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Riverside Lawyer | Jeff Gwynn Law Firm Riverside Court Attorney Lawyer - Inland Empire BK Attorney in Riverside CA - Gwynn Law Firm - Personal Injury, Bankruptcy, Business Contract Law, Trial Lawyer Riverside Court House. Rancho Mirage, CA

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PERSONAL INJURY LAWYER :: RIVERSIDE COURT ATTORNEY

The law allows homeowners a homestead exemption (the amount of which depends on age, marriage and disability). If you are single, under 65 and without a disability, you are entitled to a $50,000 exemption. If you are married, both you and your spouse under 65 and without disability, you are entitled to a $75,000 exemption. Finally, if either you or your spouse are over 65 or have a disability, then you are entitled to a $150,000 exemption. Lets assume you’re married and both you and your spouse are under 65, then you have a $75,000 exemption. This means that the first $75,000 in equity is protected money. Let’s say that your $350,000 house has a $150,000 first mortgage and a $50,000 second mortgage. This means that you have $275,000 in encumbrances and exemptions which leaves $75,000 in equity available for your victim. In this situation, if your victim gets a judgment against you, a court ordered forced sale of your home is a real possibility. You need to see an attorney as soon as possible.

Jeff Gwynn began practicing in Riverside in June 1996 with Thompson & Colegate defending personal injury lawsuits. As the years passed Jeff's practice expanded to real estate, construction, business, bankruptcy, asset protection and estate planning and insurance coverage.

We're experts and offer the following: SLIP AND FALLS LAWYERS, BUYOUT AGREEMENTS ATTORNEY, BK LAWYER, PERSONAL INJURY ATTORNEY, CONSTRUCTION ACCIDENTS ATTORNEYS, MOTORCYCLE ACCIDENTS ATTORNEYS, CHAPTER 13 LAWYER in and around the Rancho Mirage, CA area.

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Riverside Court Attorney BK Injury Lawyers | Jeff Gwynn Attorney at Law - 3637 Arlington Avenue, Ste D | Riverside | CA | 92506 | 951-684-3774


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