Legal Question in Bankruptcy in California

Re: Bankruptcy

Have you considered suing your insurance company for wrongful denial of claim? They do make mistakes as to what you are entitled to from time to time. Let me know.

Best,

Daniel Bakondi, Esq.

IMPORTANT:

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Re: Bankruptcy

There is a homestead exemption in California that could possibly protect the equity in your friend's condo. However, the decision to file bankruptcy should only be made after consulting with a qualified bankruptcy attorney.

Mr. Bakondi is correct to point out that the insurance company might be mistaken about the coverage. Your friend should contact an attorney who knows insurance coverage law. In a condominium, an owner with fire damage should look at both their own homeowner's policy and the HOA's insurance policy for coverage.