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Bankruptcy Exemptions – What Do I Keep When I File For Bankruptcy?

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Part of your research in deciding whether filing for bankruptcy is the best option for you is determining what you get to keep. That is usually everyone’s first question – “What do I get to keep?” You’ll want to know if you can keep your house, your automobile, pension and retirement funds, personal belongings, etc. The things you will be able to keep are considered exempt items. Some exemptions are governed on a Federal level and some exemptions are State-specific. However even with cases filed within the same state the exemptions may vary on a case to case basis. This page will provide you with more information regarding these exemptions.


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