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703.730 Homestead Exemption Claimed

Posted: Mon Nov 15, 2010 12:08 pm
by Yahoo Bot

Also, huge error to point out, I meant 704.730. Oops.

The post was migrated from Yahoo.

703.730 Homestead Exemption Claimed

Posted: Mon Nov 15, 2010 11:40 am
by Yahoo Bot

Indeed. But my understanding is that there are two forms of homestead
exemption under the CCP; automatic and declared. A member gave me an
email offline that has a case # where I can see the brief supporting the
validity of my exemption (phew! And much thanks) I was pretty
confident of it when I took it, but nothing like an objection to at
least temporarily erode confidence.

The post was migrated from Yahoo.

703.730 Homestead Exemption Claimed

Posted: Mon Nov 15, 2010 11:31 am
by Yahoo Bot

The ccp is a state law exemption.
Jonathan
[cid:image003.jpg@01CB84B8.A505A2D0]
Jonathan D. Leventhal, Esq.
This email and any attachments thereto may contain private, confidential, and privileged material for the sole use of the intended recipient. Any review, copying, or distribution of this email (or any attachments thereto) by others is strictly prohibited. If you are not the intended recipient, please contact the sender immediately and permanently delete the original and any copies of this email and any attachments thereto.

The post was migrated from Yahoo.

703.730 Homestead Exemption Claimed

Posted: Mon Nov 15, 2010 11:21 am
by Yahoo Bot

Listmates:
I filed a 522(f) motion on a residence that was attached when the debtor
was single and the homestead exemption was only $50K.
I took the $100,000 CCP 703.730 exemption because that is what it was at
the time of filing for a married person, and he got married prepetition.
I know that the homestead exemption I claimed is good against the
Trustee, but is it against this particular creditor? I am taking the
"automatic homestead exemption" instead of the one under state law.
Creditor has objected and stated the lien is subject to the provisions
of 704.965.
I know I need to research this further on my own, but if anyone has
"been there, done that" already please let me know. I am also posting
this because I think it is interesting-- at least I hope so.
So is my claim of exemption valid?
Steve
Law Offices of Steven B. Lever
>
> Steven B. Lever

The post was migrated from Yahoo.