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Amending Schedules - Homestead Exemption

Posted: Thu Mar 09, 2017 10:15 am
by Yahoo Bot

SeeRule 1009(a)Peter M. Lively, J.D., M.B.A.
Law Office of Peter M. Lively * Personal Financial Law Center I
11268 Washington Boulevard, Suite 203, Culver City, California 90230-4647
Telephone: (310) 391-2400* Toll Free: (800) 307-3328 * Fax: (310) 391-2462
On Thursday, March 9, 2017 9:50 AM, "'Thomas Tedesco' ttedesco@pacbell.net [cdcbaa]" wrote:
HI All: Question. I adopted (subbed into) an ugly Chapter 7 case. Most recently, two (522f) motions to remove judgment liens were filed utilizing the $100k homestead exemption. Issue, based upon the Debtors original schedules, he did not claim the homestead, and used the 703 exemptions. Creditor has objected to the 522f motion based upon Debtor not claiming the homestead. My intent is to amend the schedules and use the 704 exemptions. Is there a problem amending the schedules after the filing of the 522f motion? Thanks for your input. Thomas J. Tedesco, Esq. Telephone: (714) 771-1693Facsimile: (714) 771-2689
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The post was migrated from Yahoo.

Amending Schedules - Homestead Exemption

Posted: Thu Mar 09, 2017 9:50 am
by Yahoo Bot

HI All:
Question. I adopted (subbed into) an ugly Chapter 7 case. Most recently,
two (522f) motions to remove judgment liens were filed utilizing the $100k
homestead exemption. Issue, based upon the Debtor's original schedules, he
did not claim the homestead, and used the 703 exemptions. Creditor has
objected to the 522f motion based upon Debtor not claiming the homestead.
My intent is to amend the schedules and use the 704 exemptions. Is there a
problem amending the schedules after the filing of the 522f motion? Thanks
for your input.
Thomas J. Tedesco, Esq.
Telephone: (714) 771-1693
Facsimile: (714) 771-2689
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The post was migrated from Yahoo.