Updated: 2020-08-27 by
California Exemptions Summary:
$300,000 to $600,000 depending on county, and median sale price for a home in prior calendar year.
Motor vehicles to $3,325, or $3,325 in auto insurance for loss or damages (husband and wife may not double)
Jewelry, heirlooms & art to $8,725 total (husband and wife may not double)Health aids
Building materials to repair or improve home to $3,500 (husband and wife may not double)
Tools, implements, materials, instruments, uniforms, books, furnishings, & equipment to $8,725 total ($17,450 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)
None (use federal non-bankruptcy wage exemption)
Deposit Accounts to amount "necessary for the support of the judgment debtor, as well as the judgment debtor’s spouse and dependents"(CCP 704.225.) Using this exemption, a family living paycheck to paycheck could likely exempt an entire account balance; however, courts have yet to weigh in on the new law. A debtor must assert this exemption for it to apply.
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