Click to Call or Text

Experienced Orlando Bankruptcy Attorneys Helping Clients Keep and Protect Their Assets

Recent Blogs

April 29, 2019

The Consumer Commission Announces Recommendations That Will Improve Borrowers’ Ability to Discharge Student Loan Debt in Bankruptcy

April 2, 2019

The Dangers of “Do It Yourself” Bankruptcy Software

March 26, 2019

10 Common Bankruptcy Myths – Disproved!

March 13, 2019

Personal Loan Debt Reported as the Fastest Growing Consumer Debt in 2018

March 13, 2019

Help for Seniors Struggling with Credit Card Debt

February 12, 2019

Nearly Half of All Florida Households Struggle to Make Ends Meet

February 7, 2019

Experian Offers a Way to “Instantly” Improve Your Credit Score

January 30, 2019

Understanding the Risks Associated with Debt Settlement

January 11, 2019

Attorney Walter Benenati Selected for Inclusion in Florida Super Lawyers 2019

January 11, 2019

Attorney Walter Benenati Appointed to the 2019 Central Florida Bankruptcy Law Association Board of Directors

The Law Offices of Walter F. Benenati can advise you as to which of your assets may be exempt or non-exempt under Florida bankruptcy law.

Florida’s bankruptcy exemptions are considered quite favorable to residents, and allow married couples filing jointly to each claim a full set of exemptions. Florida law allows an unlimited exemption in the value of your home or other property, as long as it is not larger than half an acre in a municipality or 160 acres elsewhere, and you owned the property for at least 1,215 days prior to filing the bankruptcy petition. Other categories of your valuable personal property that are exempt in a Florida Chapter 7 bankruptcy include:

  • Personal property up to $1,000
  • Education, health, and hurricane savings
  • Prescribed health aids
  • Up to $1,000 in motor vehicle equity, and more if you are married and filing jointly
  • Wages of a head of family up to $750 per week
  • A “wildcard” exemption of up to $4,000 in personal property if a homestead exemption is not claimed

Florida bankruptcy law also provides exemptions to help struggling individuals protect their retirement benefits, public benefits, alimony and child support, insurance policies and annuities, and personal injury damages, including the following:

  • IRAs and Roth IRAs up to $1,171,650
  • Benefits payable under the Florida Retirement System
  • State and county officers and employees retirement system benefits
  • Firefighter and municipal police pensions
  • Teachers’ retirement benefits
  • Workers’ compensation benefits
  • Crime victims’ compensation benefits

For a complete list of exempt and non-exempt assets in a Florida bankruptcy, call 407-BANKRUPT (407-777-7777) to get bankruptcy advice from the Law Offices of Walter F. Benenati, bankruptcy attorneys who have personal knowledge of Florida bankruptcy law and know what you’re going through.

Free Initial Consultation

In order to help you more quickly, please fill out the quick contact form. A representative of the firm will contact you to set up a FREE consultation.

We try to make our hours convenient for our hard-working clients by conducting FREE consultations on Saturdays (9-3) and during the week all the way to 5:00 p.m.

  • This field is for validation purposes and should be left unchanged.

Recent Blogs

April 29, 2019

The Consumer Commission Announces Recommendations That Will Improve Borrowers’ Ability to Discharge Student Loan Debt in Bankruptcy

April 2, 2019

The Dangers of “Do It Yourself” Bankruptcy Software

March 26, 2019

10 Common Bankruptcy Myths – Disproved!

March 13, 2019

Personal Loan Debt Reported as the Fastest Growing Consumer Debt in 2018

March 13, 2019

Help for Seniors Struggling with Credit Card Debt

February 12, 2019

Nearly Half of All Florida Households Struggle to Make Ends Meet

February 7, 2019

Experian Offers a Way to “Instantly” Improve Your Credit Score

January 30, 2019

Understanding the Risks Associated with Debt Settlement

January 11, 2019

Attorney Walter Benenati Selected for Inclusion in Florida Super Lawyers 2019

January 11, 2019

Attorney Walter Benenati Appointed to the 2019 Central Florida Bankruptcy Law Association Board of Directors