Chapter 7 vs. Chapter 13: What Happens to Your House
How A House in Probate Impacts Your Finances The single biggest factor in what happens to your home in bankruptcy is which chapter you file. Chapter 7 and Chapter 13 work very differently for homeowners. Here is the plain-English comparison,…
Selling a House in or After Bankruptcy in California
How A House in Probate Impacts Your Finances If you are facing bankruptcy – or coming out the other side of it – the question that keeps you up at night is usually about the house. Can you keep it?…
Can You Sell the House During a Pending Divorce in California?
How A House in Probate Impacts Your Finances Many couples want to sell the house before the divorce is final – to stop the mortgage drain and split the cash. You often can, but there are rules: both spouses generally…
Sell, Buy Out, or Defer: Dividing the House in a CA Divorce
How A House in Probate Impacts Your Finances Once you know the home is community property, the question becomes how to divide it. In California there are three main paths – sell, buyout, or deferred sale – each with trade-offs.…
Community Property and the Marital Home in California
How A House in Probate Impacts Your Finances The first question in any California divorce involving a house is whether it is community property – because that determines how it is divided. Here is how California’s community-property rules apply to…
Selling the House in a California Divorce
How A House in Probate Impacts Your Finances Few parts of a divorce are harder than deciding what happens to the house. For most California couples it is the largest thing they own together, and it carries memories along with…