Thursday 17 April 2014

Both spouses jointly own a home in California. One moved out and rents and the other spouse lives in the home. What will the homestead exemp...

Question

Both spouses jointly own a home in California. One moved out and rents and the other spouse lives in the home. What will the homestead exemption be if they both file together for chapter 7 bankruptcy?



Answer

El Cajon Bankruptcy Lawyer To double or not to double? That is the question. Doubling of a homestead exemption requires further analysis. We offer a free confidential consultation.



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