Assets Protected in Chapter 7 Bankruptcy
Watch this video to learn about the assets protected in chapter 7 bankruptcy in Florida. Then call Perenich the Law Firm for a free legal consultation.
Are any of my assets protected in chapter 7 bankruptcy?
I get the question once in a while, “What assets are protected in bankruptcy, in particular Chapter 7?” The answer is that certain assets are exempt. Every state has different laws about which assets are exempt and which are not. Typically, here in Florida, a person’s home is 100% exempt. They’re also entitled to a certain amount of equity in a motor vehicle or a value of personal items that they may own.
The best solution is to sit down for a free consultation so we can go over your finances carefully to determine which assets that you own would be fully protected or at least partially protected in a bankruptcy. It involves a very careful detailed analysis that we provide at every free consultation. We’ve been representing Chapter 7 clients throughout the state of Florida, and I am happy to help.
Are you or a loved one unable to pay your debts and have questions about assets protected in Chapter 7 bankruptcy? Contact our experienced Clearwater Bankruptcy Lawyers at Perenich Law Injury Attorneys today for a free consultation and case evaluation.
Our Florida law firm helps those struggling with debt see the light at the end of a dark tunnel. Let us navigate it for you.
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