California Code of Civil Procedure 703.530 – (a) If property is claimed as exempt pursuant to a provision …
(a) If property is claimed as exempt pursuant to a provision exempting property to the extent necessary for the support of the judgment debtor and the spouse and dependents of the judgment debtor, the claim of exemption shall include a financial statement.
(b) The financial statement shall include all of the following information:
Terms Used In California Code of Civil Procedure 703.530
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- debtor: means the debtor from whom the liability is sought to be collected. See California Code of Civil Procedure 688.040
- Dependent: A person dependent for support upon another.
- Property: includes both personal and real property. See California Code of Civil Procedure 17
- Spouse: includes "registered domestic partner" as required by §. See California Code of Civil Procedure 17
(1) The name of the spouse of the judgment debtor.
(2) The name, age, and relationship of all persons dependent upon the judgment debtor or the spouse of the judgment debtor for support.
(3) All sources and the amounts of earnings and other income of the judgment debtor and the spouse and dependents of the judgment debtor.
(4) A list of the assets of the judgment debtor and the spouse and dependents of the judgment debtor and the value of such assets.
(5) All outstanding obligations of the judgment debtor and the spouse and dependents of the judgment debtor.
(c) The financial statement shall be executed under oath by the judgment debtor and, unless the spouses are living separate and apart, by the spouse of the judgment debtor.
(Added by Stats. 1982, Ch. 1364, Sec. 2. Operative July 1, 1983, by Sec. 3 of Ch. 1364.)
