Orlando Attorney Explains Florida Bankruptcy Exemptions
Some clients filing Bankruptcy fear they will lose all of their property and assets. In reality, through federal and state exemptions, my clients can keep much of their property, such as their home, car, personal property, retirement plans, and more.
Exemptions differ from State to State and there is also a Federal exemption scheme. One of my main roles as anOrlando bankruptcy attorney is to evaluate which set of exemptions applies to my client and then utilize those exemptions in such a way that allows my client to keep the property he wants to keep. This is particularly important in situations where my client recently moved to Florida from another state. An experienced Bankruptcy lawyer can analyze your situation and help decide which set of exemptions will offer you the most property protection and debt relief.