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Homestead Exemption Proceeds
HR 1853 died in the appropriations committee. This was the bill that
intended to do away with the 6 month reinvestment rule, among others.
The appropriations committee is chaired by Assemblyman Gatto of
Burbank/Glendale
In my opinion, we need to start educating these legislators of the harm
done to our clients by these rules.
M. Erik Clark
[image: BCLogoSmall]
100 N. Barranca Avenue, Suite 250
West Covina, CA 91791
www.blclaw.com
Office: (626) 332-8600
Fax: (626) 332-8644
Board Certified in Consumer Bankruptcy
American Board of Certification
*From:* cdcbaa@yahoogroups.com [mailto:cdcbaa@yahoogroups.com]
*Sent:* Monday, June 09, 2014 11:24 AM
*To:* cdcbaa@yahoogroups.com
*Subject:* Re: [cdcbaa] Homestead Exemption Proceeds
Does anyone know what happened to the proposed amendments to the
exemptions contained at the end of that article just posted by Peter? Is
this the pending exemption bill that Dennis was referring to?
The post was migrated from Yahoo.
I found the attached materials with a Yahoo search.
Is this the article?
Law Office of Peter M. Lively * Personal Financial Law Center I
11268 Washington Boulevard, Suite 203, Culver City, California 90230-4647
Telephone: (310) 391-2400* Toll Free: (800) 307-3328 * Fax: (310) 391-2462
On Saturday, June 7, 2014 8:32 PM, "jhayes@hayesbklaw.com [cdcbaa]" wrote:
Okay I apologize. You're watching OT2 eh?
The post was migrated from Yahoo.
I disagree. Apology necessary.
Dennis McGoldrick, 350 S. Crenshaw Bl., #A207B, Torrance, Ca 90503 310-328-1001-voice
> On Jun 7, 2014, at 3:16 PM, "jhayes@hayesbklaw.com [cdcbaa]" wrote:
>
> No need to apologize. You are a valuable resource on this listserve. Jon
>
>
The post was migrated from Yahoo.
You're right. Lapse of judgment on my part. I apologize.
On Saturday, June 7, 2014, cdcbaa cdcbaamailbox@gmail.com [cdcbaa] wrote:
>
>
> Please do not make derogatory comments about other members of our bar, or
> sitting judges on our listserve. All you had to say was, "*I am not a
> big fan of the rutter guide *."
>
>
>
> d
>
> Dennis McGoldrick, 350 S. Crenshaw Bl., #A207B, Torrance, Ca 90503
> 310-328-1001-voice.[image: cid:part1.03050307.05030101@bklaw.com]
>
>
>
>
Sincerely,
Michael Avanesian
Law Offices of David A. Tilem
www.tilemlaw.com
818-507-6000
You're right. Lapse of judgment on my part. I apologize.On Saturday, June 7, 2014, cdcbaa cdcbaamailbox@gmail.com [cdcbaa] <cdcbaa@yahoogroups.com> wrote:
Please do not make derogatory comments about other members of our bar, or sitting judges on our listserve. All you had to say was, "I am not a big fan of the rutter guide."
dDennis McGoldrick, 350 S. Crenshaw Bl., #A207B, Torrance, Ca 90503 310-328-1001-voice.
-- Sincerely, Michael AvanesianLaw Offices of David A. Tilemwww.tilemlaw.com
818-507-6000
The post was migrated from Yahoo.
charset-ascii
Please do not make derogatory comments about other members of our bar, or sitting judges on our listserve. All you had to say was, "I am not a big fan of the rutter guide ."
d
Dennis McGoldrick, 350 S. Crenshaw Bl., #A207B, Torrance, Ca 90503 310-328-1001-voice.
>
>
>
Please do not make derogatory comments about other members of our bar, or sitting judges on our listserve. All you had to say was, "I am not a big fan of the rutter guide ."d Dennis McGoldrick, 350 S. Crenshaw Bl., #A207B, Torrance, Ca 90503 310-328-1001-voice.
The post was migrated from Yahoo.
Didn"t Judge Ahart opine that this outcome was only for a declared homestead? That is a homestead recorded at the Co. recorder, prepetition?
I'd like to read that article again, can anyone post it?
d
Dennis McGoldrick, 350 S. Crenshaw Bl., #A207B, Torrance, Ca 90503 310-328-1001-voice
> On Jun 5, 2014, at 6:52 PM, "Havkin Stella havkinlaw@earthlink.net [cdcbaa]" wrote:
>
> Depends if you follow Jacobsen. If it is deemed to be an involuntary sale according to Judge Ahart's article on the subject, then no.
>
> -----Original Message-----
> Sent: Jun 5, 2014 6:34 PM
> To: cdcbaa@yahoogroups.com
> Subject: [cdcbaa] Homestead Exemption Proceeds
>
> Suppose the chapter 7 trustee sells the debtor's home and gives the debtor the $100k as the homestead exemption. Does the debtor then have to reinvest it in 6 months or lose it?
>
>
> Yikes, another thing to worry about.
>
The post was migrated from Yahoo.
yes, although, I am told there is a new exemptions bill pending to fix this. Probably won't be retroactive.
d
Dennis McGoldrick, 350 S. Crenshaw Bl., #A207B, Torrance, Ca 90503 310-328-1001-voice
> On Jun 5, 2014, at 6:34 PM, "jhayes@hayesbklaw.com [cdcbaa]" wrote:
>
> Suppose the chapter 7 trustee sells the debtor's home and gives the debtor the $100k as the homestead exemption. Does the debtor then have to reinvest it in 6 months or lose it?
>
>
>
> Yikes, another thing to worry about.
>
>
The post was migrated from Yahoo.