Legal Question in Bankruptcy in California

Chapt 7 Exemptions Objection

My trustee has objected to some exemptions on my Chapt 7. Specifically a ''carry back'' on a house I sold a couple of years ago. I did a ''carry back'', the buyer is now delinquent on both his first and on my ''carry back''

What does the trustee want?

Wat happens next? Do I have to justify the exemption?


Asked on 2/07/09, 10:05 pm

1 Answer from Attorneys

Carl Starrett Law Offices of Carl H. Starrett II

Re: Chapt 7 Exemptions Objection

By objecting to the exemption, it sounds like the trustee wants to collect the money owed to you to pay your creditors. You should contact a qualified bankruptcy attorney to see if you can protect any of that asset.

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Answered on 2/07/09, 11:39 pm


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