptcy without having to lose their homes to do so. The current homestead exemption, under CCP 704.730,  ranges between $75,000 to $175,000 and depends on whether you are single, married, over 65 or disabled, or with [...]