Category Archives: Assets & exemptions

California Exemptions May Increase

Californians may enjoy an increase in the exemption for a principal residence and compensating increases in the exemptions available under CCP 703 to Californians filing bankruptcy.? The bill under consideration , AB 929, will not, however, increase the wildcard, or grubstake, exemption in the CCP 703 scheme. A bill to again revise California Exemptions, introduced…