Legal Question in Bankruptcy in California

Bankruptcy

I have about $300,000 unsecure debts, but I also own a house. I'm considering to sell my house and file bankruptcy. Should I sell my house befor filing bankruptcy?


Asked on 6/08/01, 12:59 am

1 Answer from Attorneys
Mark Markus Law Office of Mark J. Markus

Re: Bankruptcy

The answer depends on how much equity you have in the house, what you plan to do with the proceeds, what the value of your other assets are that are subject to exemptions under California law, and numerous other factors. Thus, it is impossible to answer your question without first having a comprehensive consultation. If you would like a free phone consult, please visit my webpage and then give me a call or e-mail to schedule a time.

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Answered on 6/28/01, 12:25 pm


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