California Bankruptcy Exemptions as of August 2017

Please note that the California exemption statutes below are as of August 2017.  They do change periodically so please consult with a bankruptcy professional (such as me), or go online to the bankruptcy court website prior to relying on any numbers in case they’ve changed. When you file bankruptcy, the laws in California allow you to protect or “exempt” certain assets up to certain amounts.  Keep in mind that if you’re not able to protect certain assets using applicable laws, … Continued