Legal Question in Bankruptcy in California

Re: California Bankruptcy

Generally, one can exempt more equity in a home using the 704 series rather than the 703 series.

Re: California Bankruptcy

Attorney Cohen is correct, however, you need to look at all of your assets, and perform an analysis of what system provides you overall with the greatest protection for all of your assets. If your home and its equity is the single largest asset you have, then Attorney Cohen is correct, but make sure you examine all of your assets and each set of exemption laws before you file.

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