November, 2011

Explaining a Bankruptcy Fraudulent Transfer by California Bankruptcy Attorney Jeffrey Hsu of JCH Law Firm

What’s a bankruptcy fraudulent transfer?  Well, it happens when a debtor conceals or transfers away property to avoid claims of executing creditors for purposes of bankruptcy.  In bankruptcy, there are 2 types of fraudulent transfer laws: state based under Section 544 and federally based under 548 of the Bankruptcy Code.  The state law version has a longer statute of limitations...

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Southern California Bankruptcy Attorney Jeffrey Hsu Explains the Chapter 13 Bankruptcy Process In Orange County

Chapter 13 bankruptcy cases in Orange County are typically filed at the Ronald Reagan Building located at 411 W 4th St, Santa Ana, CA.  When filing a chapter 13 bankruptcy case, typically orange county bankruptcy filers will have their case assigned to Mr. Amrane Cohen, standing chapter 13 trustee. The judges assigned to a chapter 13 bankruptcy case in Orange County will be judges located...

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Explaining Chapter 20 Bankruptcy in California

Chapter 20 Bankruptcy in California is the concept of a debtor filing a chapter 7 case and then subsequently filing a chapter 13 case.  Afterall 7 + 13 = 20.   So why does this matter?   Well, when one files a chapter 7 case, one receives a chapter 7 discharge.  Generally speaking, if one files a subsequent chapter 13 case, one cannot receive a discharge, at least not for a chapter 13 case...

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Chapter 13 California Bankruptcy Debtors Can Potentially Save Investment Properties In Bankruptcy

The Bankrutpcy Law Network has an excellent blog on many bankruptcy topics.   Today, I will discuss one of the blogs titled: Chapter 13 can save an investment property – Lien stripping in action. Chapter 13 California Bankruptcy Debtors often consider lien strips on their residences.  However, what happens with investment property?   Well, the same prinicples apply to investment property...

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Alhambra Bankruptcy Attorney Jeff Hsu Discusses Chapter 7 Bankruptcy

Chapter 7 Bankruptcies are often called liquidation cases or pay out cases. However, most consumer bankruptcy chapter 7 cases are “no asset” cases meaning that no liquidation or payout is available to creditors in a chapter 7 context based on the chapter 7 trustee’s business judgment. In such “no asset” cases, the time a clients finds himself or herself...

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Southern California Bankruptcy Attorney, Jeffrey Hsu, discusses the Orange County Bankruptcy Court

Ronald Reagan Federal Courthouse The Orange County bankrutpcy court is located at 411 West Fourth St, Santa Ana  92701.  The building is named the Ronald Reagan Federal Building & U.S. Courthouse, and virtually all federal judges including district court and magaistrate judges of Orange County preside here. For those contemplating a bankruptcy in Orange County, your 341(a) meeting...

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Jeffrey Hsu, Los Angeles Bankruptcy Attorney, With Parking Information for Los Angeles-based 341(a) Meeting of Creditors

Filing a Los Angeles bankruptcy is an important legal decision. Once you’ve decided to file, you will have to attend a 341(a) meeting of creditors. These meetings for Los Angeles County residents take place at the Ernst & Young Building at 725 S. Figueroa Street in Los Angeles, CA. The most convenient place to park is at the 7+FIG parking structure.  Parking at the structure leaves...

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JCH Law Firm Has An Alhambra Bankruptcy Office Location To Serve Los Angeles County

JCH Law Firm’s Alhambra Bankruptcy Office is conveniently located in the heart of San Gabriel Valley to assist individuals, families, and businesses across all of Los Angeles County. If you are considering filing a bankruptcy in Los Angeles County, consider JCH Law Firm to represent you. Not only do we offer free consultations, JCH Law Firm’s Southern California bankruptcy attorney,...

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Can You File Bankruptcy in California If You Receive Unemployment Income?

Oftentimes, clients are unsure whether they can file bankruptcy while receiving unemployment income. The answer depends on whether a client’s current monthly income (as calculated under the bankruptcy code pursuant to 11 USC Section 101(10A)) for the six months prior to the month in which the case is filed causes the client’s household income to be above or below the median household...

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The Top 8 Cities Searching for Southern California Bankruptcy Services

Interestingly, within the past 12 months, the most searches for California bankruptcy related searches took place in the following cities: 1. Irvine 2. Santa Ana 3. Riverside 4. Glendale 5. Beverly Hills 6. Los Angeles 7. Anaheim 8. Long Beach Some may be surprised that the city of Irvine has had the most searches for bankruptcy related services online within the last 12 months. Keep in mind that...

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