BANKRUPTCY LAW

A Chapter 7 Trustee filed an Objection to Agustin J. Jaramillo and Lillian V. Jaramillo’s Claim of Exemption. They requested the Court disallow their claimed exemption in their residence and to limit the remainder of their claimed exemptions in other real property. Mr. Jaramillo used the real...

There are different types of bankruptcy protection and they are known by their chapter numbers in the Bankruptcy Code or the law that covers bankruptcy. What most people typically think of as bankruptcy is Chapter 7. This is called a “liquidation” bankruptcy: your property is sold, your creditors...