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Timestamp: 2017-05-01 04:07:42
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Matched Legal Cases: ['§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 10132', '§ 10170', '§ 704', '§ 704', '§ 21255', '§ 31452', '§ 31913', '§ 32210', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 704', '§ 695', '§ 16501', '§ 404', '§703', '§ 703', '§ 703', '§ 703', '§ 703', '§ 703', '§ 703', '§ 703', '§ 703', '§ 703', '§ 703', '§ 703', '§ 703', '§ 703', '§ 703', '§ 703', '§ 703', '§ 403', '§ 8346', '§ 4060', '§ 562', '§ 1440', '§ 231', '§ 3101', '§ 376', '§ 775', '§ 1450', '§ 8130', '§ 916', '§ 1717']

Home California Exemptions
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PDF | Print |	E-mail	The California bankruptcy exemptions chart, see below, details the property you can exempt or protect from creditors. You may exempt any property that falls into one of the exemptions categories below, up to the dollar amount listed. You will be able to kept this exempted property after you file bankruptcy.
California has two sets of exemptions. You must choose System 1 or System 2 based on your circumstances. System 1 is generally indicated if you own real property. You also may use certain Federal Exemptions in addition to your California exemptions.
CALIFORNIA EXEMPTION SYSTEM 1
Real or personal property you occupy including mobile home, boat, stock cooperative, community apartment, planned development or condominium unit is exempt to the extent of:
$75,000 if single and 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, physically or mentally disabled, or
$175,000 if 55 or older, single and earn under $15,000 or married and earn under $20,000 and creditors seek to force the sale of your home.
Sale proceeds from an exempt homestead are exempt for 6 months after received.
A husband and wife may not double their homestead exemption.
C.C.P. § 704.710C.C.P. § 704.720C.C.P. § 704.730
Motor vehicles to $2,775, or $2,775 in auto insurance if vehicle(s), lost, damaged or destroyed.
Sale proceeds from an exempt motor vehicle are exempt for 90 days after received.
A husband and wife may not double their motor vehicle exemption.
C.C.P. § 704.010
All ordinary and reasonable household furnishings, appliances, food, wearing apparel, and other personal effects.
C.C.P. § 704.020
Home improvement and building materials to $2,875 if they are about to be applied to the repair or improvement of your residence.
A husband and wife may not double their building materials exemption.
C.C.P. § 704.030
Jewelry, heirlooms and works of art to $7,175 total.
A husband and wife may not double their jewelry exemption.
C.C.P. § 704.040
Health aids including prosthetic and orthopedic appliances.
C.C.P. § 704.050
Tools, implements, instruments, materials, uniforms, furnishings, books, equipment, one commercial motor vehicle, one vessel, and other personal property that are reasonably necessary and actually used in the exercise of the trade, business, or profession by which you earn a livelihood to $7,175 ($14,350 for husband and wife operating the same business).
A husband and wife may double their tools of the trade exemption if they jointly operate the trade, business, or profession by which they both earn a livelihood.
Commercial motor vehicles are limited to $4,850 ($9,700 for husband and wife operating the same business).
You cannot claim a motor vehicle under tools of trade exemption if you claimed the same motor vehicle or a motor vehicle suitable for business purposes under motor vehicle exemption.
C.C.P. § 704.060
C.C.P. § 704.070
Public benefit payments directly deposited into a bank account to $1,425 ($2,150 if joint benefit payees).
Social security benefit payments directly deposited into a bank account to $2,875 ($4,300 if joint benefit payees).
In some cases all public benefit and social security benefit payments directly deposited into a bank account are exempt.
Paid retirement benefits
Paid life insurance death benefit
C.C.P. § 704.080
C.C.P. § 704.080(c)
C.C.P. § 704.110(d)
C.C.P. § 704.115(d)
C.C.P. § 704.100(c)
Inmates’ trust fund to $1,425 if inmate is not subject to a restitution fine or similar order. If inmate is subject to a restitution fine or similar order to $300.
A husband and wife are each entitled to a separate exemption or may double their inmate trust fund exemption.
C.C.P. § 704.090
Unmatured life insurance, endowment, and annuity policies (unpaid death benefits) are 100% exempt.
Unmatured life insurance, endowment, and annuity policies (loan value) are exempt to the extent of $11,475.
A husband and wife are each entitled to a separate exemption or may double their unmatured life insurance loan value exemption.
Benefits from matured life insurance, endowment, and annuity policies (paid death benefits) are exempt to the extent reasonably necessary for the support of you, your spouse, and your dependants.
Life insurance proceeds (paid death benefits) if clause in life insurance policy prohibits proceeds from being used to pay beneficiary’s creditors.
C.C.P. § 704.100
Ins. Code § 10132
Ins. Code § 10170
Public retirement benefits are exempt.
Private and union retirement benefits, profit-sharing plans designed and used for retirement purposes, self-employed retirement plans, IRAs, and Keoghs are exempt to the extent necessary to provide support for you, your spouse, and your dependants when you retire.
C.C.P. § 704.110
C.C.P. § 704.115
Public employees pension plans are exempt.
County employees pension plans are exempt.
County peace officers pension plans are exempt.
County firefighters pension plans are exempt.
Gov. Code § 21255
Gov. Code § 31452
Gov. Code § 31913
Gov. Code § 32210
All accumulated (unpaid) vacation credits of state and public employees are exempt. All paid vacation credits are treated as earnings.
C.C.P. § 704.113
Unemployment benefits paid by the state or a fraternal organization to its members is exempt.
Benefits paid by a labor union due to a labor dispute are exempt.
C.C.P. § 704.120
Benefits from a disability or health insurance policy or program are exempt.
C.C.P. § 704.130
Where an award of damages or a settlement arising out of a personal injury is payable in installments (structured settlement) it is treated as earnings.
C.C.P. § 704.140(a)
C.C.P. § 704.140(b)
C.C.P. § 704.140(d)
An award of damages or a settlement (lump-sum) arising out of a wrongful death of your spouse, or someone for whom you were a dependant, is exempt to the extent necessary for the support of you, your spouse, and your dependants.
Where an award of damages or a settlement arising out of a wrongful death of your spouse, or someone for whom you were a dependant, is payable in installments (structured settlement) it is treated as earnings.
C.C.P. § 704.150(a)
C.C.P. § 704.150(b)
C.C.P. § 704.150(c)
C.C.P. § 704.160(a)
Welfare & Fraternal Benefits
Welfare, aid to blind/aged/disabled, AFDC, food stamps, and fraternal benefit society payments are exempt.
C.C.P. § 704.170
Relocation benefits for displacement from your home are exempt.
C.C.P. § 704.180
Student financial aid is exempt.
C.C.P. § 704.190
Burial, cemetery, and family plots for you and your spouse are exempt.
C.C.P. § 704.200
Any other property that is not subject to enforcement of a money judgment is exempt. (e.g. property that is not assignable or transferable).
Licenses issued by a public entity to engage in a business, profession, or activity are not subject to enforcement of a money judgment.
Property of a business partnership is not subject to enforcement of a money judgment against a partner.
Fidelity bonds are not subject to enforcement of a money judgment held by a general creditor.
C.C.P. § 704.210
C.C.P. § 695.060
Corp. Code § 16501
Labor Code § 404
CALIFORNIA EXEMPTION SYSTEM 2
PLEASE NOTE: Married couples may not double any exemptions. C.C.P. §703.110; In re Talmadge, 822 F.2d 1120 (9th Cir. 1987); In re Baldwin, 70 B.R. 612 (9th Cir. B.A.P. 1987).
Real or personal property you live in including mobile home, boat, stock cooperative, community apartment, planned development or condominium unit or in a burial plot is exempt to $22,075.
Any unused portion of homestead exemption may be applied to any other property.
C.C.P. § 703.140(b)(1)
Motor vehicles are exempt to a total value of $3,525.
C.C.P. § 703.140(b)(2)
Household furnishings, household goods, wearing apparel, appliances, books, animals, crops, or musical instruments are exempt to $550 per item.
Jewelry is exempt to a total value of $1,425.
Any other property to a total value of $1,175 plus any unused portion of the Homestead exemption.
Tools, implements, or professional books used in your trade to a total value of $2,200.
C.C.P. § 703.140(b)(6)
Unmatured life insurance (unpaid death benefit), other than credit life insurance, is 100% exempt.
Accrued dividends, interest, or loan value of unmatured life insurance insuring your life or the life of your dependant and owned by you is exempt to the total value of $11,800.
Benefits from matured life insurance (death benefit) is exempt to the extent reasonably necessary for the support of you and your dependants.
C.C.P. § 703.140(b)(7)
C.C.P. § 703.140(b)(8)
C.C.P. § 703.140(b)(11)(C)
Professionally prescribed health aids for you and your dependants are 100% exempt.
C.C.P. § 703.140(b)(9)
Social Security, Unemployment Compensation, and Public Assistance Benefits are 100% exempt.
Veteran’s Benefits are 100% exempt.
Disability, illness, and Unemployment Benefits are 100% exempt.
Alimony, support, or separate maintenance is exempt to the extent reasonably necessary for the support of you and your dependants.
Awards under a crime victim’s reparation law are 100% exempt.
C.C.P. § 703.140(b)(10)(A)
C.C.P. § 703.140(b)(10)(B)
C.C.P. § 703.140(b)(10)(C)
C.C.P. § 703.140(b)(10)(D)
C.C.P. § 703.140(b)(11)(A)
Payments under stock bonus, pension, profit-sharing, annuity, or similar plans which are payable on account of illness, disability, death, age, or length of service are exempt to the extent reasonably necessary for the support of you and your dependants.
C.C.P. § 703.140(b)(10)(E)
Payments on account of the wrongful death of an individual of whom you were a dependant (your parents or spouse) are exempt to the extent reasonably necessary for the support of you and your dependants.
C.C.P. § 703.140(b)(11)(B)
Payments on account of personal bodily injury, not including pain and suffering or compensation for actual pecuniary loss, of you or your dependant is exempt to the extent of $22,075.
Payments in compensation of loss of your future earnings or the future earnings of a person for whom you are or were a dependant (parent or spouse) are exempt to the extent reasonably necessary for the support of you and your dependants.
C.C.P. § 703.140(b)(11)(D)
C.C.P. § 703.140(b)(11)(E)
ADDITIONAL FEDERAL EXEMPTIONS
50 U.S.C. § 403
5 U.S.C.§ 8346
22 U.S.C. § 4060
38 U.S.C. § 562
10 U.S.C. § 1440
45 U.S.C. § 231m
38 U.S.C. § 3101
Judges, US court directors, judicial center directors, supreme court chief justice administrators
28 U.S.C. § 376
33 U.S.C. § 775
10 U.S.C. § 1450
5 U.S.C. § 8130
33 U.S.C. § 916
42 U.S.C. § 1717
Klamath Indian tribe benefits for Indians residing in Oregon