Your Macey & Aleman Lexington bankruptcy lawyer can help protect your equity in personal property.

Your Macey & Aleman Lexington bankruptcy lawyer can and will use Kentucky state law to protect equity in your personal property. Through state legal exemptions, he can not only protect up to $10,000 in your home but also gain an exemption if you sold your home within one year prior to the filing. This is just one area of exemptions that you can discuss with your Lexington bankruptcy lawyer during your free consultation visit.

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Learn more about Kentucky exemptions from a Lexington bankruptcy lawyer

Your Macey & Aleman Lexington bankruptcy lawyer can also use the Kentucky Motor Vehicle Exemption. This exemption can protect $2,500 in value of any one motor vehicle listed in your bankruptcy. Additionally, if you file with a spouse your Lexington bankruptcy lawyer can use both vehicle exemptions to protect up to $5,000 in vehicle equity as long as both you and your spouse are on the title to the car.

Your Kentucky bankruptcy lawyer will most likely also use the Clothing, Textbooks, Bible, Family Pictures Bankruptcy Exemption to protect 100% of your interest in various personal items such as your clothing and personal heirlooms.

Kentucky bankruptcy exemptions cover a wide range of assets.

Under the Life Insurance Proceeds Exemption a Macey & Aleman bankruptcy lawyer can protect a payment under a life insurance contract that insured the life of an individual of whom you were a dependent, to the extent reasonably necessary for your support or the support of your dependent(s).

A Macey & Aleman lawyer can prevent creditors from touching the proceeds of your hard-earned retirement funds with the Qualified Retirement Plan Exemption. We can protect anything from stock bonuses, pensions, profit sharing plans and annuities as long as your savings are in a qualified retirement plan.

Macey & Aleman can also protect 100% of the compensation you receive under Kentucky workers' compensation laws. Macey & Aleman can protect both 100% of your wages and 100% of the award you receive to compensate you for any permanent disability. In Kentucky, workers' compensation cases are 100% exempt. If you are injured while working then that is money you deserve and creditors will be prevented from reaching those funds.

With the Tools of the Trade, Professional Books Exemption, we can protect up to $750 of the tools you use in your profession. For example, shears, scissors and combs are the tools of a hairdresser, as are wrenches and hammers for a mechanic and carpenter.

The last but probably the most important of the exemptions is the Wildcard Exemption. Using the Wildcard Exemption in your case, Macey & Aleman can protect up to $1,000 of any type of personal property in addition to the above exemptions.

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We will always give you an estimate, free of charge, before we begin. Unlike other firms, we offer you a choice of payment options and allow you to pay through a flexible payment plan. We have helped over 40,000 clients eliminate over $500,000,000.