Insurance Exemptions — State System
California State Law Insurance Exemptions
California Exemption System 1
California Exemption System 2
Federal Non-Bankruptcy Insurance Exemptions
(available if using State System of exemptions)
Federal System § 522(d) — Insurance Exemptions
Can California debtors use the Federal Bankruptcy exemptions instead of California exemptions?
No. Federal exemptions not available. Instead, California has two systems of exemptions, one of which ("C2") closely mirrors the federal scheme. Cal. Civ. Proc. Code § 703.130
The Federal Bankruptcy Exemptions under 11 U.S.C. § 522(d) are available to you if
- you haven't lived in any state longer than 180 days for a while,
- or
- if your state allows the Federal exemptions as a choice.