 Colorado Bankruptcy Attorney
People facing personal bankruptcy may worry about losing all of their assets and property. While filing for Chapter 7 or Chapter 13 bankruptcy does sacrifice some savings, many items are exempt. At the Denver law offices of Edward Levy, P.C., we will explain bankruptcy exemptions to you and give you peace of mind for the future.
Title 13 of the U.S. Bankruptcy code lists many bankruptcy exemptions, including items and assets such as:
- Home equity
- Vehicles worth under a certain amount
- Personal household items, including furniture, libraries and jewelry
- Retirement and pension plans
- Livestock
If you are worried about losing your assets, contact Edward Levy, P.C. today. As skilled bankruptcy lawyers, we have handled many bankruptcy cases for clients throughout the state of Colorado. We are able to assist clients in choosing which bankruptcy option is best for them and in protecting their property and assets from creditors. If necessary, we will protect our clients' rights through bankruptcy litigation.
Bankruptcy Exemptions Limits
Bankruptcy exemptions give our clients hope as they struggle with debts. However, there are limits to these exemptions that vary with the property and whether you filed Chapter 7 or Chapter 13 bankruptcy. Houses, cars, and other assets worth over a certain amount are still subject to forfeiture to help pay creditors.
Edward Levy served clients as a CPA for more than 15 years. He has a thorough understanding of complex assets. He uses this knowledge and his experience as a bankruptcy lawyer to negotiate with creditors and help clients keep as much personal property as possible.
Contact Us
When you want to file personal bankruptcy, the law offices of Edward Levy, P.C. can help. We will review your debts and create a payment plan that allows you to keep your home, car, retirement funds and other personal property. Contact us today for more information.
|
