California  |  Bankruptcy

Legal Question

Asked on: 10/14/13, 3:02 pm

In San Diego, CA, how much money can a chapter 7 debtor keep as exempt? Is there a wild card? If so how much? After I file a voluntary chapter 7 petition, can I negotiate a settlement of my debts to pay all creditors a portion of what is owed with the exempt funds I have or money I can borrow from family? I filed an emergency bk ch. 7 petition and now want to dismiss it and work out the debts with the creditors. Please advise. Thanks

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