Legal Question in Credit and Debt Law in California

Homestead your home

We have over $20,000.00 in credit card debt. Both my husband and I receive Social Securty. I was working part time and was laid off in Aug. My question is if we file for bankruptcy would we be able to protect our house if it was Homesteaded? We owe about $70,000.oo on our mortage. Also what would happen if we just didn't pay the Credit Cards? We are able to make the payments on the Credit Cards now because I recieve unemployment benefits but I only have 3 or 4 months left. Thank you very much


Asked on 12/11/03, 12:10 pm

1 Answer from Attorneys
H.M. Torrey The Law Offices of H.M. Torrey

Re: Homestead your home

we definitely empathize with what you must be going thru regarding your legal situation at present. if you would like to give us a little more detailed information regarding your debt situation, we have a host of legal options we would be able to assist you as early as today. feel free to look over our website here at lawguru, and if you would like a free phone consultation to discuss these options further, email us with your contact information today. we wish you all the best.

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Answered on 12/11/03, 1:53 pm


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