community property from separate property
Posted: Sun Mar 05, 2017 3:23 pm
Thank you very much!
Christie Cronenweth
Law Offices of Christie Cronenweth
25202 Crenshaw Blvd., Suite 207
Torrance, CA 90505
310-257-4995 ph
310-257-4996 fx
cronenwethlaw@yahoo.com
www.cronenwethlaw.com
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The Law Offices of Christie Cronenweth is a debt relief agency engaged in the practice of aiding people to file for bankruptcy under the Bankruptcy Code.
> On Mar 5, 2017, at 3:13 PM, Yahoo petermlively2000@yahoo.com [cdcbaa] wrote:
>
> Search "Moore Marsden calculation" for the formula to determine community property interest in separate property resulting from community income payments toward secured home loans.
>
> Sent from my iPhone - please excuse typos.
>
>> On Mar 5, 2017, at 11:11 AM, 'Christie C.' cronenwethlaw@yahoo.com [cdcbaa] wrote:
>>
>>
>> Much thanks Steven!
>>
>> Christie Cronenweth
>>
>> Law Offices of Christie Cronenweth
>> 25202 Crenshaw Blvd., Suite 207
>> Torrance, CA 90505
>> 310-257-4995 ph
>> 310-257-4996 fx
>> cronenwethlaw@yahoo.com
>> www.cronenwethlaw.com
>>
>> Confidentiality
>>
>> The information contained in this email message is legally privileged
>> and confidential information intended only for the use of the individual
>> or entity named. If the reader of this message is not the intended recipient,
>> you are advised not to read the attachments and you are hereby notified>> that any dissemination, distribution or copy of this email is strictly prohibited. This email is an Attorney-Client communication, and an Attorney-Client work product.
>>
>> If you have received this email in error, please immediately notify us by
>> telephone and delete the email. Thank you.
>>
>> The Law Offices of Christie Cronenweth is a debt relief agency engaged in the practice of aiding people to file for bankruptcy under the Bankruptcy Code.
>>
>>> On Mar 5, 2017, at 10:55 AM, 'Steven B. Lever' sblever@leverlaw.com [cdcbaa] wrote:
>>>
>>>
>>> Hi Christie:
>>>
>>>
>>>
>>> 3 years isnt long so you probably dont have a problem if youre only filing the wife as equity as a percentage is likely to be minimal, but absent a prenup there is some mixture of mortgage paydown and price appreciation that still belong to the wife.
>>>
>>>
>>>
>>> It also depends if there are other assets. I had a case where a debtor was married to a saver, and that really complicated things.
>>>
>>>
>>>
>>> Also dont make the mistake that only half the community property goes into the estate: It all goes into the estate.
>>>
>>>
>>>
>>> Steve Lever
>>>
>>>
>>>
>>>
>>>
>>> Sent: Saturday, March 04, 2017 5:53 PM
>>> To: cdcbaa@yahoogroups.com
>>> Subject: [cdcbaa] RE: community property from separate property
>>>
>>>
>>>
>>>
>>>
>>> Does anyone have a handle on how to handle this?
>>>
>>>
>>>
>>> Husband owned house prior to marriage. Married three years.
>>>
>>>
>>>
>>> Shouldn't some of the built equity be considered community property since his income paid it?
>>>
>>>
>>>
>>> I see many trustees treating the house like it's all separate. Happy to go along with that, but it makes me too nervous for those that may not see it that way.
>>>
>>>
>>>
>>> Any thoughts? Trustees?
>>>
>>>
>>>
>>> Much thanks,
>>>
>>>
>>> Christie Cronenweth
>>>
>>> Law Offices of Christie Cronenweth
>>> 25202 Crenshaw Blvd., Suite 207
>>> Torrance, CA 90505
>>> 310-257-4995 ph
>>> 310-257-4996 fx
>>> cronenwethlaw@yahoo.com
>>> www.cronenwethlaw.com
>>>
>>> Confidentiality
>>>
>>> The information contained in this email message is legally privileged
>>> and confidential information intended only for the use of the individual
>>> or entity named. If the reader of this message is not the intended recipient,
>>> you are advised not to read the attachments and you are hereby notified>>> that any dissemination, distribution or copy of this email is strictly prohibited. This email is an Attorney-Client communication, and an Attorney-Client work product.
>>>
>>> If you have received this email in error, please immediately notify us by
>>> telephone and delete the email. Thank you.
>>>
>>> The Law Offices of Christie Cronenweth is a debt relief agency engaged in the practice of aiding people to file for bankruptcy under the Bankruptcy Code.
>>>
>>>
>
>
The post was migrated from Yahoo.