Duty to Disclose When you file for protection under the bankruptcy code, you must disclose all assets, property, and money that you own at the… Read More »Is there a requirement to disclose gifts or assets received when filing bankruptcy?
Do I have to disclose cryptocurrency, gift cards, tax refunds, or property in a safe deposit box? The definition of an asset is anything that… Read More »What is an asset for Bankruptcy purposes?
Can I remove a second mortgage in Chapter 7? Unfortunately, a second mortgage cannot be removed in Chapter 7 bankruptcy. However, some liens can be… Read More »Remove Mortgage in Bankruptcy
Public NoticeOn March 19, 2021, Chief Judge Maureen A. Tighe issued General Order 21-03 In Re: COVID-19 Public Emergency – Reopening of All Intake Areas… Read More »General Order 21-03 Reopening Intake Areas in All Divisions
Per: https://www.cacb.uscourts.gov/news “United States Bankruptcy Court Central District of CaliforniaPUBLIC NOTICE General Order 21-01 COVID-19 Public Emergency – Closure Of All Courthouses Through January 29,… Read More »General Order 21-01 COVID-19 Public Emergency – Closure Of All Courthouses Through January 29, 2021
United States Bankruptcy Court Central District of California PUBLIC NOTICE 2021 FEDERAL HOLIDAYS The Court will be closed on the following federal holidays during 2021.… Read More »United States Bankruptcy Court Holiday Schedule
To determine whether or not a severance pay will affect bankruptcy we first need to look at the bankruptcy qualifications, then the type of bankruptcy.… Read More »How will severance pay affect my bankruptcy ?
The Legislative Counsel’s Digest for Assembly Bill 1885 “Existing law provides that a specified portion of equity in a homestead, as defined, is exempt from… Read More »The 2021 California Homestead Exemption
Below is a sample of questions that we ask our clients to prepare their bankruptcy petition. – First name: – Middle name: –… Read More »Bankruptcy Questionnaire
*All requested documents are required prior to filing your bankruptcy petition. *Please SEND documents to rtran@tranbankruptcylaw.com *If you must provide hardcopies, please DO NOT staple… Read More »Bankruptcy Document Checklist
When you file bankruptcy you are required to list all of your creditors. Therefore, you should take the time to make sure all of your… Read More »What if I Forget to List a Creditor in Chapter 7
The federal government will soon begin issuing recovery rebates to qualified individuals under the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 (the… Read More »COPY OF NOTICE FROM US TRUSTEE TO CHAPTER 7 AND 13 TRUSTEES REGARDING RECOVERY REBATES PAID TO CONSUMER BANKRUPTCY DEBTORS UNDER THE CARES ACT OF 2020