Bankruptcy Exemptions in Alabama

What are Bankruptcy Exemptions?

Huntsville Bankruptcy | Crumbley-Blackwell & Associates, P.C.

When filing for bankruptcy, the government has created several exemptions which allow you to keep your personal belongings and property from seizure. The fact that you are in debt, and cannot repay the money owed, does not mean that you should be left with nothing and destitute.

If you find yourself in a situation which may require you to file for bankruptcy, please consult with an experienced and highly reputable Huntsville bankruptcy firm like Crumbley-Blackwell & Associates, P.C. to develop a strategy to save your property and belongings before it is too late. If you live in Huntsville, Decatur, Madison, Athens, or surrounding communities in North Alabama we are ready to help you relieve your debt and get your financial life back in order.

What can I keep in bankruptcy?

  • Your car
  • Your home
  • All of your appliances
  • Personal belongings - such as furniture, clothing, jewelry, etc.

Fortunately, the bankruptcy rules have forbidden the possibility of stripping consumers of all their worldly goods and belongings. Bankruptcy is a way for individuals to climb out from under their debt, and get a fresh start again. Loss of income, sickness, medical bills, and other unforeseen tragedies can cause great financial distress. Without the proper guidance and legal knowledge of an experienced bankruptcy attorney, you could be left with nothing.

Schedule a Consultation with a Bankruptcy Lawyer

Contact us today to schedule a consultation regarding your situation. We would be glad to answer all of your questions involving debt restructuring under Chapter 13 or the discharge of your debts under Chapter 7. Let us help you decide what the best options are for your financial situation. At times, debt settlement, rather than bankruptcy, may be the most advantageous strategy. Call (256) 539-4464 to schedule a consultation with one of our knowledgeable bankruptcy attorneys and get the peace of mind you deserve.

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The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship. While this firm maintains joint responsibility, most personal injury cases are referred to other attorneys for principle responsibility. Prior success is not an indication of future success. Every case is different and regardless of what friends, family or other individuals may say about a case, each case must be evaluated on its own facts and circumstances as they apply to the law. The likelihood of success in any given case depends on the facts, the jurisdiction, the venue, the witnesses, the parties and the testimony, among other factors. Furthermore, no representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers.

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