What Can I Keep If I File Bankruptcy?

One thing that causes many people who are good candidates for bankruptcy to put off talking to a lawyer is the worrisome question: "What can I keep in bankruptcy?" More specifically, typical questions include:

  • "Can I keep my house?"
  • "Can I keep my car?"
  • "Can I keep my furniture, tools and family heirlooms?
  • "Can I keep tools I use to do my job?"

Perhaps because of old-fashioned stereotypes about bankruptcy, people worry about being kicked to the curb with only the clothes on their back and losing everything. In fact, most clients of Brian D. Williams, Attorney at Law, are able to keep most or all of their personal possessions after filing bankruptcy.

Bankruptcy Exemptions In Your Case According To State And Federal Laws

State and federal bankruptcy laws include provisions allowing for personal property exemptions that have to do with categories of things as well as dollar values of things. You may well be able to keep your home, your car, all your household goods and family heirlooms.

In an initial consultation with bankruptcy lawyer Brian D. Williams in Spring, Texas, you will gain an understanding about which will allow you to keep the most possessions: state or federal bankruptcy laws. For best results, bring a complete list of your debts and assets. Mr. Williams will analyze your situation, let you know what the law says and what steps you can take to protect important assets such as your car or house.

For More Information

Call 832-717-1717 or send an email message to request an initial consultation about debt relief, bankruptcy, bankruptcy exemptions and related issues.

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