When the sheriff arrives at your employer,
or your bank,
or your business
with a levy in hand, you want to know NOW, and FOR CERTAIN, what part of your assets are protected by an exemption under California law.
Exemptions are measured in dollars: $X of equity in a car
, for example, is exempt.
To be meaningful, those dollar amounts change over time and with new legislation.
Yet my Google search this morning returned in first place
the exemption amounts for 2005.
In fact, all but one of the first page results
returned by Google on a search for “California exemptions” was outdated.
California exemptions in 2015
The 2015 edition of California exemptions
, available in bankruptcy and out of bankruptcy, is published by the Judicial Council. They are found, largely, in the California Code of Civil Procedure, starting with Section 704.
But most of the online versions of the CCP are several years behind the times. Look in the statutes and you are still likely to get stale information.
CURRENT CALIFORNIA EXEMPTIONS