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California Bankruptcy Information

Eureka  .  Fresno  .  Los Angeles  .  Modesto  .  Oakland  .  Riverside  .  Sacramento  .  Salinas  .  San Diego  .  San Francisco  .  San Jose  .  Santa Ana  .  Santa Barbara  .  Santa Rosa  .  Woodland Hills  . 

California Median Income Standards

 

California Bankruptcy Exemptions

California Homestead

Real or personal property you occupy including mobile home, boat, stock cooperative, community apartment, planned development, or condo to $75,000 if single & not disabled; $100,000 for families if no other member has a homestead (if only one spouse files, may exempt one-half of amount if home held as community property and all of amount if home held as tenants in common); $175,000 if 65 or older, or physically or mentally disabled; $175,000 if 55 or older, single, & gross annual income under $25,000 or married & gross annual income under $35,000 & creditors seek to force the sale of your home; forced sale proceeds received exempt for 6 months after; separated but married debtor may claim homestead in community property still occupied by other spouse. (Husband & wife may not double)

Vehicle

Motor vehicles to $3,050, or $3,050 in auto insurance for loss or damages (husband and wife may not double)

Wages

Minimum 75% of wages paid within 30 days prior to filing

Personal property & Tools of Trade

Jewelry, heirlooms & art to $8,000 total (husband and wife may not double)Health aids
Building materials to repair or improve home to $3,200 (husband and wife may not double)
Tools, implements, materials, instruments, uniforms, books, furnishings, & equipment to $8,000 total ($14,975 total if used by both spouses in same occupation); amount of exemption for commercial motor vehicle not to exceed $4,850 ($9,700 if used by debtor and spouse in same trade)

WildCard

None (use federal non-bankruptcy wage exemption)

More info About __ Bankrutpcy Exemptions including citations.

California Bankruptcy Courts

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