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  1. #1
    Join Date
    Sep 2012
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    1

    Default Can You Get a State Bankruptcy Exemption for a Home Owned in Another Country

    My question involves bankruptcy in the state of: California
    If I file a chapter 7 and own a home in the Philippines but spend most of my time living in California can I protect the equity in the home even though I am only there a few times a year? I do not own a home in California.

  2. #2
    Join Date
    Sep 2012
    Posts
    101

    Default Re: Can You Get a State Bankruptcy Exemption for a Home Owned in Another Country

    Quote Quoting ldholland1
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    spend most of my time living in California can I protect the equity in the home even though I am only there a few times a year?
    Did you mean to say that you spent most of the time living in Philippines instead of CA? Please correct me if I am wrong.

  3. #3
    Join Date
    Sep 2011
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    OH10
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    17,019

    Default Re: Can You Get a State Bankruptcy Exemption for a Home Owned in Another Country

    The court is not going to permit you to hide assets outside the US, just to complete bankruptcy.

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