San Jose Bankruptcy Blog

By Ryan C. Wood The short answer is yes.  A recent Ninth Circuit Bankruptcy Appellate Panel case discussed the conversion of a chapter 13 reorganization to a chapter 7 liquidation case.  That means if there are assets that cannot be exempted or protected, like your home, the

By Ryan C. Wood First and foremost Shawn Pomrenke aka Mr. Gold did not file for personal bankruptcy protection.  Pomrenke Mining, LLC, a separate legal entity, filed a chapter 7 bankruptcy petition on March 19, 2019, Bankruptcy Case No. 19-00083. I like and watch the television show B

By Ryan C. Wood It seems like there is no scenario that is not possible for some reason that is unknown until it is unfortunately known.  So goes life.  Yes, just because you had an asset sold or liquidated for the benefit of your creditors in a Chapter 7 bankruptcy case doe

By Ryan C. Wood This is unfortunately a question that is coming up more and more these days.  Yes, you can file bankruptcy if you have a reverse mortgage.  I am not a fan of reverse mortgages.  First please know the terms of the reverse mortgage precisely before agreein

If a party dies when must a motion to substitutre party be filed?

By Ryan C. Wood A strange Ninth Circuit Bankruptcy Appellate Panel opinion was published on September 3, 2019, about the California statute of limitation laws and the effect of a bankruptcy discharge on the applicable statute of limitations.  The claim in question in this bankrup

Marital settlement agreements trump a chapter 7 discharge of debts. You still have an obligation to former spouse. Chapter 13 can discharge obligations from marital settlement agreements.