Property Exemptions

If a creditor gets a judgment against you and tries to take your property or wages in order to get paid, you may be able to protect your property by using exemptions. All states have "exempted" certain types of property from collection, such as equity in a home or car, food, or basic living necessities. If you are in danger of losing property or wages to a creditor, it's important to understand what property might be exempt and how to claim that exemption. In addition, in some cases other laws protect your assets (for example, the anti-alientation clause in ERISA retirement accounts).

To learn more about when creditors can seize property and wages, see our area on Debt Collection: Repossession, Wage Garnishment, Liens, Levies, and More.

Get debt relief now. We've helped 205 clients find attorneys today.
First Name is required
Continue
First Name is required
Continue

More Legal Topics

Get Professional Help
Get debt relief now.
We've helped 205 clients find attorneys today.
There was a problem with the submission. Please refresh the page and try again
Full Name is required
Email is required
Please enter a valid Email
Phone Number is required
Please enter a valid Phone Number
Zip Code is required
Please add a valid Zip Code
Please enter a valid Case Description
Description is required

How It Works

  1. Briefly tell us about your case
  2. Provide your contact information
  3. Choose attorneys to contact you