Bankruptcy Lawyer - Florida Bankruptcy Exemptions

Submitted by Anonymous (not verified) on Thu, 10/10/2013 - 02:31
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Bankruptcy Lawyer - Chapter 13 Bankruptcy Lawyer Jordan E. Bublick has an office in Miami and has over 25 years of experience in filing chapter 13 and chapter 7 bankruptcy cases. His office is located in Miami at 1221 Brickell Ave., 9th Fl., Miami and may be reached at (305) 891-4055. www.bublicklaw.com  


Florida Bankruptcy Exemptions

Florida law provides certain defined exemptions for property in the following categories:

Homestead - unlimited in value, l/2 acre in municipality, 160 acres outside municipality, Art. X, Section 4, Florida Constitution

Personal Property - to extent of $1,000, Art. X, Section 4, Florida Constitution and a further $4,000 in certain circumstances

Earnings of Head of Family - section 222.11(2)(a), Fla. Stat.

Motor Vehicles - to extent of $1,000, section 222.25, Fla. Stat.

Health Aides Professionally Prescribed - section 222.25, Fla. Stat.

Proceeds of Life Insurance on Florida Resident - section 222.13(1), Fla. Stat.

Cash Surrender Value of Life Insurance on Life of Florida Resident - section 222.14

Annuity Contracts - section 222.14, Fla. Stat.

Disability Income Benefits - section 222.18, Fla. Stat.

Workers' Compensation Benefits - section 444.22, Fla. Stat.

Qualified Tuition Programs, Prepaid College Trust Funds - section 222.22(1), Fla. Stat.

Health or Medical Savings Accounts - section 222.22(2), Fla. Stat.

Educational IRA - section 222.22(3), Fla. Stat.

Property Held as Tenants by Entireties for debts of only one spouseJordan E. Bublick is a Miami Personal Bankruptcy Lawyer with over 25 years of experience in filing chapter 13 and chapter 7 bankruptcies. Miami Personal Bankruptcy Lawyer Jordan E. Bublick has filed over 8,000 chapter 13 and chapter 7 cases.