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9th Circuit: Debtor May Claim 'Wildcard Exemption' For Luxury Automobile

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SAN FRANCISCO - A panel of the Ninth Circuit U.S. Court of Appeals on March 5 ruled that a debtor could claim an exemption for her car under both California law and federal bankruptcy law even though it was a luxury automobile (Orange County Credit Union v. Angie M. Garcia $(In Re: Angie M. Garcia$), No. 11-56076, Chapter 7, 9th Cir.)....(read more)

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