From what I have understood previously, one must rely on the "trustee" to pay the exemptions as a matter of distribution of the estate. Does that sound correct?
Also it sounds like, based on CA homestead law, that if you file your Homestead Declaration with the county recorder, and your home is forced into sale, that escrow would be required to distribute the exempted amount directly to the debtor. Can anyone clarify this or Does anyone have any opinions?
Thanks
Also it sounds like, based on CA homestead law, that if you file your Homestead Declaration with the county recorder, and your home is forced into sale, that escrow would be required to distribute the exempted amount directly to the debtor. Can anyone clarify this or Does anyone have any opinions?
Thanks
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