Bankruptcy Part 3: Private Information and Home Equity
February 2, 2010
Podcast: Play in new window | Download (Duration: 8:26 — 3.9MB)
Another podcast brought to you by the Law Office of Cecilia Chen, the final segment of a series on bankruptcy.
This is part 3 of a 3 part series discussing questions on the topic of bankruptcy. All of our information is provided with the California legal system in mind, specifically devoted to San Diego and area. Read more
Bankruptcy Q&A: What Assets are Protected and How Much Do Bankruptcy Lawyers Cost?
January 28, 2010
Here is a written version of our podcast #2 on the subject of bankruptcies in California
Q. What is protected in bankruptcy in California
A. Most people do not lose any of their belongings and necessities in bankruptcy. The end goal of bankruptcy is to get you back on your feet financially. Therefore, your basic necessities such as furniture, clothing, etc. are protected in bankruptcy, so as to help you re-establish yourself. The equity in your home and car, and most of your personal belongings will, in all likelihood, be protected in bankruptcy.
Having said that, the actual bankruptcy statutes that protects your assets in bankruptcy are very complicated. In California, there are two sets of exemption statute a person can choose from depends on the type of assets and amount of equity in question, you should consult an attorney to maximize the protection that you are afforded under Bankruptcy Law. Read more
Bankruptcy Part 2 of 3: How Much is an Attorney and What is Protected in bankrtupcy?
January 26, 2010
Podcast: Play in new window | Download (Duration: 7:53 — 3.6MB)
Welcome to another podcast brought to you by the Law Office of Cecilia Chen. The purpose of these podcasts is to provide listeners with legal information pertaining to a variety of subjects including bankruptcy, real estate, estate planning, and corporate law.
This is part 2 of a 3 part series discussing questions on the topic of bankruptcy. All of our information is provided with the California legal system in mind, specifically devoted to San Diego and area. Read more
Podcast 1 Transcript: Difference Between Chapter 7 and 13 Bankruptcies
January 21, 2010
Every time we launch a podcast we provide a written transcript that covers the questions that were asked and the answers from Cecilia Chen. Here is the transcript from our first podcast located here:
Q. What is the difference between Chapter 7 & 13 bankruptcies?
A. Chapter 7 bankruptcy by and large allows debtors to discharge all of their unsecured debts (credit card debts and medical bills) within a 4 month period. Chapter 13 offers a debtor the chance to restructure their debts and catch up on areages and back taxes over a 3-5 year repayment period. Read more
Bankruptcy Podcast – Part 1 of 3 – San Diego Bankruptcy Questions Answered
January 19, 2010
Welcome to the inaugural podcast from the Law Office of Cecelia Chen. We have decided to provide our clients and future clients with new ways to gather information pertaining to a variety of legal questions. In this particular series we will focus on answering some basic questions pertaining to the topic of bankruptcies.
Questions include: what is the difference between Chapter 7 and 13 bankruptcies, and what are the pros and cons of each?
Podcast: Play in new window | Download (Duration: 5:31 — 5.1MB)
Music for this podcast courtesy of Pitx.
