Email from Steve Fox
Dear All:
This is the monthly message I send to you.
The SFVBA Bankruptcy Section monthly meeting will be this Friday. The topic is a good one, one that we have gone back to repeatedly over the years because of many requests that we update and repeat the program. Each time, the panel of trustees and trustee attorneys look at the recent issues. One issue will look at trustee efforts to go after the homestead exemption following the sale of the homestead. Another will look at the goings on in a chapter 7 case where the trustee sold the family residence to a third party, the various issues which arose and how the parties and the court dealt with the issues. In that case, the IRS asserted that its penalty claim against the debtors had to satisfied from the Debtor’s homestead monies. This particular case had its share of drama too. Read more…
