Law Office of
Max Cline

Send 25 years of Experience to Court

Alameda, Contra Costa, San Francisco and San Mateo Counties in Northern California

California
Exempt Property

Two sets of property
exempt from Bankruptcy Trustee

Chapter 7 cases.


Set One
  1. a "wild card" of $19,675.00 in any type of property including excess beyond following exemptions and equity in residence.
  2. Motor vehicle - $2,975.00
  3. Household goods and wearing apparel.
  4. Jewelry - $1,225.00
  5. Tools of trade - $1,875.00
  6. Unmatured life insurance.
  7. Cash value life insurance - $9,975.00
  8. Social Security, unemployment and public assistance benefits, Veterans' benefits and disability benefits.
  9. Alimony and child support.
10. Retirement plans.
11. Personal injury and wrongful death cases.


Set Two
  1. Motor vehicles - $2,300.00
  2. Household goods and wearing apparel.
  3. Tools of trade - $6,075.00 for one and $12,150.00 if both husband and wife in business.
  4. $9,700.00 in cash value life insurance and $19,400.00 if married.
  5. Retirement plans
  6. Unemployment and disability benefits.
  7. Personal injury and wrongful death cases.
  8. Workers compensation claims.
  9. Equity in residence $50,000.00 - $150,000.00
10. Jewelry - $6,075.00


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