McMillan Law Group has International Law Firm Disqualified
A client recently asked if filing bankruptcy would help in his situation. Some of his debt was created because of credit card and medical debt. During our investigation we discovered that amongst his creditors were an individual, an insurance company and fines due a local county. I asked him what happened and he said that he was in an auto accident and he was sued and lost and that damages awarded were more than his insurance coverage. He also had other fines because he damaged some property and he was under the influence when the accident occurred.
The California homestead exemption increased by $25,000 as of January 1, 2010. The current amounts are $75,000 for individuals, $100,000 for couples, and $175,000 for seniors (over 65), disabled or over 55 with limited income, effective January 1, 2010.