Bay Area Lawyers Network
  • Home
  • Letter from the Chairman
  • Member Directory
    • James Arnold
    • James Bach
    • Jerry Clausen
    • Jason Geller
    • Drew Henwood
    • Randy M. Hess
    • Michele L. McGill
    • Christopher F. Morales
    • Richard M. Rogers
    • Robert J. Rothman
  • MCLE Programs
  • Contact
  • Areas of Practice
  • Articles
    • Resource Links

Drew Henwood -  Bankruptcy Law

Picture
Law Offices of Drew Henwood
564 Market St., Suite 519
San Francisco, California 94104
Phone: 415-362-7412
Fax: 415-217-6007

Law Offices of Drew Henwood
510 North 1st Street, Suite 205
San Jose, California 95112
Phone: 408-279-2730
Fax: 408-217-6007
bayareabankruptcylaw.com
dfhenwood@itgo2u.com

Drew Henwood is a graduate of the University of Arkansas, Fayetteville, in 1983, and is a member of the California Bar Association since 1996. A long time practitioner in San Jose and San Francisco, Mr. Henwood practices before the United States Bankruptcy Court exclusively. He is well-known as an expert in bankruptcy law and has lectured to the Bay Area Lawyers Network many times over the years.

Mr. Henwood’s staff is fluent in Vietnamese.

Areas of Practice:

Bankruptcy Law:
  • Collections & Repossessions
  • Commercial Bankruptcy
  • Consumer Bankruptcy
  • Creditors; Rights
  • Debt Discharge
  • Foreclosures
  • Garnishment
  • Reorganizations & Restructuring
  • Workouts

Bar Admissions:
  • Texas 1983
  • California 1996
  • U.S. District Court of Northern California 1989
  • U.S. District Court of Northern Texas 1985
  • U.S. District Court of Eastern, Texas 1996
  • U.S. Court of Appeals 9th Circuit

Resume

Education:
University of Arkansas, J.D.
Fayetteville, Arkansas USA
Arkansas Law Review 1981 – 1983

University of Oklahoma, M.A.
Norman, Oklahoma
Major/ Journalism

Oklahoma State University B.S.
Stillwater, Oklahoma USA

Past Employment
Hyatt Legal Services, Managing Attorney 1985
Denton & Guinan Law Firm, Associate Attorney 1983-1984

Representative Clients:
Standard Elevator/Nari Construction
Energy Transformation Systems

Business References:
Nari Ramchandani 510-759-7654

Date of Birth:
Albuquerque, New Mexico USA 1951

Bankruptcy Law

There are two options under the bankruptcy laws: liquidation or a repayment plan.

In liquidation, also called a Chapter 7 bankruptcy, you sell your property and use whatever cash is generated to fully satisfy creditor claims. You will be allowed to keep certain kinds of property under the exemptions allowed by federal and state bankruptcy laws. The definition of "exempt property" differs in each state, and it can include clothing, furniture, and household appliances, tools of your trade and perhaps your home or car. The trustee will also determine which of your property is exempt from sale to pay your debts.

In a repayment plan, sometimes called a Chapter 13 bankruptcy, you pay a portion of your monthly income to a trustee for distribution to your creditors. A repayment plan is useful when you are behind on your home or car loan. The repayment plan can be used to extend, for up to 5 years, the time period for paying your bills and might allow you to pay less than you owe. The extended payment period has the advantage of allowing you to make smaller payments. You will be allowed to keep part of your monthly income to pay for living expenses like food, clothing, rent and medicine. To qualify for a Chapter 13 Repayment Plan, you must have regular income and your unsecured debts must not exceed $250,000.00. If your unsecured debts exceed $250,000.00, you may qualify for a repayment plan under Chapter 11. Bankruptcy proceedings under Chapter 11 are more complicated than those available under Chapter 13.
  • Home
  • Letter from the Chairman
  • Member Directory
    • James Arnold
    • James Bach
    • Jerry Clausen
    • Jason Geller
    • Drew Henwood
    • Randy M. Hess
    • Michele L. McGill
    • Christopher F. Morales
    • Richard M. Rogers
    • Robert J. Rothman
  • MCLE Programs
  • Contact
  • Areas of Practice
  • Articles
    • Resource Links