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New Homestead Amounts Retroactive?
Here is a hint..."Debtor filed his case in 2009."
To: cdcbaa@yahoogroups.com
Date: Wed, 3 Mar 2010 15:03:29 -0800
Subject: [cdcbaa] New Homestead Amounts Retroactive?
If a Debtor filed his case in 2009, and exempted his real property using the 704 set is he entitled to take advantage of the new homestead exemption amounts as of 01/01/2010? Trustee has decided that FMV of real property is higher than scheduled and is proposing a buyout of the non-exempt equity value in the property
Brand & Spellman PC
3836 E. Anaheim St.
Long Beach, CA 90804
562-438-7500
888-99-BKRPT (888-992-5778)
www.brandspellman.com
This message originates from the law firm of Brand & Spellman PC and may contain legally privileged and confidential information intended solely for the use of the addressee. If you are not the intended recipient and have received this message in error, please notify us at info@brandspellman.com and delete this email from your system. Any unauthorized reading, distribution, copying, or other use of this email or its attachments is strictly prohibited.
The post was migrated from Yahoo.
No, increases in exemption amounts are NOT retroactive.
David A. Tilem
Certified Bankruptcy Specialist*
Law Offices of David A. Tilem (a debt relief agency)
206 N. Jackson Street, #201, Glendale, CA 91206
Tel: 818-507-6000 Fax: 818-507-6800
* Bankruptcy specialist cert. by State Bar of CA Bd of Legal
Specialization.
Donny Brand
Sent: Wednesday, March 03, 2010 3:03 PM
To: cdcbaa@yahoogroups.com
Subject: [cdcbaa] New Homestead Amounts Retroactive?
If a Debtor filed his case in 2009, and exempted his real property using the
704 set is he entitled to take advantage of the new homestead exemption
amounts as of 01/01/2010? Trustee has decided that FMV of real property is
higher than scheduled and is proposing a buyout of the non-exempt equity
value in the property
Brand & Spellman PC
3836 E. Anaheim St.
Long Beach, CA 90804
562-438-7500
888-99-BKRPT (888-992-5778)
www.brandspellman.com
This message originates from the law firm of Brand & Spellman PC and may
contain legally privileged and confidential information intended solely for
the use of the addressee. If you are not the intended recipient and have
received this message in error, please notify us at
info@brandspellman.com and delete this email
from your system. Any unauthorized reading, distribution, copying, or other
use of this email or its attachments is strictly prohibited.
Message
No, increases in exemption
amounts are NOT retroactive.
David A.
Tilem
Certified Bankruptcy
Specialist*
The post was migrated from Yahoo.
charset="US-ASCII"
If a Debtor filed his case in 2009, and exempted his real property using the
704 set - is he entitled to take advantage of the new homestead exemption
amounts as of 01/01/2010? Trustee has decided that FMV of real property is
higher than scheduled and is proposing a buyout of the non-exempt equity
value in the property.
Brand & Spellman PC
3836 E. Anaheim St.
Long Beach, CA 90804
562-438-7500
888-99-BKRPT (888-992-5778)
www.brandspellman.com
This message originates from the law firm of Brand & Spellman PC and may
contain legally privileged and confidential information intended solely for
the use of the addressee. If you are not the intended recipient and have
received this message in error, please notify us at
info@brandspellman.com and delete this email
from your system. Any unauthorized reading, distribution, copying, or other
use of this email or its attachments is strictly prohibited.
charset="US-ASCII"
If a Debtor filed his case in 2009, and exempted his real
property using the 704 set – is he entitled to take advantage of the new
homestead exemption amounts as of 01/01/2010? Trustee has decided that
FMV of real property is higher than scheduled and is proposing a buyout of the
non-exempt equity value in the property…
Brand
& Spellman PC
3836
E. Anaheim St.
Long
Beach, CA 90804
562-438-7500
888-99-BKRPT
(888-992-5778)
www.brandspellman.com
--------------------
This
message originates from the law firm of Brand & Spellman PC and may contain
legally privileged and confidential information intended solely for the use of
the addressee. If you are not the intended recipient and have received this
message in error, please notify us at info@brandspellman.com and delete this email from
your system. Any unauthorized reading, distribution, copying, or other use of
this email or its attachments is strictly prohibited.
The post was migrated from Yahoo.