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Personal Creditor Exemptions Not Available For Moneys Held In Entities Subject To Charging Order In Signorelli

Por: Forbes Business March 23, 2023

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Creditor exemptions are like swiss cheese in that they have an abundance of holes.getty Fremont Bank sued Robert and Kathryn Signorelli, and Signorelli Family LP for breach of contract and guarantees on a loan that went into default. The U.S. District Court for the Northern District of California entered judgment in the amount of $959,533 on April 19, 2019. The debtors later paid $30,000 toward satisfying the judgment, but nothing else. So far,... + full article



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