March 23, 2018

What property can I keep in California?

Typically, property which can be kept and protected while in a bankruptcy includes your homestead, your vehicles, household furnishings and personal effects, jewelry, health aids, tools of the trade, life insurance, personal injury claims, retirement accounts and packages, bank accounts to a certain amount, and other types of miscellaneous property. The typical individual filing for bankruptcy is able to protect ALL of their property by using these protections. Each case is different and must be analyzed by an attorney.

I hope I have answered some of your questions. If you would like more information or wish to set up a free initial consultation with me, you may call one of our offices at the numbers noted above.