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Colorado Exemptions Summary

Legal Helpers’ experienced bankruptcy lawyers are well versed in the specific application of the bankruptcy laws in the state of Colorado.



Every homestead in the state of Colorado occupied as a home by the owner thereof or his family is generally exempt from execution and attachment arising from any debt, contract, or civil obligation not exceeding the sum of $30,000.00

Wages
90% of earned but unpaid wages if your income is less than $7,500 per year

Personal property
The value of property exempt generally extends to the debtor and each dependent, and may include wearing apparel to the extent of $750.00 in value
Other
A creditor generally may not execute against monies that are set aside for child support payments so long as the payments are deposited into a custodian account in a bank



By devoting time to staying abreast to breaking developments in bankruptcy law and debt elimination as it applies to each legal jurisdiction, Legal Helpers can ensure that you will receive the most complete bankruptcy protection available based on your individual situation. Here are the complete Colorado bankruptcy exemptions.


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