Legal Question in Bankruptcy in California

Re: Statement of Finical Affairs

The issue is generally this. In the Statement of Financial Affairs, you must list the transfer of interest in any property - regardless of the reason for the transfer under section 10. I would list the information requested in the form, then state that it was transferred under the terms of a divorce decree and attach a copy of the final order from the divorce court approving the settlement (if it was a settlement) or ordering the transfer of the home to the wife. The trustee will then inquire of you at the 341 First Meeting of Creditors for more details regarding that transaction. Final note - if you cannot afford legal representation, do yourself a very big favor and contact the legal aid society in your county (google legal aid society of [your county]), and see if you cannot get legal representation that way.

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