Protecting Property

Protecting Property through Bankruptcy

If you are considering filing bankruptcy, you may be concerned about losing your property. This can include your home, your car, even your wedding ring. These are concerns many people have. In some circumstances, the fear of losing your personal property may propel you into even deeper debt. At Winfield Payne & Associates, we can address your concerns about protecting property and answer the many questions you may have.

Are you interested in speaking with a lawyer about filing bankruptcy and protecting property? Please contact attorney Winfield Payne today to arrange a free consultation. Since 1979, Mr. Payne has provided hands-on legal representation by personally preparing and filing all bankruptcy documents.

Experience When You Need it Most

Mr. Payne has witnessed many changes to California bankruptcy law over the course of many years. His commitment to helping consumers and businesses file bankruptcy is recognized by clients. His experience has helped many individuals and families protect property from liquidation. He is knowledgeable about the various exemptions available. He can discuss with you exemptions such as the following.

• Homestead exemption
• Personal property including appliances, furniture, and clothing
• Burial plots
• Vehicles
• Life insurance benefits
• Pension plans
• Tool of your trade
• Student financial aid
• Workers' Compensation benefits

Homestead exemption is one of the main concerns of California residents. If you own a home, the trustee will consider the equity in the home, the value of the home, your mortgage, and the liens against it. The homestead exemption will protect the equity you have built up in your home. We can help you understand this complex exemption.

Filing bankruptcy can seem like a frightening experience. Let Mr. Payne's knowledge help you through your financial struggles. Contact our firm today to learn more.