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Saturday, February 4, 2012

Filing Bankruptcy After Moving to California

Southern California Certified Bankruptcy Lawyer

Filing Bankruptcy After Moving To California

Southern California Certified Bankruptcy Lawyer

If you are thinking about filing bankruptcy, you probably know that you can probably keep certain assets, such as your house, pension plan and insurance. You many not realize, however, that exemptions vary among states. If you moved to California within the last two years, you will likely need to file bankruptcy using the exemptions from your previous state.

At the Law Offices Of Hagen & Hagen, we advise clients on bankruptcy matters and guide them through the process. We will determine whether you qualify to use California's exemptions. Please contact attorney Jeffrey Hagen* for more information.

Do I Qualify For California's Exemptions?

To file bankruptcy in a California district, you must have lived in that district 91 out of the last 180 days. If you do not meet this requirement, you can file under another jurisdiction, or you can wait until you do meet the requirement.

Filing bankruptcy in a California district does not automatically qualify you for California exemptions. Depending on how long you have lived here, you may only be eligible for exemptions from your previous resident state.

Helping People Achieve Debt Relief Since 1970

Our firm was founded in 1970 by the late Earle Hagen. Since our founding, we have been assisting clients throughout the Los Angeles area with Chapter 7 liquidation, Chapter 13 debt reorganization and other bankruptcy matters. We are very familiar with relocation issues and can help you gain a clear understanding of exemptions when filing bankruptcy.

If you are thinking about filing bankruptcy after recently moving to California, contact the Law Offices Of Hagen & Hagen to arrange a consultation.

* Jeffrey Hagen is certified by the State Bar of California Board of Legal Specialization in Small Business and Personal Bankruptcy Law.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

4559 San Blas Avenue

Woodland Hills, California 91364

Phone (818) 501-6161

Fax (818) 907-6722

hagenlaw@earthlink.net