Please help clarify --
How do the California System 2 exemptions work?
Can the $18,675 homestead/ real/ personal property/
wildcard exemption be used along with other specific
exemptions to make an aggregate total of more than
$18,675 exempt?
Yes, or no? My understanding is YES, is that right?
Can I take, for example, up to $18,675 with
C.C.P. § 703.140(b)(5)
and also, $450 with 703.140(b)(3)
and also, tools of trade to $1,875 with
703.140(b)(6)
Jewelry to $1,225 703.140(b)(4)
Motor vehicle to $2,975 703.140(b)(2)
???
www.courtinfo.ca.gov/forms/documents/exemptions.pdf
I've read elsewhere that if you use the $18,675, then that
is all you can use, not any other allowances... but that seems wrong!
How do the California System 2 exemptions work?
Can the $18,675 homestead/ real/ personal property/
wildcard exemption be used along with other specific
exemptions to make an aggregate total of more than
$18,675 exempt?
Yes, or no? My understanding is YES, is that right?
Can I take, for example, up to $18,675 with
C.C.P. § 703.140(b)(5)
and also, $450 with 703.140(b)(3)
and also, tools of trade to $1,875 with
703.140(b)(6)
Jewelry to $1,225 703.140(b)(4)
Motor vehicle to $2,975 703.140(b)(2)
???
www.courtinfo.ca.gov/forms/documents/exemptions.pdf
I've read elsewhere that if you use the $18,675, then that
is all you can use, not any other allowances... but that seems wrong!
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