California Exemptions

[compulsive]

According to the 2nd option for California Exemptions any unused portion of the homestead exemption can be used for any property. Since I don't own a home and the value of my car exceeds the exemption of $2,775, can I use the $17,425 toward the car? I also have a $450 wild card.

I know it seems self-explanatory, but I want to be sure.

[DueProcess]

Yes

[monkatom]

compulsive I think the CA exemptions have changed and you may be using old figures?

http://www.bankruptcyaction.com/caexemptions.htm

[dp1969]

What if you are surrendering your home? Does this change anything in the CA system 2 exemptions?

[dp1969]

compulsive I think the CA exemptions have changed and you may be using old figures?

http://www.bankruptcyaction.com/caexemptions.htm

I know where he got those figures from and see the new ones. I've Googled CA System 2 Bankruptcy and all the information seems to be old. My lawyer appears to be using the new figures. Why haven't these websites updated the information. Even found the Moran Law Group here in CA and they have an update of 5/27/07 on this part of the site: http://www.moranlaw.net/703.htm
Clearly shows an update on the Bankruptcy Action website as of April 1,2007. Are these lawyers behind???