Legal Question in Bankruptcy in California

Liquidation (in chapter 7 bankruptcy) is overwhelmingly rare. There may be valid cause to contest the demand for turnover. I'd just need a peek at your petition, so give our office a buzz in the a.m.

This answer (as well as our Web site) by San Diego Bankruptcy Attorney, Asaph Abrams doesn�t address all facts & implications of the question; it�s general bankruptcy info, not legal advice to be relied upon; it creates no attorney-client relationship; it may be pertinent to CA bankruptcy law only and certain facts may be relevant to the San Diego Bankruptcy Court only; it�s independent of other answers. Seek legal counsel before acting on or refraining from bankruptcy- or other legal-action. We represent clients in San Diego, Imperial Valley (El Centro) and Riverside County.

Hello:

There are several reasons as to why the trustee may be seeking turnover:

1, You didn't take the proper exemption.

2. There is insufficient available exemption to cover the car.

3. The lien on the car is unperfected.

4. The car was transferred to a friend or relative prior to the filing.

and others.

I can convert you to a Chapter 13 for no money down, where you keep everything.

http://www.absolutebankruptcy.org