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Out of state Homestead
Review the 9th Circuit "In re Arrol" case. I used it once to exempt
Debtor's Michigan homestead.
Gerry
Gerald McNally
McNally & Associates, P.C.
517 East Wilson Ave., Ste 104
Glendale, CA 91206
818.507.5100
Fax: 818.507.5001
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Just another good reason to have you and your clients writing letters to
their Assembly members
M. Erik Clark
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100 N. Barranca Street, Suite 250
West Covina, CA 91791
www.BorowitzClark.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:* Wednesday, June 10, 2015 4:44 PM
*To:* cdcbaa@yahoogroups.com
*Subject:* RE: [cdcbaa] Out of state Homestead
If SB308 passes the Assembly it will eliminate the 6 month reinvestment
requirement (if your client can wait to file). The vote should be coming up
soon.
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Shannon A. Doyle
*Attorney | Virtual Bankruptcy Assistant*
*Phone: 855-378-4080*
*Fax: 562-249-8435*
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My client wants to spend his homestead in the state of Washington. It looks to me that the limit up there is $125,000. Am I correct that this meets the homestead requirements so long as he buys within the six month deadline? Are there any other issues with respect to using the homestead in another state?
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