Personal injury awards

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59, Consumer case, adult kids. The costs for the meds, care, etc. was
projected to be about $300k.
On Wednesday, June 3, 2015, Giovanni Orantes go@gobklaw.com [cdcbaa] wrote:
>
>
> How old are they? Do they have children? College age? Other costs, such
> as for medicine, therapy, pain management, etc? Was the Illinois
> foreclosure of an investment property? Would it be a consumer case or a
> non-consumer case?
>
> --
> Giovanni Orantes, Esq.*
> Orantes Law Firm, P.C.
> 3435 Wilshire Blvd. Suite 2920
> Los Angeles, CA 90010
> Tel: (213) 389-4362
> Fax: (877) 789-5776
> e-mail: go@gobklaw.com
> website: www.gobklaw.com
>
> **Certified Bankruptcy Specialist, State Bar of California, Board of Legal
> Specialization*
> *Board Certified - Business Bankruptcy Law - American Board of
> Certification
> *Board Certified - Consumer Bankruptcy Law - American Board of
> Certification
> Commercial Litigation
> Estate Planning
> Outside General Counsel
>
>
>
> WE ARE A "DEBT RELIEF AGENCY" AS DEFINED BY FEDERAL LAW.
>
> SERVING BAKERSFIELD, LOS ANGELES, ORANGE COUNTY, RIVERSIDE, SAN BERNARDINO
> AND SANTA BARBARA AND THE WORLD FOR CHAPTER 11 AND 15 CASES.
>
> Note: The information in this e-mail message is not intended to be legal
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> expressly contracted in writing to provide such advice. Furthermore, the
> information contained in this e-mail message is confidential information
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Holly Roark
Certified Bankruptcy Specialist*
*and Sports Lawyer*
holly@roarklawoffices.com **primary email address**
www.roarklawoffices.com
Central District of California - Consumer Bankruptcy Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067
T (310) 553-2600; F (310) 553-2601
*By State Bar of California Board of Legal Specialization
**Counsel for Chapter 13 Trustee Kathleen A. McCallister (Idaho) T (208)
922-5100
59, Consumer case, adult kids. The costs for the meds, care,etc. was projected to be about$300k.On Wednesday, June 3, 2015, Giovanni Orantes go@gobklaw.com [cdcbaa] <cdcbaa@yahoogroups.com> wrote:
How old are they? Do they have children? College age? Other costs, such as for medicine, therapy, pain management, etc? Was the Illinois foreclosure of an investment property? Would it be a consumer case or a non-consumer case?-- Giovanni Orantes, Esq.*Orantes Law Firm, P.C.3435 Wilshire Blvd. Suite 2920Los Angeles, CA 90010Tel: (213) 389-4362Fax: (877) 789-5776e-mail:
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Yahoo Bot
Posts: 22904
Joined: Sun Oct 18, 2020 11:38 pm


How old are they? Do they have children? College age? Other costs, such as
for medicine, therapy, pain management, etc? Was the Illinois foreclosure
of an investment property? Would it be a consumer case or a non-consumer
case?
Giovanni Orantes, Esq.*
Orantes Law Firm, P.C.
3435 Wilshire Blvd. Suite 2920
Los Angeles, CA 90010
Tel: (213) 389-4362
Fax: (877) 789-5776
e-mail: go@gobklaw.com
website: www.gobklaw.com
**Certified Bankruptcy Specialist, State Bar of California, Board of Legal
Specialization*
*Board Certified - Business Bankruptcy Law - American Board of Certification
*Board Certified - Consumer Bankruptcy Law - American Board of Certification
Commercial Litigation
Estate Planning
Outside General Counsel
WE ARE A "DEBT RELIEF AGENCY" AS DEFINED BY FEDERAL LAW.
SERVING BAKERSFIELD, LOS ANGELES, ORANGE COUNTY, RIVERSIDE, SAN BERNARDINO
AND SANTA BARBARA AND THE WORLD FOR CHAPTER 11 AND 15 CASES.
Note: The information in this e-mail message is not intended to be legal
advice and should not be relied upon as legal advice unless counsel
expressly contracted in writing to provide such advice. Furthermore, the
information contained in this e-mail message is confidential information
intended only for the use of the individual or entity named. If the reader
of this message is not the intended recipient or an agent responsible for
delivering it to the intended recipient, you are hereby notified that any
dissemination, distribution or copy of this communication is strictly
prohibited. If you have received this communication in error, please
immediately notify us by telephone or e-mail and delete the original e-mail
How old are they? Do they have children? College age? Other costs, such as for medicine, therapy, pain management, etc? Was the Illinois foreclosure of an investment property? Would it be a consumer case or a non-consumer case?-- Giovanni Orantes, Esq.*Orantes Law Firm, P.C.3435 Wilshire Blvd. Suite 2920Los Angeles, CA 90010Tel: (213) 389-4362Fax: (877) 789-5776e-mail: go@gobklaw.comwebsite: www.gobklaw.com
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Joined: Sun Oct 18, 2020 11:38 pm


Interesting case. Debtor's wife got a brain injury in a car accident with a
drunk driver. She's disabled and on SSDI. PI award will probably be $200k
to $250k. Bad luck debtor just got a $273k deficiency judgment in Illinois
from a judicial foreclosure.
Wife will need ongoing treatment and care which is estimated to be about
$300k. I know 704.140 says that the award is exempt to the extent
"necessary for the support" of the debtor. If it was just the wife it
would probably be fully exempt because the money is necessary, but debtor
makes $130k/yr.
I am going to review cases to see how this might pan out in a chapter 13
but was wondering whether any of you had dealt with a similar factual
scenario and whether the debtor was able to retain the funds for her own
care when spouse earned a sizeable income. Thanks for your input.
Holly Roark
Certified Bankruptcy Specialist*
*and Sports Lawyer*
holly@roarklawoffices.com **primary email address**
www.roarklawoffices.com
Central District of California - Consumer Bankruptcy Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067
T (310) 553-2600; F (310) 553-2601
*By State Bar of California Board of Legal Specialization
**Counsel for Chapter 13 Trustee Kathleen A. McCallister (Idaho) T (208)
922-5100
Interesting case. Debtor's wife got a brain injuryin a car accident with a drunk driver. She's disabled and on SSDI. PI award will probably be $200k to $250k. Bad luckdebtor just got a $273k deficiency judgment in Illinois from a judicial foreclosure.Wife will need ongoing treatment and care which is estimated to be about $300k. I know 704.140 says that the award is exempt to the extent "necessary for the support"of the debtor. If it was just the wife, but debtor makes $130k/yr.I am going to review cases to see how this might panout in a chapter 13 but was wondering whether any of you had dealt with a similar factual scenario and whether the debtor was able to retain the funds for her own carewhen spouse earned a sizeable income. Thanks for your input.-- Holly RoarkCertified Bankruptcy Specialist*and Sports Lawyer
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