Mon
15
Feb
2010
What Can I Keep if I File Bankruptcy in California?
One of the most important questions our clients ask us is what they will be allowed to keep if they file a Chapter 7 bankruptcy. The short answer is "suprisingly, quite a lot, and often everything." We call the assets you are allowed to keep "Exemptions". California has its own list of Exemptions. Here is a list straight from the California Civil Code.
http://www.fullmanfirm.com/what-i-have-learned/what-can-i-keep-in-ch-7-bk/
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