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704 Exemptions/Exemptions on Levy Prior to BK
I use it to exempt bank deposits and cash on hand , so long as the balances on
hand came from earnings within 30 days of the filing
Kenneth Jay Schwartz, Esq.
LAW OFFICE OF KENNETH JAY SCHWARTZ
21031 Ventura Boulevard, Suite 640
Woodland Hills, California 91364-2226
Telephone: (818) 226-1205
Facsimile : (818) 226-1213
THE INFORMATION CONTAINED IN THIS E-MAIL IS INTENDED ONLY FOR THE PERSONAL AND
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________________________________
To: "cdcbaa@yahoogroups.com"
Sent: Sun, April 29, 2012 2:50:06 PM
Subject: RE: [cdcbaa] 704 Exemptions/Exemptions on Levy Prior to BK
Reread the code. 75% of last 30 days. If undet two thpisand likly not
questionedby the trusyee Jonathan D. Leventhal Leventhal Law Group, P. C.818-347-5800 NO EX-PARTE NOTICE VIA VOICE MAIL OR EMAIL: I do not accepte-mail notice for ex parte Applications via voicemail or by email. You mustcomply with California Law and give notice to a person in my office duringregular business hours. This email and any attachments thereto may containprivate, confidential, and privileged material for the sole use of the intended
recipient. Any review, copying, or distribution of this email (or any
attachments thereto) by others is strictly prohibited. If you are not the
intended recipient, please contact the sender immediately and permanently delete
the original and any copies of this email and any attachments thereto.
Leventhal Law Group, P.C. is a Debt Relief Agency under federal law. Note: The
Leventhal Law Group, P.C. does not reprenet you until a written fee agreement
has been signed by you and a representative of the Leventhal Law Group, and all
"
To: "cdcbaa@yahoogroups.com"
Sent: 04/29/2012 2:20 PM Subject: [cdcbaa] 704
Exemptions/Exemptions on Levy Prior to BK
I have my first two Chapter 7 cases where the debtors have enough equity in
their homes to justify using the 704 exemptions. I read that 75% of wages is
exempt, so to figure this amount do I take 75% of the normal gross/net income
and exempt that amount? Can I use the 75% of wages to exempt equity in
non-cash items, such as an automobile.
If parents have set up savings accounts or savings bonds for their minor
children, must I exempt this amount or can I show it as belonging to the minor
child?
Finally, any experience on claiming exemptions from levy prior to filing
bankruptcy would be appreciated.
Link Schrader, Attorney
Law Office of Link W. Schrader
I use it to exempt bank deposits and cash on hand , so long as the balances on hand came from earnings within 30 days of the filing Kenneth Jay Schwartz, Esq.LAW OFFICE OF KENNETH JAY SCHWARTZ21031 Ventura Boulevard, Suite 640Woodland Hills, California 91364-2226Telephone: (818) 226-1205Facsimile : (818) 226-1213THE INFORMATION CONTAINED IN THIS E-MAIL IS INTENDED ONLY FOR THE PERSONAL AND CONFIDENTIAL USE OF THE DESIGNATED RECIPIENT(S) NAMED ABOVE. THIS MESSAGE MAY BE AN ATTORNEY-CLIENT COMMUNICATION, AND, AS SUCH, IS PRIVILEGED AND CONFIDENTIAL. IF THE READER OF THIS MESSAGE IS NOT THE INTENDED RECIPIENT OR AN AGENT RESPONSIBLE FOR DELIVERING IT TO THE DESIGNATED RECIPIENT, YOU ARE HEREBY NOTIFIED THAT YOU HAVE RECEIVED THIS
E-MAIL IN ERROR, AND THAT ANY REVIEW, DISSEMINATION, DISTRIBUTION OR COPYING OF THIS MESSAGE IS STRICTLY PROHIBITED. IF YOU HAVE RECEIVED THIS COMMUNICATION IN ERROR, PLEASE NOTIFY US IMMEDIATELY. THANK YOU.From: "Leventhal Law Group, P.C." <law@3yl.com>To: "cdcbaa@yahoogroups.com" <cdcbaa@yahoogroups.com>Sent: Sun, April 29, 2012 2:50:06 PMSubject: RE: [cdcbaa] 704 Exemptions/Exemptions on Levy Prior to BK
Reread the code. 75% of last 30 days. If undet two thpisand likly not questionedby the trusyee
Jonathan D. Leventhal
Leventhal Law Group, P. C.
818-347-5800
NO EX-PARTE NOTICE VIA VOICE MAIL OR EMAIL: I do not accept e-mail notice for ex parte Applications via voicemail or by email. You must comply with California Law and give notice to a person in my office during regular business hours.
This email and any attachments thereto may contain private, confidential, and privileged material for the sole use of the intended recipient. Any review, copying, or distribution of this email (or any attachments thereto) by others is strictly prohibited. If you are not the intended recipient, please contact the sender immediately and permanently delete the original and any copies of this email and any attachments thereto.
Leventhal Law Group, P.C. is a Debt Relief Agency under federal law.
Note: The Leventhal Law Group, P.C. does not reprenet you until a written fee agreement has been signed by you and a representative of the Leventhal Law Group, and all fees have been paid.
To: "cdcbaa@yahoogroups.com" <cdcbaa@yahoogroups.com>
Sent: 04/29/2012 2:20 PM
Subject: [cdcbaa] 704 Exemptions/Exemptions on Levy Prior to BK
I have my first two Chapter 7 cases where the debtors have enough equity in their homes to justify using the 704 exemptions. I read that 75% of wages is exempt, so to figure this amount do I take 75% of
the normal gross/net income and exempt that amount? Can I use the an automobile.
If parents have set up savings accounts or savings bonds for their minor children, must I exempt this amount or can I show it as belonging to the minor child?
Finally, any experience on claiming exemptions from levy prior to filing bankruptcy would be appreciated.
Link Schrader, Attorney
Law Office of Link W. Schrader
The post was migrated from Yahoo.
Reread the code. 75% of last 30 days. If undet two thpisand likly not questionedby the trusyee
Jonathan D. Leventhal
Leventhal Law Group, P. C.
818-347-5800
NO EX-PARTE NOTICE VIA VOICE MAIL OR EMAIL: I do not accept e-mail notice for ex parte Applications via voicemail or by email. You must comply with California Law and give notice to a person in my office during regular business hours.
This email and any attachments thereto may contain private, confidential, and privileged material for the sole use of the intended recipient. Any review, copying, or distribution of this email (or any attachments thereto) by others is strictly prohibited. If you are not the intended recipient, please contact the sender immediately and permanently delete the original and any copies of this email and any attachments thereto.
Leventhal Law Group, P.C. is a Debt Relief Agency under federal law.
Note: The Leventhal Law Group, P.C. does not reprenet you until a written fee agreement has been signed by you and a representative of the Leventhal Law Group, and all fees have been paid.
To: "cdcbaa@yahoogroups.com"
Sent: 04/29/2012 2:20 PM
Subject: [cdcbaa] 704 Exemptions/Exemptions on Levy Prior to BK
I have my first two Chapter 7 cases where the debtors have enough equity in their homes to justify using the 704 exemptions. I read that 75% of wages is exempt, so to figure this amount do I take 75% of the normal gross/net income and exempt that amount? Can I use the 75% of wages to exempt equity in non-cash items, such as an automobile.
If parents have set up savings accounts or savings bonds for their minor children, must I exempt this amount or can I show it as belonging to the minor child?
Finally, any experience on claiming exemptions from levy prior to filing bankruptcy would be appreciated.
Link Schrader, Attorney
Law Office of Link W. Schrader
Reread the code. 75% of last 30 days. If undet two thpisand likly not questionedby the trusyee
Jonathan D. Leventhal
Leventhal Law Group, P. C.
818-347-5800
NO EX-PARTE NOTICE VIA VOICE MAIL OR EMAIL: I do not accept e-mail notice for ex parte Applications via voicemail or by email. You must comply with California Law and give notice to a person in my office during regular business hours.
This email and any attachments thereto may contain private, confidential, and privileged material for the sole use of the intended recipient. Any review, copying, or distribution of this email (or any attachments thereto) by others is strictly prohibited. If you are not the intended recipient, please contact the sender immediately and permanently delete the original and any copies of this email and any attachments thereto.
Leventhal Law Group, P.C. is a Debt Relief Agency under federal law.
Note: The Leventhal Law Group, P.C. does not reprenet you until a written fee agreement has been signed by you and a representative of the Leventhal Law Group, and all fees have been paid.
To: "cdcbaa@yahoogroups.com" <cdcbaa@yahoogroups.com>
Sent: 04/29/2012 2:20 PM
Subject: [cdcbaa] 704 Exemptions/Exemptions on Levy Prior to BK
I have my first two Chapter 7 cases where the debtors have enough equity in their homes to justify using the 704 exemptions. I read that 75% of wages is exempt, so to figure this amount do I take 75% of
the normal gross/net income and exempt that amount? Can I use the e.
If parents have set up savings accounts or savings bonds for their minor children, must I exempt this amount or can I show it as belonging to the minor child?
Finally, any experience on claiming exemptions from levy prior to filing bankruptcy would be appreciated.
Link Schrader, Attorney
Law Office of Link W. Schrader
The post was migrated from Yahoo.
I have my first two Chapter 7 cases where the debtors' have enough equity in their homes to justify using the 704 exemptions. I read that 75% of wages is exempt, so to figure this amount do I take 75% of the normal gross/net income and exempt that amount? Can I use the "75% of wages" to exempt equity in non-cash items, such as an automobile.
If parents have set up savings accounts or savings bonds for their minor children, must I exempt this amount or can I show it as belonging to the minor child?
Finally, any experience on claiming exemptions from levy prior to filing bankruptcy would be appreciated.
Link Schrader, Attorney
Law Office of Link W. Schrader
The post was migrated from Yahoo.