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Published byMargery Long Modified over 9 years ago
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California Exemptions CCP 703 CCP 704
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Exemptions A fancy word for a list of things that you are able to keep and creditors cannot reach. Code of Civil Procedure - Section 703 Code of Civil Procedure - Section 704
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Code of Civil Procedure Sections 703 1.-Homestead 2.-Motor Vehicle 3.-Personal Property 4.-Tools of Trade .5.-Insurance 6.-Pension 7.-Public Benefit 8.-Alimony and Child Support
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Code of Civil Procedure Sections 704 1.-Homestead 2.-Motor Vehicle Exemption 3.-Peronal Property 4.-Tools of Trade 5.-Insurance 6.-Pensions 7.-Public Benefits 8.-Alimony and Child Support
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CALIFORNIA LAW http://www.leginfo.ca.gov/calaw.html http://www.leginfo.ca.gov/calaw.html California Law California Code of Civil Procedure Table of Contents Chapter 4 Exemptions Section 703 & Section 704
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If you had an automobile worth $2,700 this would be exempt under CCP 703. Motor Vehicle Up to $4,800 in value
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The best applicable exemption under California Exemptions for a home with a $50,000 equity would be CCP 704 Homestead Up to $75,000 in value per per individual
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ALL CCP 703 ALL CCP 704
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Make up your mind, 703 or 704? Only one !!!!!!!!!!!!!!!!!!
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CCP 703 would be the best option for someone not owning a home (property). “Wild Card” $18,325 exempt in cash
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