Legal Question in Bankruptcy in California
personal property
Should social security benefits be listed on the personal property (schedule B)? If so, where? Also, are social security benefits automatically exempt?
Asked on 6/17/99, 6:45 pm
1 Answer from Attorneys
Marcus G. Tiggs
Slate and Leoni, A Professional Corp
Re: personal property
Wih an abundance of caution the answer is yes, it should be disclosed on B(11), and expmted on schedule C. Both CCP 703.140 et seq and CCP 704 et seq. provide unlimited exemption.
Best Luck
Answered on 6/29/99, 2:46 pm
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