Connecticut State Bankruptcy Exemptions
Laws That Keep Your Creditors' Hands Off Your Property
Exemptions are laws passed by every state that allow you to protect certain types of your property from your creditors when you file bankruptcy-such as your home, car, pensions and IRAs, motor vehicles, clothing, tools, and other important property. Connecticut law provides a number of exemptions that protect your property, and your Connecticut TotalBankruptcy.com attorney will be able to advise you on which exemptions are best for you.
Homestead
$75,000 exemption.
Wages
75 percent of disposable earnings are exempt.
Automobiles
$1,500 exemption for motor vehicle.
Other Property
100 percent exemption for the following property: necessary apparel, bedding, foodstuffs, household furniture and appliances; necessary tools, books, instruments, farm animals and livestock feed; wedding and engagement rings; and hearing aids.
» Read the complete Connecticut bankruptcy exemptions here.
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Please understand that this information is provided for illustration purposes only and is not legal advice. If you would like more information about exemptions, please call our 24-hour toll free hotline at 1 (877) 349-1309 or use our free online evaluation form to get started with your bankruptcy case today!
Note: Laws may have changed since our last update. For the latest information on your state’s bankruptcy laws, speak to a local bankruptcy lawyer.