Under the federal bankruptcy laws, each state is allowed to choose which type of exemptions will be available to those who file for bankruptcy in its state. Generally the choice is between allowing the use of the federal bankruptcy exemptions and the state's own bankruptcy exemptions.
"Disposable earnings," such as wages, earned by the head of a family are exempt from creditors in Florida. This exemption includes protection from garnishment.
When a person files for chapter 7 bankruptcy relief in Florida, he is allowed to exempt certain property from his bankruptcy estate. Exempt property generally means property that a person is allowed to keep free from liquidation by the chapter 7 bankruptcy trustee for distribution to creditors.
Florida Statutes section 440.02 provides for the exemption of worker's compensation claims. It provides for the exemption of "compensation or benefits due or payable" under Florida Statutes, Chapter 440.
Miami bankruptcy lawyer Jordan E. Bublick has over 25 years of experience in filing chapter 13 and chapter 7 bankruptcy cases. Office: 1221 Brickell Ave., 9th Fl., Miami, Florida. Tel.: (305) 891-4055. www.bublicklaw.com
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
Miami Personal Bankruptcy Lawyer Jordan E. Bublick has over 25 years of experience in filing chapter 13 and chapter 7 bankruptcy cases. His office is in Miami at 1221 Brickell Ave., 9th Fl., Miami and may be reached at (305) 891-4055. www.bublicklaw.com
In re Navarrete, Case No. 11-40956, SD TX 2012 In a recent case in the Houston Division of the U.S. Bankruptcy Court, Judge Letitia Paul ruled that a debtor could keep insurance money from a lawsuit settlement for damages to his home from Hurricane Ike.
