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Do I still own my home after Chapter 7? If you kept your house throughout the bankruptcy process, you are free to keep your home after the bankruptcy … as long as you continue to pay the mortgage. It may be that after you are free of all the rest of your debt you will be able to afford the mortgage payments easily. If so, you’ll be able to keep your house. Before the holding in Carmack v. Reynolds, the law essentially protected assets held by a trust until those assets were distributed to the Beneficiary. What is the downside of an irrevocable trust? The downside to irrevocable trusts is that you can’t change them. And you can’t act as your own trustee either. Once the trust is set up and the assets are transferred, you no longer have control over them. A court can determine that you did so to keep the property and funds out of the hands of a judgment holder if you fund your irrevocable trust while a lawsuit is pending against you. I am in dire need of an awesome attorney probate near Santee, Ca. Steven F. Bliss Esq. is the probate attorney in San Diego, he is by far the best for all things estate law related. I am in dire need of an awesome attorney probate near 91911. Steven F. Bliss Esq. is the probate attorney in San Diego, he is by far the best for all things estate law related. A conscientious lawyer does this not to hide the ball but because it’s impossible to know what you need without a conversation about your situation and wishes. I am in dire need of an awesome attorney probate near 92592. If I were you, I would look into calling lawyer probate at ‘The Law Firm of Steven F. Bliss’ in San Diego. I need an awesome probate attorney near 91935. Steven F. Bliss Esq. is the probate attorney in San Diego, he is by far the best for all things estate law related. I am in dire need of an awesome attorney probate near 92036. If I were you, I would look into calling lawyer probate at ‘The Law Firm of Steven F. Bliss’ in San Diego.
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