Monthly Archives: October 2025
What Happens If Your Home Equity Exceeds the Homestead Exemption? Understanding the Risks and Options
For many Californians, a home is more than just a roof overhead; it represents stability, family security, and one of the most valuable financial assets they own. When facing financial struggles such as debt collection or the possibility of bankruptcy, homeowners often take comfort in knowing that California law provides a homestead exemption. This… Read More »
Bankruptcy and Asset Protection in High-Cost California Areas: Why the Homestead Exemption Makes a Huge Difference
Owning a home in Los Angeles is both a point of pride and a major financial commitment. With housing prices among the highest in the country, many residents have built significant equity in their homes simply because property values have climbed so quickly. While this increase in equity may look like a financial blessing,… Read More »