Legal Question in Wills and Trusts in California
So it appears the my fathers estate is insolvent, is it possible to file a bankruptcy for the estate so that the family home can be saved. There are outstanding tax liens recorded against the property for past unfiled years that may not reflect the actual tax debt that was due, utility liens, and 1 year of property tax that are unpaid, but it doesn't seem as though there are any other creditors.
Asked on 9/05/12, 11:41 am
2 Answers from Attorneys
Gary R. White
Burton & White
Consult with an attorney. You cannot post all the information needed to get meaningful advice.
Answered on 9/05/12, 1:12 pm
Anthony Roach
Law Office of Anthony A. Roach
I disagree with Mr. White. You have posted enough information.
The answer is NO. An insolvent probate estate is not allowed to file bankruptcy. (See 11 U.S.C. � 109.
Answered on 9/05/12, 1:20 pm