Timeline for Can a gift be re-gifted before a Chapter 7 Bankruptcy?
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| Jul 17, 2013 at 15:24 | comment | added | ChrisInEdmonton | @BobLoblaw, California requires the use of state exemptions. There's a limit of $2725 for automobiles under system 1, but up to $4,800 of equity under system 2. It looks like you can get about $25,000 in wildcard exemptions, too, if no homestead exemption is used. | |
| Jul 17, 2013 at 4:53 | vote | accept | Bob Loblaw | ||
| Jul 17, 2013 at 4:52 | comment | added | Bob Loblaw | Thanks for the help!! They might be able to do a wildcard exemption as well, right? As long as they don't need to use it for something else, that is. | |
| Jul 14, 2013 at 23:24 | history | answered | ChrisInEdmonton | CC BY-SA 3.0 |