Hartford, CT Chapter 7 Bankruptcy Lawyers
Legal solutions to keeping your assets
Connecticut has very liberal exemptions. You have the option to claim either state or federal exemptions. In the vast majority of cases you will not lose any assets. Exemptions are available for:
- Automobiles
- Household furniture
- Tools of the trade (unlimited exemption)
- Wedding and engagement rings and other jewelry
- Cash-value life insurance policies and unmatured life insurance
- All veteran's benefits
- All unemployment and workers' compensation benefits
- All public assistance
- Disability payments
- All required health aids, such as wheelchairs, CPAP machines and respirators
- A "wildcard exemption" of up to $11,750 to protect assets such as cash, bank deposits and miscellaneous assets
This is just a partial list of the assets you may be able to retain when filing for Chapter 7. At the Hartford, Connecticut Law Offices of Ronald I. Chorches, our experienced bankruptcy attorneys make sure that you take advantage of all exemptions made available to you by the federal or state government.
Our Hartford, Connecticut Chapter 7 bankruptcy lawyers are ready to help
For a free, confidential consultation about keeping your assets through Chapter 7 bankruptcy, please contact us online or call the Law Offices of Ronald I. Chorches at 860-563-3955.