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Colorado Bankruptcy
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Colorado Bankruptcy Exemption
Homestead:
Up to $ 60,000 in case of owner and his/her family or $90,000 in case of disabled or elderly owner. Household Goods: Up to $ 3000 for the regular domestic goods. Wages: 75 % of the take home earnings or 30 times the federal minimum hourly wage per week, whichever is greater, which include disability, health, and accident insurance. Motor Vehicles: One or more automobile or bicycle but up to the extent of $ 3,000 (One or more motor vehicle for person either disabled or over 65 years of age or if has a spouse either disabled or is more than 65 years of age with the extent of $ 6,000). Jewelry: Ornaments and watches up to the extent of $ 1,000. Books & Stationery: Family portraits, personal collection of books, and school books. Fuel: Up to the extent of $ 600. Insurance: Surrender value of life insurance policies. But contributions made immediately before 2 years are not exempted. Professional Tools & Equipment Up to $ 10,000 for occupational instruments including trade related stocks. Cloths and Apparels: Up to $ 1,500 for apparels and dress materials. Agro-Farming and Husbandry: Up to $ 25,000 for relevant machinery and rearing animals. Total or Absolute Exemptions for:
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