'Wild Card' Bankruptcy Exemption Applies To Cars: 9th Circ.

Law360, Los Angeles (March 6, 2013, 7:54 PM EST) -- The Ninth Circuit ruled Tuesday that a California real estate agent may claim a bankruptcy exemption for her 2001 Mercedes-Benz 320E sedan in order for a lower court to determine whether she uses the car for work or primarily for pleasure.

A three-judge panel ruled that Angie M. Garcia may use California's “wild card” or “grubstake” exemption to keep her car.

The panel affirmed U.S. District Judge Josephine Staton Tucker's decision to remand the case to bankruptcy court so a judge there can determine whether the...
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