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Colorado Bankruptcy Exemptions

What Exemptions are allowed when filing bankruptcy in Colorado?

Below is a list of some of the available Colorado bankruptcy exemptions. This list only identifies a small fraction of the exemptions available in Colorado and there are many exemptions (such as retirement accounts, life insurance, and trade tools) that are not listed and may be beneficial to you. Talk to a qualified Colorado bankruptcy attorney in your area to have all the available exemptions explained to you. Only a Colorado bankruptcy attorney can properly list and explain all of the applicable exemptions offered in Colorado.

 

Colorado Bankruptcy Exemptions

Homestead
$45,000
Farm machinery, tools, livestock
$25,000
Household goods
$3,000
Jewelry and watches
$1,000
Cash surrender value of an insurance policy
$25,500
Motor Vehicle
$3,000
Personal books, family pictures
$1,500
Professional library
$3,000
Tools of Trade
$10,000
Wearing apparel
$1,500

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