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Bankruptcy in California

The bankruptcy system is governed by federal law. However, where you live does play a role in some aspects of bankruptcy. Here you'll find information important to filing for bankruptcy in California, including:

  • California Bankruptcy Exemptions. Exemptions play a big role in bankruptcy -- they determine what property you keep in Chapter 7 bankruptcy and influence how much your monthly payment will be in Chapter 13 bankruptcy.
  • California Filing Information. If you file in California, it helps to have links to your local bankruptcy courts and know which credit counseling agenies are approved by the bankruptcy trustee. In addition, you'll need to know the state median income to complete the means test (which determines eligibility for Chapter 7 bankruptcy).  

Click on the article links below to find California-specific information related to bankruptcy.

California Bankruptcy Information

California Bankruptcy Information

  • California Bankruptcy Exemptions

    California bankruptcy exemptions allow you to retain essential property, including your home, car, instruments, retirement accounts, and furnishings. Understand how bankruptcy exemptions function in Chapters 7 and 13.

Common Questions

Common Questions

  • Can I Keep My Rental Property in Bankruptcy?

    Do you own rental property? If you own a house, an apartment, commercial space, or a multi-unit building that you rent out to tenants, then you should consider how it will be affected if you file for bankruptcy.

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