Bankruptcy Exemptions

What are Bankruptcy Exemptions?

Huntsville Bankruptcy | Crumbley-Blackwell-Price Attorneys

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-Price Attorneys 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.

contact us about your case

Still have questions? Schedule a consultation with a lawyer from our team today by calling or completing an online form

CONTACTS
OR
ADDRESS
  • 2304 Memorial Pkwy SW, Huntsville, AL 35801
  • 217 Randolph Ave SE, Huntsville, AL 35801
  • 112 Market Street W., Athens, AL 35611
  • 427 2nd Avenue SW, Suite 102, Cullman, AL 35055
  • 3172 Cahaba Heights Rd, Birmingham, AL 35243

    find us

    Crumbley-Blackwell-Price Attorneys

    Athens office

    Address: 112 Market Street W., Athens, AL 35611
    Phone (English): (256) 539-4464
    Google map: https://goo.gl/maps/zbu296X2SNZUi6Tr6

    Huntsville

    Address: 217 Randolph Ave SE, Huntsville, AL 35801
    Phone (English): (256) 539-4464
    Google map: https://goo.gl/maps/Li7ndJFe9u7amwQx7

    Huntsville

    Address: 2304 Memorial Pkwy SW, Huntsville, AL 35801
    Phone (English): (256) 539-4464
    Google map: https://goo.gl/maps/JrumnQm5GT4rj4j97

    Cullman

    Address: 427 2nd Avenue SW, Suite 102, Cullman, AL 35055
    Phone (English): (256) 539-4464
    Google map: https://goo.gl/maps/NLDEo3KUFMoLawMA8