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What Can Be Kept in a Florida Bankruptcy
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What Can Be Kept in a Florida Bankruptcy

Ask a South Florida Bankruptcy Attorney About Exemptions

If you are considering filing for Chapter 7 or Chapter 13 bankruptcy, you no doubt want to know what personal property and financial assets you will be allowed to keep. Will you be required to sell your TV, horse, boat, car, jewelry or antiques? Do creditors have the right to repossess items that you have not yet finished paying for?

Ask these and other important, relevant, questions of a bankruptcy lawyer who can assess your particular situation and advise accordingly. Call or e-mail the Law Offices of Maite L. Diaz, P.A., to schedule a free initial consultation to discuss bankruptcy and bankruptcy exemptions.

Law Offices of Maite L. Diaz, P.A., is a Florida bankruptcy law firm that focuses on clients and their needs. We take the time to listen, to educate and to watch out for our clients' rights as they proceed through Chapter 7 or Chapter 13 bankruptcy.

Both Florida and federal bankruptcy laws allow most bankruptcy filers to keep many assets. The government does not want you to lose the ability to support yourself after bankruptcy. Among the assets that you will be able to keep when you file bankruptcy in Florida are the following:

  • Up to 100% of the Equity in your homestead
  • Pensions and Retirement Accounts such as 401K's, IRA's
  • Florida Pre-paid College Fund Accounts and 529 Plans
  • Up to $1000 equity in your car
  • Up to $4000 in personal property
  • Social Security Benefits

An experienced bankruptcy lawyer is the best source of information tailored to your specific situation. Contact a Florida bankruptcy attorney at the Law Offices of Maite L. Diaz, P.A., to schedule a free initial consultation about bankruptcy and what can be kept in a Florida bankruptcy. Se habla Español.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.