Shamrock Legal, APC

08/12/2021

Celebrate! After two years of ceaseless work, we finally secured the final $485,000 payment on a non-dischargeable judgment. After the client and the other attorneys wrote it off and said it would never happen. There is something to be said for having an attorney who knows the value of perseverance.

09/19/2020

FAMTASTIC news for California homeowners contemplating bankruptcy. Now it is much easier to protect the equity in your home.
If you have questions about your own situation and whether a bankruptcy could benefit you, feel free to contact us.
Shamrock Legal
805.478.2611

SACRAMENTO – State Senator Bob Wieckowski (D-Fremont) tonight praised Governor Gavin Newsom for signing a major increase in the state’s outdated homestead exemption law that will boost the amount of equity protected from creditors and prevent more homeowners from losing their residences in bankr...

09/01/2020

California's legislature has passed the long-awaited Homestead Increase Bill, which would raise the current homestead exemption from a flat $75,000/100,000/175,000, to an adjustable number based on the median price of homes, minimum $300,000, maximum $600,000. This is HUGE news for anybody with a home who has been contemplating filing a bankruptcy, as the homestead exemption is frequently the thing that determines whether a homeowner can file a simple Chapter 7, or a 3-5 year payment plan Chapter 13.

If you're wondering how this could affect you, get in touch with me. There is no consult fee here, so I'd be happy to answer any questions you may have.

08/10/2020

It took a year, but we finally received the first payment towards an Adversarial Proceeding settlement. $150,000. Looking forward to the next one in (hopefully) 6 months.

07/02/2020

An important consideration when you are mediating an adversary proceeding is whether you will ever actually be able to collect whatever judgment you get. You may have a judgment for $250,000. But if the debtor's home is being foreclosed and they don't have a job, what is that paper worth? Maybe the $12,000 offer isn't *that* bad. Never let your ego get the better of your common sense.