The Exemptions Available in Florida Bankruptcy Laws
After helping more than 15,000 Miami and Dade County clients handle their Chapter 7 and Chapter 13 bankruptcies since 1996, one of the most frequent worries people have is that they will lose everything. At Kingcade & Garcia, our attorney understands these concerns, and helps people every day understand that there are numerous key exemptions in Florida bankruptcy laws that allow you to protect key property and assets during the bankruptcy process.
Bankruptcy is not designed to leave people with nothing from which to rebuild. It is designed to provide meaningful debt relief for people from all walks of life. Rather than being a destructive process that takes everything you own, it is meant to help you preserve a chance at a sound financial future.
What Can I Protect in the Bankruptcy Process?
Every individual's case will be different, but by working with an experienced lawyer who intimately understands the bankruptcy process you have many opportunities to protect your most important pieces of property. We know from experience that the biggest question people often have about bankruptcy is: What can I keep?
The answer varies from person to person. For some people, those filing under Chapter 7 liquidation or Chapter 13 reorganization, the answer in many cases is that you can keep almost everything. Depending on your case, your exemptions may include:
- Retirement accounts
- Personal property
- Veterans or workers' compensation benefits
When you rely on our office for your case, you get a legal partner that will guide you every step of the way through your bankruptcy. From the initial filing to rebuilding your credit after bankruptcy, we help you address all the issues that matter most to you. We help you identify the most important things in your life to protect and work to find exemptions that will help you reach those goals.
Talk to a Proven Professional
It costs nothing to take advantage of our free consultation and discuss your situation with a proven bankruptcy lawyer. Contact our professionals at Kingcade & Garcia online or by phone at 305-285-9100.