Attorney Jeffrey Hsu

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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California Homeowners Contemplating Bankruptcy : Know your Foreclosure Rights When Dealing With Your Home Owners Association

Believe it or not, millions of Californians live in Home Owners Associations otherwise known as HOA’s. California Homeowners who are facing problems with their HOA must recognize and understand what the HOA may and may not do. For example, while an HOA has the power to foreclose to force assessment payments under California Civil Code Section 1367.1, the assessments must be at a...

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Southern California Bankruptcy Fees Increased on November 1, 2011

Effective November 1, 2011, all bankruptcy court fees were increased. Of particular note, it now costs $7.00 more to file a chapter 7 ($306 from $299); chapter 13 case ($281 from $274); and chapter 11 case ($1046 from $1039) in California. These are not the only bankruptcy associated costs that were increased by the court, but the filing fees signify the most prominent fees that were increased by...

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