Bankruptcy in California
Bankruptcy in California
Hello, i am helping out a sister who lives in CA, who is an alcoholic. I am encouraging her to sell her house, and move in with me. She has burned through all her retirement savings. She has about $400K in equity in her house, and that is her only asset. If she were to declare bankruptcy, could her creditors make a claim on her house? I am just trying to think creatively about how she might best salvage something from the wreckage.
Re: Bankruptcy in California
You want to spend $500 - $1,000 talking to a California lawyer about this rather than trusting random people on the Internet.abqguy wrote: Fri Jan 10, 2025 10:47 am Hello, i am helping out a sister who lives in CA, who is an alcoholic. I am encouraging her to sell her house, and move in with me. She has burned through all her retirement savings. She has about $400K in equity in her house, and that is her only asset. If she were to declare bankruptcy, could her creditors make a claim on her house? I am just trying to think creatively about how she might best salvage something from the wreckage.