[WSBAPT] Credit Card Solutions

Bryce Dille BryceD at cdb-law.com
Mon Aug 11 12:09:32 PDT 2014


The award in lieu only allows the property to pass to SS free of the debt
however the debt is still there unless eliminated thru the creditors claim
statue.

 

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From: wsbapt-owner at lists.wsbarppt.com
[mailto:wsbapt-owner at lists.wsbarppt.com] On Behalf Of Jane Bitz
Sent: Monday, August 11, 2014 12:01 PM
To: wsbapt at lists.wsbarppt.com
Subject: RE: [WSBAPT] Credit Card Solutions

 

Note that the Petition can ask for more than $125,000 in the right
circumstances. The Court is supposed to consider the long term finances of
the surviving spouse. The statute has several factors for the court to
consider. I have had success with an Order that awards all of the equity
in the home and all of the liquid assets as of the date of death. Usually
there is a reduction in household income with the death that I point out
plus any continuing costs like house payments, etc. that are not reduced
because of the death.

 

From: wsbapt-owner at lists.wsbarppt.com
[mailto:wsbapt-owner at lists.wsbarppt.com] On Behalf Of Richard Wills
Sent: Monday, August 11, 2014 11:37 AM
To: wsbapt at lists.wsbarppt.com
Subject: Re: [WSBAPT] Credit Card Solutions

 

A Petition for Family Award should wipe out all unsecured claims to the
extent that what the SS receives resulting from D's death doesn't exceed
$125,000.



On 8/11/2014 11:05 AM, Roger Hawkes wrote:

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