help with California exemptions
I followed the trail on the application of the homestead exemption and have some questions.
If you have no home, just own a car worth $14,000, have some jewelry held in a pawn shop in CA (total to get it back is $2,312.54), and have temporary income through November can the car be completely exempted by combining the car exemption of $3,300 + the $20,725 from the unuseable homestead exemption under System 2? And, can what is left over from the unused part of the homestead exemption ($10,025.00) be used to save the jewelry? Don't know replacement value of jewelry--how does it work getting it back??
Other factor is wages. No wage exemption in System 2. Debtor is clearing $1,220 weekly. Can I use the wildcard and some left over from homestead to protct wages? Any advice on that?
Looks like I can save the car and jewels. How do I keep the pawn shop from repossessing on August 26th? BK to be file, but we may not have creditior's meeting set by then..Help??
I followed the trail on the application of the homestead exemption and have some questions.
If you have no home, just own a car worth $14,000, have some jewelry held in a pawn shop in CA (total to get it back is $2,312.54), and have temporary income through November can the car be completely exempted by combining the car exemption of $3,300 + the $20,725 from the unuseable homestead exemption under System 2? And, can what is left over from the unused part of the homestead exemption ($10,025.00) be used to save the jewelry? Don't know replacement value of jewelry--how does it work getting it back??
Other factor is wages. No wage exemption in System 2. Debtor is clearing $1,220 weekly. Can I use the wildcard and some left over from homestead to protct wages? Any advice on that?
Looks like I can save the car and jewels. How do I keep the pawn shop from repossessing on August 26th? BK to be file, but we may not have creditior's meeting set by then..Help??
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