A Skilled Lawyer Who Understands Bankruptcy Exemptions
Some people fear that if they file for bankruptcy they will lose everything – their home, their cars, all their personal possessions and the antique dresser that Grandma gave them. That is not true. When you file for bankruptcy, you can keep some of your property, but not all of it.
Frances Hoit Hollinger, LLC, in Mobile, Alabama, is an experienced law firm that will explain what properties may be exempt in the bankruptcy process. With nearly 20 years of practicing law, attorney Frances H. Hollinger will guide you to the best of her abilities.
Knowledgeable Answers, Solid Results
Bankruptcy exemptions are properties that you can keep after you have filed, and Alabama lawmakers understand that you will not be able to get a fresh start and support yourself if certain properties are taken away.
Here is a list of properties exempt from bankruptcy, allowing you to protect it from creditors:
- The homestead, which entails as much as $15,500 in equity of property that may include the family home whether it be a home, condominium or mobile home
- Personal property, including vehicles, clothing, furniture, vehicles and tools from your profession
- Wages (up to 75 percent)
- Retirement accounts
- Public benefits
Ms. Hollinger and her team will provide simple explanations to your answers while completing a thorough review of your properties and legal options.
Call Now For Reliable Advice
Frances Hoit Hollinger, LLC, in Mobile, Alabama, will explain to you the properties that are exempt in the bankruptcy process. She and her team are experienced, knowledgeable and ready to advocate for you. To schedule a meeting, contact the office via this online form or call 251-432-8878.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.