Exempt Property

Western Kentucky Property Exemption Lawyers

One of the aspects of bankruptcy that people fear most is losing assets. However, there are exemptions that may allow you to keep some — if not all — of your personal assets. The experienced bankruptcy attorneys at Hopson & Parris will help you understand exemptions, and work to help you keep the things that are important to you.

Oak Grove Bankruptcy Exemption Attorneys

Items that are considered exempt property may include:

  • Household items, including appliances
  • Clothing
  • Cars
  • Furniture
  • Pensions

Most people do not have more property than the law allows them to keep; therefore, it is rare for people to lose property in bankruptcy. If you own an item that is uniquely valuable, such as an antique, a collection or separate parcels of land, you may be in danger of losing that asset. In this case, our lawyers will consider reorganization to prevent the loss of that asset.

The law gives people facing bankruptcy a great deal of flexibility with regard to what they can keep. Kentucky law is particularly generous in this aspect. If you are concerned about losing your assets, our attorneys will work closely with you to help you understand the law and alleviate your fears.

Contact Hopson & Parris

Bankruptcy can allow you to discharge your debts while keeping most of your personal belongings. Learn more by scheduling a free initial consultation with our western Kentucky property exemption attorneys. Contact our office at 270-522-3488 (Cadiz) or 270-885-2730 (Hopkinsville) today.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.