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Ariz v. Calif waiting period & exemptions
Mark: That is a helpful site as a starting point; thanks for sharing. I wish it had an answer for Arizona.
I've tried to research this issue including searching Arizona statutes, but can't find a statute or case that specifically applies to AZ homestead exemptions in a BK case such as this,so I was hoping that our colleagues who are more familiar with AZ law could point me in the right direction.
Laura E. Young
________________________________
To: cdcbaa@yahoogroups.com
Sent: Friday, February 15, 2013 10:05 AM
Subject: Re: [cdcbaa] Ariz v. Calif waiting period & exemptions
I'm rushing out the door to meetings, but take a look at this site:
http://www.exemptionsexpress.com/Alabam ... souri.html
It looks like Arizona law is "unknown" on this issue as to whether extraterritoriality would apply
*************************
Mark J. Markus
Law Office of Mark J. Markus
11684 Ventura Blvd. PMB #403
Studio City, CA 91604-2652
(818)509-1173 (818)509-1460 (fax)
web: http://www.bklaw.com/
Certified Bankruptcy Law Specialist--The State Bar of California Board of Legal Specialization
This Firm is a Qualified Federal Debt Relief Agency (see what this means at
The post was migrated from Yahoo.
I'm rushing out the door to meetings, but take a look at this site:
http://www.exemptionsexpress.com/Alabam ... souri.html
It looks like Arizona law is "unknown" on this issue as to whether
extraterritoriality would apply
*************************
Mark J. Markus
Law Office of Mark J. Markus
11684 Ventura Blvd. PMB #403
Studio City, CA 91604-2652
(818)509-1173 (818)509-1460 (fax)
web: http://www.bklaw.com/
Certified Bankruptcy Law Specialist--The State Bar of California
Board of Legal Specialization
This Firm is a Qualified Federal Debt Relief Agency (see what this
means at
The post was migrated from Yahoo.
What does the statute tell you?
If you have any questions or concerns, please contact me.
Pat
Patrick T. Green
Attorney at Law
Fitzgerald & Green
1010 E. Union St. Ste. 206
Pasadena, CA 91106
Tel: 626-449-8433
Fax: 626-449-0565
pat@fitzgreenlaw.com
The post was migrated from Yahoo.
I am receiving conflicting information on the following situation so I could use the Listserv's help: I havepotential clients who moved from AZ to CA in March 2011; they have a small farm worth about $80k in CA.Their AZ house was foreclosed inJuly 2012. The couple was told by an AZ attorney that they have to file BK in CA within 2 years in order to keep the $150k AZ exemption, and the March '13 date is fast approaching.
A colleague had advised me that AZ exemptions are not extra-territorial, so the clients can't claim those, but need to wait the full 2 years plus 180 days to file in CA, otherwise they will be required to use the federal exemptions which won't cover the real property.
Any help with this Arizona vs. California waiting period and exemptions would be appreciated.
Laura E. Young
2122 N. Broadway
Santa Ana CA 92706
714-571-0042
714-571-0119 (fax)
lyounglaw@yahoo.com
The post was migrated from Yahoo.