CA CLS Bankruptcy Practice Questions - California Certified Specialist - Bankruptcy Law Examination Exam

A California debtor wishes to claim the federal bankruptcy exemptions under 11 U.S.C. §522(d). May the debtor do so?

Yes, debtors always have a federal/state election No, California has opted out under §522(b)(2) and debtors must use California state exemptions Yes, but only if the debtor has lived in California less than 730 days Only with court approval after a noticed hearing

Correct Answer:

No, California has opted out under §522(b)(2) and debtors must use California state exemptions

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