Be careful if you are filing for bankruptcy whether the living trust is the
debtor. Only business trusts are allowed to be debtors.
**
Robert Kevin Lee | Certified Specialist in Bankruptcy Law
State Bar of California, Board of Legal Specialization
American Board of Certification
3435 Wilshire Boulevard, Suite 1035, Los Angeles, CA 90010
p. 888-777-0839 f. 888-777-0849 c. 310-384-4990 e.
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On Tue, Feb 12, 2013 at 12:33 PM, Link Schrader
wrote:
> **
>
>
> Bert,
>
> The filing of a bankruptcy for anyone who has an interest in the property
> would stop the foreclosure sale, but I suggest contacting a probate/trusts
> attorney.
>
> I recently saw a state court filing that stopped a sale on these exact
> facts.
>
> *Link Schrader, Attorney*
>
> Law Office of Link W. Schrader
>
> Mail: P.O. Box 3723, Tustin, CA 92781
>
> Office: 106 W. 4th Street, Suite #308, Santa Ana, CA 92701
>
> Office: (714) 542-5922; Mobile/Text: (310) 413-6924
>
> San Diego: (619) 952-8342; Fax: (310) 878-4158
>
>
www.schrader-law.com
>
>
> ______________________________________________________________________________________________________
>
> *This communication and any files transmitted with it contain information
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>
> On Tue, Feb 12, 2013 at 12:27 PM, Bert Briones wrote:
>
>> **
>>
>>
>> I just received a call from the Personal Representative (Executor) of the
>> Estate of a deceased individual. Not in probate and title has not passed.
>> He wants to eventially sell the subject real property, but it facing a
>> trustee foreclosure sale later this week.
>>
>> He wants to file to stop the foreclosure proceedings.
>>
>> I am thinking that an estate is not an individual or any of the other
>> categories of eligible debtors.
>>
>> Not sure how to proceed.
>>
>>
>
> *Link Schrader, Attorney*
> Law Office of Link W. Schrader
> Mail: P.O. Box 3723, Tustin, CA 92781
> Office: 106 W. 4th Street, Suite #308, Santa Ana,
> CA 92701
> Office: (714) 542-5922; Mobile/Text: (310) 413-6924
> San Diego: (619) 952-8342; Fax: (310) 878-4158
>
www.schrader-law.com
> ______________________________**______________________________**
> ______________________________**____________
> This communication and any files transmitted with it contain information
> which is confidential and may be privileged and exempt from disclosure
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> or intended recipient. You are hereby notified that any use, dissemination
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> received this communication in error, please notify the sender. Thank you
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>
>
>
Be careful if you are filing for bankruptcy whether the living trust is the debtor. Only business trusts are allowed to be debtors.
The post was migrated from Yahoo.