This term refers generally to any assets owned by the debtor that can’t be protected by exemptions under the applicable State and Federal exemption laws. Such assets are at risk of being taken by a Chapter 7 Bankruptcy Trustee and liquidated to pay creditors. This term can apply to an actual asset (such as a piece of jewelry) or it can apply to the “net equity” available from an assets after any proper liens are paid off (like the “homestead exemption” or an exemption that protects equity in an automobile).
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I was looking for a San Diego bankruptcy lawyer and I found them!! I can't say enough about how professional and helpful They were during a VERY hard time in my life. I thought I was going to lose everything, including my home. They helped to keep my house all my cars and get out from the credit cards the were ruining my life.
I cannot thank the lawyers and staff enough. I would normally never write a review for legal services, however these professionals really deserve the recognition. If you are facing any type of financial troubles, I would definitely call them. I highly recommend them!
Ahren Tiller and the Bankruptcy Law Center were excellent. From the moment we walked in the door they were great with us. They do not push bankruptcy on you...they try to help and if there are other options before bankruptcy, they let you know.