How much home equity is protected in California bankruptcy?

0	How much equity is protected in California bankruptcy? house bankruptcy equity asked Jan 09 '11 at 17:23 rhd ♦♦ 1●3

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Up to $75,000 in value for an individual
Up to $100,000 in value for families (if others living in the home has no interest in the home)
Up to $175,000 if 65 or older, or physically or mentally disabled
Up to $175,000 if single, 55 years of age or older, and earn less than $15,000 a year
Up to $175,000 if married and earn less than $20,000 a year and a creditor tries to force the sale of the home

These amounts are adjusted for inflation every 3 years. The most recent adjustment in California was done on April 1, 2010. The amounts listed in the statutes are not current.

answered Jan 09 '11 at 19:26

CeciliaChen ♦
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Asked: Jan 09 '11 at 17:23

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Last updated: Jan 09 '11 at 19:26

How much home equity is protected in California bankruptcy?

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