Recent content by Simplicity8!

The house needs a lot of work to sell. A buildout that was added without permits, $10k taxes owed...it’s worth maybe $225k? Split between 9 kids. Just wanted to know how much can be protected exempt in CA and also not have them take over and try to sell it. If they did and I owe $45,000 could...

I found out we would be lucky to get $10-20k. I owe more than that and it’s super tough to even get by before and now much worse

Found out it’s a trust. He mentioned no probate? This is all a different language for me. And soon going to find out what the will says. Just trying to get some information as I receive it also.

not sure yet the exact terms, will be split between 9 people I believe. I do not have any assets to cover debts. Since brother took this long it is uncertain when it would even be listed. It is in Oregon the house. I live in CA. House may be worth $250-300,000? I owe $45,000 debt.

Wanting to know best way to handle %of property I may receive in unknown future but affecting my bankruptcy.

Wait who are you referring to? “He” I haven’t received any $ from home as it’s not even been cleaned out yet or touched in years

Could I sell my portion 1/9 back to brother or rest of beneficiaries?

It has been years since he passed and brother in charge of estate just started cleaning house. I just found out about this a week ago. It could be years before house is sold

This is after business expenses food, etc. only thing is last 6 months I didn’t pay for apartment rent but will have to soon in which anything left over I need very much to survive

Want to qualify for ch7 as I feel chapter 13 I wouldn’t have enough to pay for business expenses and home rent. Right now I’m staying with a friend and they’ve helped me out while opening business. I will have to move out soon. Can I add future rent I need to pay when filing so it doesn’t show...

Would trustee only take my share of proceeds not the other siblings? Definitely more concerned that it would affect them

Filing for bankruptcy and will receive 10-15% interest of property from a deceased Grandfather. The home is worth $300,000. My debts are $55,000. I wanted to file Chapter 7 but don’t know what affect that would have on my siblings if trustee ended up selling home.