West Virginia Bankruptcy Exemptions Attorney

Many people are afraid to file bankruptcy because they think they will lose all of their assets. In reality, most people who file bankruptcy lose nothing but their debts.

At Hamilton, Burgess, Young & Pollard, P.L.L.C., in Fayetteville, West Virginia, our lawyers have a deep understanding of the benefits of bankruptcy. With more than 100 years of combined experience, our attorneys have helped many people protect assets such as homes, cars and retirement savings.

If you are being hounded by debt collectors, filing bankruptcy may be the best way to protect your assets and secure the fresh start you deserve.

You're David. They're Goliath. We're The Slingshot.

When you file bankruptcy, many of your assets are protected by bankruptcy exemptions. When an asset is "exempt," creditors cannot take it to pay your debts.

Examples of exempt assets include:

  • Home equity up to a certain value
  • A car up to a certain value
  • Pensions, 401(k) and IRA accounts up to $1 million
  • Tools up to a certain value
  • Household belongings, such as furniture and appliances, up to a certain value
  • Jewelry up to a certain value
  • Cash up to a certain amount

Unless you own multiple homes, multiple cars or valuable collectibles, most or all of your assets will be protected. Our lawyers will review your assets and let you know if you have anything you risk losing. If you have assets you would lose by filing Chapter 7 bankruptcy, you can keep those assets and still obtain debt relief by filing Chapter 13 bankruptcy.

When you file bankruptcy in West Virginia, you can choose between our state's bankruptcy exemptions and those offered under federal law. Our lawyers will review your assets and help you choose the exemptions that offer you the best protection.

For More Information About Federal Bankruptcy Exemptions Vs. State Bankruptcy Exemptions

Turning to a highly skilled bankruptcy attorney can help you begin to take real action that actually attacks your financial problems while protecting your assets. To schedule a free initial consultation, call 304-574-2727 , toll free at 888-279-7919, or simply contact us online.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

This website contains legal information and is not intended to give legal advice or form an attorney-client relationship. Viewing this website does not create an attorney-client relationship with Hamilton, Burgess, Young & Pollard, P.L.L.C.