• Spectacular!

    I liked your fast, friendly service. You were all knowledgeable in the area of bankruptcy. Your treatment of me as a client was spectacular! You were great at promptly responding to my questions and concerns. I loved that you provided courteous and quick responses to all my questions.
  • Highly Recommended!

    I have worked with Seth and he is the utmost professional in how he works with his clients. If you need an attorney you can trust I would highly recommend the Law Office of Seth Hanson.
  • Very Professional.

    Everyone was very professional and efficient. Seth, and everyone that I had contact with were very knowledgeable. I was very pleased with how we were treated by his staff. My questions were always answered promptly. I was very pleased with the service I received and would not hesitate to refer someone to your firm.
  • Non-judgmental.

    You were very open and answered all of my questions. You never made me feel like I was asking a dumb question. I was comfortable with your knowledge of the law. It was hard for me to make this decision to move forward in my life. Everyone was friendly to me and respectful. Non-judgmental. Every question I asked was answered promptly and appropriately. I would recommend you.
  • More Than Expected!

    I found the firm's representation to be more than what I expected. I was always kept in the loop, all my questions were answered (whether or not I asked more than once the same question), and I felt completely supported by the firm staff when going through this (at times) scary ordeal. Thank you again.
  • Very Impressed!

    I liked that you had very friendly, caring staff. You were all very knowledgeable. Your treatment towards me was excellent and you quickly responded to all my concerns. If a friend asked of your overall impression, I would say that we were very impressed and we would recommend you to them.

Your Home And Bankruptcy

Our homes are deeply important to us. Not only can homes be huge financial assets, we also place a lot of emotional capital into the place we lay our head at night. Some people are so scared about losing their home in bankruptcy that they don’t even look into filing. While it’s possible to lose your home in a bankruptcy, it can be easily avoided with proper planning.

California is very generous in terms of exemptions. A home owner can protect anywhere between $75k to $175k in equity depending on his or her circumstances. So, there is a lot of room to protect your home using exemptions. Filing a Chapter 13 bankruptcy is a great way to keep your home if you can’t protect all your equity under statutory exemptions. A Chapter 13 consists of a payment plan to pay back some of your debt. Creditors cannot go after your home so long as you stay current on your Chapter 13 plan. Filing a Chapter 7 is a little different because your debt is discharged, not paid back. Regardless of the chapter bankruptcy you file you’ll have to keep paying your mortgage if you want to keep your home

I’d recommend talking to an attorney about your situation to see how you should protect your home from liquidation. Feel free to give my Fairfield bankruptcy office a call if you’re looking into bankruptcy.

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