Bankruptcy Exemptions

 Brevard County Bankruptcy Property and Assets Attorney  

As you go through the bankruptcy process, you may wonder what property you are allowed to keep. Under Florida bankruptcy rules, there are certain assets which are classified as exempt that the bankruptcy trustee is not able to take from you. At Speicher & Speicher, PA, we can not only help you file for bankruptcy, but also use our years of experience to help you fully understand which of your property is protected from bankruptcy. When you  contact us , you can set up a free initial consultation where you will speak directly with the attorney who will handle your case and receive honest, upfront answers about bankruptcy exemptions. 

Cocoa Bankruptcy Exemptions Attorney

What items might I be able to keep during bankruptcy?

During bankruptcy, some of the things each individual typically gets to keep include: 

 

$1,000 of personal property based on reasonable retail value. This is often referred to as garage sale

value, and typically protects all of the personal property in your home. 

 

Automobiles

Retirement plans

Pensions

Homestead property (your house)

Disability income or payments

Qualified Florida prepaid college funds

Life insurance policies (cash values in the policy)

Child support

Alimony

 

Your specific situation may allow you to keep other assets not listed here. To accurately determine what property of yours will be exempt from the bankruptcy process, you should contact an attorney. 

 

Contact the firm

At  Speicher & Speicher, PA, we use our more than 45 years of combined experience to the advantage of each of our clients. We pride ourselves on creating an environment where our clients feel comfortable while discussing their difficult legal issues. We have flexible hours and are available by appointment when necessary to meet our clients’ scheduling needs. To schedule a free initial consultation with a Brevard County bankruptcy property and assets lawyer, contact us at 321-637-9937 or online. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.