If you’re considering bankruptcy, you may be wondering: What assets are protected in bankruptcy in California?
In California, key bankruptcy exemptions include up to $600,000 in home equity, $3,325 in vehicle equity, protected retirement accounts, personal belongings, and public benefits such as Social Security. Exemptions help filers keep essential property while resolving debt through Chapter 7 or Chapter 13 bankruptcy.
With decades of experience guiding Californians through bankruptcy, I’ve helped countless individuals protect their homes, vehicles, and financial security. Let’s examine the assets that remain protected when filing for bankruptcy in California.
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