There are several categories of income and property exempt from bankruptcy. These include:

  • Vehicles, to a value limit
  • Reasonably necessary property, such as furniture, clothing, and appliances
  • Tools necessary to the debtor's profession, to a value limit
  • Jewelry, to a value limit
  • Benefit payments, such as welfare, Social Security, and unemployment payments
  • Damages awarded by a court


Monday, May 27, 2024

Contact Us Today!