Law Offices of Ronald I. Chorces
  • call Us Today
    New Clients: 860-935-6391

    Existing Clients: 860-563-3955
  • Home
  • Services
    • Bankruptcy Law
      • Chapter 7 Bankruptcy
      • Chapter 11 Bankruptcy
      • Chapter 13 Bankruptcy
      • Small Business Bankruptcy
      • Bankruptcy and Divorce
      • Bankruptcy FAQs
    • Non-Bankruptcy Options
      • Debt Relief
      • Debt Consolidation
    • Debt Relief Solutions
      • Credit Card Debt Relief
      • Student Loan Debt Relief
      • Medical Debt Relief
    • Discharged Taxes
    • Asset Protection
    • Preventing Home Foreclosure
      • Loan Modifications
      • Mediation Process
      • Waiting Time To Buy
      • Keeping Appliances
      • Selling Home Before
  • Reviews
  • Our Attorneys
    • Ronald I. Chorches
    • Martin Chorches
    • Marjorie Gruszkiewicz
  • Consultation
  • Articles
  • Contact Us
Free Consultation

Chapter 7 Exemptions

Home / Bankruptcy Services / Bankruptcy Law / Chapter 7 Bankruptcy Services / Chapter 7 Exemptions

Keeping Your Assets Through Exemptions

If you’re considering bankruptcy, one of your main concerns is whether you can keep any of your assets. Luckily, Connecticut has very liberal chapter 7 bankruptcy exemptions. You have the option to claim exemptions at the state or federal level and in the vast majority of cases, your very important assets will be protected.

The following is a sample list of the assets you can save with bankruptcy exemptions:

  • Automobiles
  • Household furniture
  • Tools of the trade (unlimited exemption)
  • Wedding and engagement rings and other jewelry
  • Cash value life insurance policies and un-matured life insurance
  • All veterans benefits
  • All unemployment and workers’ compensation benefits
  • All public assistance
  • Disability payments
  • All required health aids, such as wheelchairs, CPAP machines and respirators
  • A “wild card exemption” of up to $11,750 to protect assets such as cash, bank deposits and miscellaneous assets

This is just a partial list of the assets you may be able to retain when filing for Chapter 7. At the Hartford, Connecticut, The Law Offices of Ronald I. Chorches, our experienced bankruptcy attorneys make sure that you take advantage of all exemptions made available to you by the federal or state government.

Get In Touch With Us

If you would like more information you can set up a free consultation with us to learn more about which assets and property are exempt in bankruptcy. You can also call us at 860-563-3955 to set up a call-back with one of our attorneys.

Contact Us Today

Get your free case review within 24 hours. All Fields Required.




    Client Review

    “My wife and I came into see Ronald Chorches during the COVID 19 pandemic. He was attentive to our needs, understanding, and determined to ensure that our family would be able to overcome this adversity. From my family to yours, THANK YOU RON!.”
    Alex K.
    Client Review

    Office Locations

    Wethersfield Office

    82 Wolcott Hill Rd., Wethersfield, CT 06109

    860-563-3955


    New Haven Office

    261 Bradley Street, Second Floor, New Haven, CT 06510

    203-494-1700


    Waterbury Office

    21 West Main Street, Waterbury, CT 06702

    203-494-1700


    Winsted Office

    487 North Main Street, Winsted, CT 06098

    860-379-5962

    Also Serving Bridgeport CT, Hartford CT, Manchester CT, and all of Connecticut

    Resources
    • Asset Protection Lawyer New Haven, CT
    • Asset Protection Lawyer Wethersfield, CT
    • Bankruptcy Lawyer Manchester, CT
    • Bankruptcy Lawyer Waterbury, CT
    • Chapter 7 Bankruptcy Lawyer Waterbury, CT
    • Foreclosure Defense Hartford, CT
    • Foreclosure Lawyer Waterbury, CT
    • Foreclosure Lawyer New Haven, CT
    • Mortgage Modification Lawyer New Haven, CT
    • Small Business Bankruptcy Lawyer New Haven, CT
    • Tax Debt Lawyer Hartford, CT
    • Foreclosure Lawyer Hartford, CT
    Contact Info

    New Clients: 860-935-6391
    Existing Clients: 860-563-3955
    Fax: 860-513-1577

    Our Attorneys
    • Ronald I. Chorches
    • Martin Chorches
    • Marjorie Gruszkiewicz
    Hours of Operations
    • Monday: 9:00am – 5:00pm
    • Tuesday: 9:00am – 5:00pm
    • Wednesday: 9:00am – 5:00pm
    • Thursday: 9:00am – 5:00pm
    • Friday: 9:00am – 5:00pm
    • Saturday: Closed
    • Sunday: Closed
    Contact Us




      • Home
      • Blog

      Copyright Chorches Bankruptcy Law © 2022. All Rights Reserved | Sitemap | SEO for Lawyers Powered by Matador Solutions

      • Home
      • Services
        • Bankruptcy Law
          • Chapter 7 Bankruptcy
          • Chapter 11 Bankruptcy
          • Chapter 13 Bankruptcy
          • Small Business Bankruptcy
          • Bankruptcy and Divorce
          • Bankruptcy FAQs
        • Non-Bankruptcy Options
          • Debt Relief
          • Debt Consolidation
        • Debt Relief Solutions
          • Credit Card Debt Relief
          • Student Loan Debt Relief
          • Medical Debt Relief
        • Discharged Taxes
        • Asset Protection
        • Preventing Home Foreclosure
          • Loan Modifications
          • Mediation Process
          • Waiting Time To Buy
          • Keeping Appliances
          • Selling Home Before
      • Reviews
      • Our Attorneys
        • Ronald I. Chorches
        • Martin Chorches
        • Marjorie Gruszkiewicz
      • Consultation
      • Articles
      • Contact Us