LEGAL ALERT- Increased Homestead Exemption Decreases Equity Potentially Recoverable by Judgment and Bankruptcy Creditors
California Assembly Bill 1885 (“AB 1885”), effective January 1, 2021, amended Code of Civil Procedure Section 704.730 to increase the amount of equity in a debtor’s primary residence that can be protected in bankruptcy to $600,000 in most cases. AB…
Mark JohnsonJanuary 21, 2021








