Are Investments Taken in a California Bankruptcy?

http://www.SOUTHBAYBANKRUPTCY.COM If you are considering filing for bankruptcy, you may have many questions about what the state can take away from you, including your car, home, and investment accounts. San Diego bankruptcy lawyer Kerry Denton provides you with answers in this video. Watch to learn more.

When you file for bankruptcy in California, your property is considered property of the bankruptcy of the state; however, there are many exemptions when you file bankruptcy.  For example, you will not lose your home, car, furniture, clothes or retirement accounts.  The only limitation to that is if you have more than one million dollars in an IRA account, which will be taken by the bankruptcy trustee.  Most cases are exempt, which means that it will not be liquidated.

To find out more about all of California's exemptions in bankruptcy cases and how they relate to your specific situation, you should contact the experienced Chula Vista bankruptcy attorneys at the Law Offices of Kerry Denton. Call 888-478-0168 and schedule your free legal consultation to find out how bankruptcy can help better your bad situation. Also, visit our website http://www.SOUTHBAYBANKRUPTCY.COM to view our insightful resources that may be able to help answer some of your questions today.