Paul Y. Lee, Author at The Law Offices of Paul Y. Lee

What Happens After You Stop a Home Foreclosure through Bankruptcy?

by Paul Y. Lee | Sep 19, 2012 | Bankruptcy, Chapter 13, Chapter 7, Foreclosure

I’m often asked what happens to your home after the foreclosure is stopped? There are usually two options: Option One: A Chapter 7 Bankruptcy Buys You Some Time. It’s a Temporary Relief but Sometimes – All You Need. A Chapter 7 “straight bankruptcy,” is...

What is the Median Income and Means Test in Bankruptcy? and Do I qualify Still Qualify for a Chapter 7 Bankruptcy?

by Paul Y. Lee | Aug 13, 2012 | Bankruptcy, Chapter 7

If your family income is more than the “median family income,” you may still be able to file under Chapter 7. The “median family income” within a particular state is the dollar amount at which half of the families in that state make less, and half make more than that...

Creditor Objections to Your Bankruptcy Discharge & Adversary Proceedings

by Paul Y. Lee | Jul 30, 2012 | Bankruptcy

Whether you are a business or individual your bankruptcy case becomes much more difficult if, and when, you have an aggressive creditor. Many creditors accept the fact that when you file bankruptcy, you are doing so for good reasons and not for fraud...

Bankruptcy May Be an Option Even If You Can’t Write Off Every Debt

by Paul Y. Lee | Jul 16, 2012 | Bankruptcy

Bankruptcy may still be an option even if you cannot discharge the debt. The most obvious example are taxes. Taxes are an all too painful reality for most of us. We withhold our taxes from our wages but sometimes it’s not enough. We pay and continue to pay,...

Can I Do a “Cramdown” on Collateral Other than My Home or Vehicle?

by Paul Y. Lee | Jul 6, 2012 | Bankruptcy, Cram Downs

How to Cramdown Secured Debt in a Chapter 13 Bankruptcy of Assets Other than Your Home or Vehicle in Riverside or Orange County. Do you have a secured creditor, i.e. one in which has rights to collateral? Your obligation to pay a secured creditor is secured by the...

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Welcome to The Law Offices of Paul Y. Lee

What Happens After You Stop a Home Foreclosure through Bankruptcy?

What is the Median Income and Means Test in Bankruptcy? and Do I qualify Still Qualify for a Chapter 7 Bankruptcy?

Creditor Objections to Your Bankruptcy Discharge & Adversary Proceedings

Bankruptcy May Be an Option Even If You Can’t Write Off Every Debt

Can I Do a “Cramdown” on Collateral Other than My Home or Vehicle?

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Types of Bankruptcy

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Welcome to The Law Offices of Paul Y. Lee

What Happens After You Stop a Home Foreclosure through Bankruptcy?

What is the Median Income and Means Test in Bankruptcy? and Do I qualify Still Qualify for a Chapter 7 Bankruptcy?

Creditor Objections to Your Bankruptcy Discharge & Adversary Proceedings

Bankruptcy May Be an Option Even If You Can’t Write Off Every Debt

Can I Do a “Cramdown” on Collateral Other than My Home or Vehicle?

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