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Your Oakland bankruptcy lawyer can protect up to $75,000 in equity in your house and land, mobile home or boat.
Your Legal Helpers sponsoring Oakland bankruptcy lawyer can use the California state home exemption to protect a great deal of your personal property. Under the same exemption, your Oakland bankruptcy lawyer can also protect $100,000 for a client who is 65 or older, disabled or over 55 with an annual gross income of $15,000 or less. Your Oakland bankruptcy lawyer may also be able to protect proceeds if you sell your home within one year prior to the bankruptcy.
Contact your Legal Helpers sponsoring Oakland bankruptcy lawyer to see if filing Chapter 7 or Chapter 13 would be right for you.
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Your Legal Helpers sponsoring bankruptcy lawyer is a seasoned professional who has worked to save money for many clients in your situation. He knows how to put both state and federal laws to work for your case. Your California bankruptcy lawyer will gladly give you a free consultation visit to learn about your situation and recommend potential solutions. He will listen to your situation, explain your alternatives, and discuss whether bankruptcy is right for you.
Legal Helpers California bankruptcy lawyers can help you take advantage of state laws that protect your rights.
Motor Vehicle Exemption - Legal Helpers can use this exemption to protect $1,900 in value of any one motor vehicle listed in your bankruptcy.
Alimony, Support Exemption -- Your lawyers may also be able to exempt alimony, support, or separate maintenance to the extent reasonably necessary to help support you during your bankruptcy.
Life Insurance Proceeds Exemption -- This exemption can protect a payment under a life insurance contract that insured the life of an individual of whom you were a dependent, to the extent reasonably necessary for your support or the support of your dependent(s).
Qualified Retirement Plan Exemption - Legal Helpers can prevent creditors from touching the proceeds of your hard-earned retirement plan. We can protect anything from stock bonuses, pensions, profit sharing plans and annuities as long as your savings are in a qualified retirement plan.
Tools of the Trade, Professional Books Exemption -- This is a useful exemption that we use to protect up to $5,000 of the tools you use in your profession for both you and your spouse if each is engaged in a trade or business. For example, shears, scissors and combs are the tools of a hairdresser, as are wrenches and hammers for a mechanic and carpenter.
These are just a few of the California exemptions that could play a major role in your case. Contact the California attorneys at Legal Helpers today to find out more!
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