In what circumstances will a defendant be able to claim an exemption from the Bankruptcy and Insolvency Act?

California, United States of America


The following excerpt is from Le Font v. Rankin, 167 Cal.App.2d 433, 334 P.2d 608 (Cal. App. 1959):

In Carter v. Carter, 55 Cal.App.2d 13, 130 P.2d 186, the defendant claimed an exemption of moneys in his bank account. He was a commission salesman in San Francisco for [167 Cal.App.2d 436] New York firms. His claim was rejected, the court stating (55 Cal.App.2d at page 14, 160 P.2d at page 187):

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