These posts I am making from a past probate seminar I gave for NBI have generated a lot of interest. That’s great. I have a hunch this will generate the most. There are a lot of insolvent (BANKRUPT) probate estates in California. In many of these cases we can still put dollars in your pocket AND make it so the creditors can’t come after you once probate is done. It’s totally legal too!
Contact me directly or visit our website for information. www.californiaprobate.info
An estate is insolvent if, at fair valuations, the sum of the estate’s debts is greater than all of the estate’s assets (Cal Civil 3439.02).
Priority of payment of creditor claims. PC 11420 sets forth the order of payment of t