Kaufman & Kaufman Law Offices Orange County

03/21/2022

Check out our new site!

We help people file for bankruptcy relief under the Bankruptcy Code." Kaufman & Kaufman Orange County Bankruptcy Lawyers. FREE CONSULTATION: (714) 550-9305

03/21/2022

Helping You During The Coronavirus
During this uncertain time, we want to assure you that Kaufman & Kaufman is still here to assist you with your case.
Although we usually meet with potential clients in person, because of the precautions made necessary by the Coronavirus (COVID-19),and Governor Newsroom's order to shelter-in-place until further notice, we are offering consultations via telephone.
If you are facing financial difficulty, or a creditor has initiated or threatened collection action, you can let us know more about your case by filling out a contact form here. Once you submit your case evaluation form, someone will be in contact with you soon to discuss your potential case. As always, our consultation is free, and clients do not owe a fee unless we
We can also call us at (714) 550-9305. If no one is available to take your call immediately, please leave a voicemail and we will call you back shortly.
Documents that need to be signed to complete the process can be scanned and Emailed from anywhere without the need to come into our office.
To existing clients: We are continuing to work on your case and have the ability to access the firm's resources remotely. We are monitoring the status of the courts and if any currently scheduled matter is being canceled, rescheduled, or conducted telephonically.
We will be in touch with you. If you would like to speak with us about your case, please call us directly.

12/27/2020

NEW HIGHER HOMESTEAD EXEMPTION IN CALIFORNIA

A common mis-conception that we hear from potential clients consulting our firm for the first time is that their home would be sold if they file bankruptcy. This is not the case if the available equity in a debtor's home is exempt from liquidation.

Congress allows each state to determine what the residents of the state may keep when filing bankruptcy (exemptions from liquidation) if a state "opts out" of the federal exemption system. California created not one, but two, sets of exemptions, which have long been reputed to be the most generous in the country.

However, the benefits to debtors of California's once-generous homestead exemption have steadily eroded, as property values in this state climbed. Even rare periodic adjustments failed to keep up with California's soaring property values.

Until now.

On September 15, 2020, Governor Gavin Newsom signed into law Assembly Bill 1885 which dramatically increases the homestead exemption for personal residences in California. The new law is effective for cases filed on or after January 1, 2020.

The new homestead exemption is increased significantly to $300,000. -- but may increase up to $600,000. based on the median sale price of single-family homes within the county where the debtor resides.

For those residents of Orange County, and Los Angeles County, this means that the exemption will increase by up to eight times in some cases.

The increased homestead exemption will also be annually indexed to keep pace with future inflation.

This is all very good news for beleaguered California homeowners who are facing increased financial pressure due to the pandemic and social unrest all but shutting down the California economy.

At the Law Offices of Kaufman & Kaufman, we are proud that an attorney -- not a paralegal -- will review our clients' financial situations, to determine and advise the best course of action, including both bankruptcy and non-bankruptcy alternatives.

Disclaimer

The information contained in this weblog (blog) is provided for informational purposes only, and should not be construed as legal advice on any subject matter. No recipients of content from this site, clients or otherwise, should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state. the content of this weblog (blog) contains general information and may not reflect current legal developments, verdicts, or settlements. The Law Offices of Kaufman & Kaufman disclaims all liability in respect to actions taken or not taken based on any or all of the contents of this weblog (blog).

10/07/2020

Bounce Back with a Bankruptcy

You know how that old horror story goes -- it's 2020. Job prospects are at zero but credit card balances are far from that.

03/24/2020

Helping You During The Coronavirus

During this uncertain time, we want to assure you that Kaufman & Kaufman is still here to assist you with your case.

Although we usually meet with potential clients in person, because of the precautions made necessary by the Coronavirus (COVID-19),and Governor Newsroom's order to shelter-in-place until further notice, we are offering consultations via telephone.

If you are facing financial difficulty, or a creditor has initiated or threatened collection action, you can let us know more about your case by filling out a contact form here. Once you submit your case evaluation form, someone will be in contact with you soon to discuss your potential case. As always, our consultation is free, and clients do not owe a fee unless we

We can also call us at (714) 550-9305. If no one is available to take your call immediately, please leave a voicemail and we will call you back shortly.

Documents that need to be signed to complete the process can be scanned and Emailed from anywhere without the need to come into our office.

To existing clients: We are continuing to work on your case and have the ability to access the firm's resources remotely. We are monitoring the status of the courts and if any currently scheduled matter is being canceled, rescheduled, or conducted telephonically.
We will be in touch with you. If you would like to speak with us about your case, please call us directly.

01/27/2020

https://www.ocregister.com/2019/12/06/heres-how-orange-county-went-broke/

It didn’t matter that Citron had no background in accounting or investing. Or that he had never owned a single share of stock.

12/31/2019

From Kaufman & Kaufman we wish you the best 2020!

12/31/2019

Meet Leah! Leah M. Kaufman received her undergraduate Bachelors degrees from the American Jewish University; and earned her Juris Doctor degree from U.C. Hastings, College of the Law. She was admitted to the California Bar in December, 2015. During the first year of her practice, she volunteered at the Federal Bankruptcy Court in Santa Ana, California, and also started her own firm, specializing in legal and business strategies, and has helped many clients develop effective social media strategies for their businesses. She also has experience in trial advocacy, trying and winning her first case in 2017. She has since completed the Orange County College of Trial Advocacy, and is a member of the The James T. King Bankruptcy Inn of Court.

12/31/2019

Law firm of Kaufman and Kaufman won the Gingerbread house contest at the Discovery Museum on 12/12/19

11/29/2019

10/26/2019

Get creditors off your back and get a fresh start.
We assist with Bankruptcy services for clients throughout Orange County in all of the following cities:
Aliso Viejo, Anaheim, Brea, Buena Park, Costa Mesa, Cypress, Dana Point, Fountain Valley, Fullerton, Garden Grove, Huntington Beach, Irvine, La Habra, La Palma, Laguna Beach, Laguna Hills, Laguna Niguel, Laguna Woods, Lake Forest, Los Alamitos, Mission Viejo, Newport Beach, Orange, Placentia, Rancho Santa Margarita, San Clemente, San Juan Capistrano, Santa Ana, Seal Beach, Stanton, Tustin, Villa Park, Westminster, and Yorba Linda

10/26/2019

At the law offices of Kaufman & Kaufman you will speak directly with the attorney who will handle your case from beginning to end.
Les Kaufman, the lawyer you meet at your initial consultation is the same lawyer who will be sitting next to you at your hearing. We do not use appearance attorneys.