Debtor files and declares their bank account with $1000. They exempt it in Schedule C with wildcard (which for this example is $30,000+ in California)
How soon can Debtor access that cash for use in everyday survival needs (ie food, bills)? Do they have to wait the 30 days objection period?
As I understand it the exemption applies immediately on claiming it, BUT it can be objected.
So if debtor uses funds for survival, is it a case of 'asking for forgiveness not permission' and repaying the difference?
Or is there a court motion that debtor has to do with court to get this permission?
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How soon can Debtor sell/spend exempted property?
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