Bankruptcy Exemptions

Bankruptcy Attorney Serving Orlando area for Over 28 Years

Our experienced bankruptcy team at Richard A. Heller, P.A. knows bankruptcy law backward, forward, and sideways. Whether it is a consumer bankruptcy or business Chapter 7 you wish to file, your reasons for filing, or the financial difficulties you may be experiencing, we are here to help you find and work toward a positive outcome. Don’t wait to get the help you need and don’t hesitate to call.

We’re ready to roll up our sleeves and get to work on your bankruptcy issue. Call (407) 501-4052 today to consult with an attorney in our Winter Park office.

What You Can Expect to Lose in a Florida Bankruptcy

Whether you file for bankruptcy under Chapter 7 or Chapter 13, there are some important assets and possessions, such as your car, house, retirement accounts, etc., which often can be protected, but some that may be lost. There are many exemptions under Florida and Federal exemption laws to protect your assets, if you know where to look. It is highly unlikely that bankruptcy will leave you with nothing, and in fact, most clients at Richard A. Heller, P.A. lose none of their assets. The purpose of bankruptcy is to help you get a fresh start, whether by quickly discharging your debts, or coming up with a plan to repay what you can.

Bankruptcy Exemptions in Florida

Don’t say goodbye to your retirement savings or your home just yet. Depending on your specific case, some of your assets may be exempt from liquidation or sale, such as:

  • Houses
  • Savings and retirement funds
  • Pensions
  • Wages, tips, bonuses, etc.
  • VA benefits
  • Workers’ comp benefits
  • Valuable personal assets
  • Motor vehicles

Let a bankruptcy attorney at Richard A. Heller, P.A. explain in plain language, what exemptions apply to your case. Whether or not it is possible to keep certain assets depends on your unique legal and financial circumstances. If possible, it may be in your best interest to fight to keep your car. However, you should consult with an experienced bankruptcy lawyer in order to determine the best course of action going forward.

We are ready to hear from you and ready to help. Contact us to get your free consultation on the calendar today.

CONTACT RICHARD A. HELLER, P.A. TODAY

Put Our Experience & Track Record Of Success In Your Corner

Reach Out To A Professional