Bankruptcy and International Assets in Los Angeles
American Debts and Foreign Assets in Bankruptcy
U.S. citizens with foreign assets have unique concerns when it comes to bankruptcy. If you are in this situation, you undoubtedly have many questions:
- Do I need to claim property located in another country?
- Does the bankruptcy court have jurisdiction over my international assets?
For answers to your most pressing questions, speak with an experienced bankruptcy attorney in Los Angeles.
At Resnik Hayes Moradi LLP, we understand how important your international assets are. Whether your case involves a house, bank account or other foreign asset, our lawyers will explain the process for handling these matters.
Call our offices in Los Angeles or Sherman Oaks at (213) 344-0043 to schedule a free consultation.
Do I Need to List International Assets?
If you have a house, bank account, investment property or other asset outside the country, you must include these assets on your bankruptcy petition. While it may seem as though the bankruptcy trustee should not have jurisdiction abroad, that is simply not the case. Some or all of these assets may be considered exempt under the Bankruptcy Code, but you still must disclose them.
Failure to inform your bankruptcy attorney about foreign assets when filing either Chapter 7 or Chapter 13 bankruptcy is considered concealing assets. This could result in the dismissal of your bankruptcy petition, criminal charges, and loss of the property in question.
Get Help from Our Experienced Los Angeles Attorneys Today
Have you moved to the United States from another country and left assets behind? Did you inherit foreign land from a distant relative? All international assets must be accounted for in a bankruptcy proceeding. Our lawyers have helped countless clients in Southern California protect foreign assets in bankruptcy. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
Contact our firm to schedule a complimentary consultation. Payment plans are available. Se habla español.
Resnik Hayes Moradi LLP
Meet Our Los Angeles Bankruptcy Specialists
Testimonials
See What Our Clients Have to Say
-
Without the support of pro bono attorneys we couldn't do all the work we need to do, and your firm in particular is outstanding.
“Thank you for your great work on behalf of Ms. Johnson. Without the support of pro bono attorneys we couldn't do all the work we need to do, and your firm in particular is outstanding.”
- Skip K. -
Was very impressed with the comprehensive professionalism of the firm...
“Was very impressed with the comprehensive professionalism of the firm, especially Matthew Resnik... I had suffered through the incompetence of two previous bk lawyers not to mention fees far greater ...”
- G.L -
He not only saved my house but also got rid of all my debt. They are not your typical attorneys and their creativity really allowed me to do things that other attorneys never mentioned in previous consults.
“Fantastic office! I want to thank Matt for taking his time with me and sincere in his assistance. He spent over an hour with me for free during our initial consult. I left knowing exactly what's ...”
- David K. -
He negotiated on my behalf with a credit card company and was able to settle with them for much lower than I could have on my own.
“I worked with David Kritzer at this firm, and he was great. He negotiated on my behalf with a credit card company and was able to settle with them for much lower than I could have on my own thanks to ...”
- Kelly S. -
I cannot thank them enough for helping save my home. I would recommend them for anyone that is thinking about filing for bankruptcy or foreclosure on their home.
“I needed a bankruptcy attorney in Sherman Oaks and found Matt Resnik on Google. He has one of the best-reviewed bankruptcy law firms on Yelp so I decided to check it out his law firm for myself. I ...”
- Joseph R.
We Wrote the Book on Bankruptcy
Get Your Copy Today
Committed to making the process as stress-free as possible for our clients, our Los Angeles bankruptcy attorneys and dedicated staff will handle everything for you. From filling out paperwork through getting end results, we will work to help your case run smoothly and efficiently. We serve our clients in English, Spanish and Farsi.
