Legal Question in Bankruptcy in California

Hi

I have questions about Homestead Protection. My wife and I live in Thailand now for Three years.

Before we come to Thailand I had lived in California 30 years and my wife lived for 7 years.

We sold our house Apr 2007 and We move to three unit apartment we own. We had lived there

about 4 months. Then we decided to move to Thailand. Can we get homestead Protection on the

Apartment?

Sincerely,


Asked on 9/24/10, 6:21 pm

2 Answer from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Aside from the question of whether you can homestead a property that is not your residence, a homestead will only protect you from other creditors, not your mortgage holder. If I had more facts I would be better able to advise you.

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Answered on 9/29/10, 6:43 pm


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