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.
Continue reading “What Assets Are Protected in Bankruptcy in California?”