This is an Official form adopted by the California Judicial Council for use in California Courts.
In San Jose, California, the Current Dollar Amounts of Exemptions from Enforcement of Judgments refer to the monetary limits set under state law, beyond which certain assets of a debtor cannot be seized or levied upon by creditors to satisfy a judgment debt. These exemptions are designed to protect individuals from total financial devastation by preserving a minimal level of assets necessary for their basic needs. In San Jose, there are various types of exemptions based on the specific category of assets. These include: 1. Homestead Exemption: This exemption shields a portion of the debtor's primary residence from being sold or foreclosed upon to satisfy a debt. San Jose allows a current dollar amount exemption of up to $75,000 if the debtor is single and not disabled or age 65 or older. However, if the debtor is married and residing with their spouse, the exemption increases to $100,000. 2. Motor Vehicle Exemption: San Jose permits a debtor to exempt up to $6,075 in equity value for one motor vehicle used for personal transportation purposes, such as a car or motorcycle. 3. Household Goods Exemption: This exemption protects essential household items, including furniture, appliances, and other personal property, up to a current dollar amount of $625 per item and $8,000 in total household goods. 4. Tools of Trade Exemption: Individuals engaged in a specific trade or occupation may exempt tools, instruments, machinery, books, and equipment necessary for their work, up to a cumulative current dollar amount of $8,000. 5. Jewelry and Art Exemption: San Jose allows a debtor to exempt up to $8,000 in combined current dollar amounts for jewelry, heirlooms, artwork, or any items that primarily serve an aesthetic purpose. 6. Wages Exemption: California law protects a portion of the debtor's wages from being garnished. In general, an individual's earnings are exempt up to 75% of their disposable earnings per week or 30 times the federal minimum hourly wage, whichever amount is higher. It's important to note that these Current Dollar Amounts of Exemptions from Enforcement of Judgments may change over time due to legislative updates or adjustments for inflation. Therefore, it is always advisable to consult an attorney or review the latest laws to obtain accurate and up-to-date information on the exemptions applicable in San Jose, California.In San Jose, California, the Current Dollar Amounts of Exemptions from Enforcement of Judgments refer to the monetary limits set under state law, beyond which certain assets of a debtor cannot be seized or levied upon by creditors to satisfy a judgment debt. These exemptions are designed to protect individuals from total financial devastation by preserving a minimal level of assets necessary for their basic needs. In San Jose, there are various types of exemptions based on the specific category of assets. These include: 1. Homestead Exemption: This exemption shields a portion of the debtor's primary residence from being sold or foreclosed upon to satisfy a debt. San Jose allows a current dollar amount exemption of up to $75,000 if the debtor is single and not disabled or age 65 or older. However, if the debtor is married and residing with their spouse, the exemption increases to $100,000. 2. Motor Vehicle Exemption: San Jose permits a debtor to exempt up to $6,075 in equity value for one motor vehicle used for personal transportation purposes, such as a car or motorcycle. 3. Household Goods Exemption: This exemption protects essential household items, including furniture, appliances, and other personal property, up to a current dollar amount of $625 per item and $8,000 in total household goods. 4. Tools of Trade Exemption: Individuals engaged in a specific trade or occupation may exempt tools, instruments, machinery, books, and equipment necessary for their work, up to a cumulative current dollar amount of $8,000. 5. Jewelry and Art Exemption: San Jose allows a debtor to exempt up to $8,000 in combined current dollar amounts for jewelry, heirlooms, artwork, or any items that primarily serve an aesthetic purpose. 6. Wages Exemption: California law protects a portion of the debtor's wages from being garnished. In general, an individual's earnings are exempt up to 75% of their disposable earnings per week or 30 times the federal minimum hourly wage, whichever amount is higher. It's important to note that these Current Dollar Amounts of Exemptions from Enforcement of Judgments may change over time due to legislative updates or adjustments for inflation. Therefore, it is always advisable to consult an attorney or review the latest laws to obtain accurate and up-to-date information on the exemptions applicable in San Jose, California.