Attorney Jeff Hsu of JCH LAW FIRM is a California Board Certified Bankruptcy Legal Specialist

Attorney Jeff Hsu of JCH LAW FIRM is a California Board Certified Bankruptcy Legal Specialist
JCH LAW FIRM is pleased to announce that attorney Jeffrey Hsu is now a California State Bar Board Certified Legal Specialist in Bankruptcy Law as of August 1, 2014.

Lien
stripping is a process that involves eliminating junior liens (such as a second
mortgage) through the bankruptcy process. In a recent appeal to a Sixth Circuit
Bankruptcy Appellate Panel ("BAP"), the BAP overturned a bankruptcy
court's denial of a Chapter 13 debtor's motion to avoid the lien of an inferior
mortgage lien holder. Read More ›

When it comes to the issue of wiping out student loans, everyone acts like a kid who gets his lunch money taken each day by the school bully.

Jesse Barrientes: Well, Dave, what happens – you’d mentioned before about payroll control where the money is coming out. If I didn’t do payroll control, would my employer find out? Obviously if I’m doing payroll control, they’re going to know. But if I didn’t want to do that? David Siegel: Well, your employer only needs+ Read More

David Siegel:               What is it, other than paying the stuff back, what is it going to cost me in terms of attorney’s fees, court filing fees and I’m just guessing that the trustee is going to have to be paid.   Jesse Barrientes:         right.  The way it works right now and this is forever changing,+ Read More
The post Chapter 13: 15 appeared first on David M. Siegel.

Jesse Barrientes:         Let’s take the situation that we were talking about before about getting credit.  So if we are getting credit for an automobile, let’s say that it becomes difficult for me because of the reasons you said.  Can I dismiss my 13 and refile it?   David Siegel:               You can.   Jesse Barrientes:         And+ Read More

Jesse Barrientes:         Well, Dave, what happens if we are in this plan here for a couple years and let’s just say that I have inherited some money.  And you know what?  I never wanted to do a bankruptcy in the first place.  I just didn’t have much of a choice.  But now I find myself+ Read More
The post Chapter 13: 13 appeared first on David M. Siegel.

Jesse Barrientes:         What happens if – because it’s going to be lean living during this time.  What happens if I need to get credit?  If I’m going to be able – if I’m locked into this plan for three years or five years, and I need – I probably shouldn’t, not the greatest idea but+ Read More
The post Chapter 13: 12 appeared first on David M. Siegel.

David Siegel: Does someone get to keep all of their property when they are in a Chapter 13 or do they have to give up some property in exchange for this reorganization? Jesse Barrientes: Typically they get to keep all of their property. I suppose there have been some instances and I think I was+ Read More
The post Chapter 13: 11 appeared first on David M. Siegel.