Florida Bankruptcy Exemptions

Federal supplemental exemptions can be used in conjunction with your Florida exemptions and can be viewed here.

To find out how the exemptions apply in your specific situation you can schedule a free consultation with a local bankruptcy attorney.

ASSET	EXEMPTION DESCRIPTION	LAW SECTION
Homestead	Real or personal property including mobile or modular home to unlimited value; property cannot exceed � acre in municipality or 160 contiguous acres elsewhere; spouse or child or deceased owner may claim homestead exemption May file homestead declaration Property held as tenancy by the entirety may be exempt against debts owed by only one spouse	222.01, 222.02, 222.03, 222.05, Constitution 10-4 222.01 In re Avins, 19 B.R. 736 (S.D. Fla. 1982)
Insurance	Annuity contract proceeds; does not include lottery winnings Death benefits payable to a specific beneficiary, not the deceased�s estate Disability or illness benefits Fraternal benefit society benefits, if received before 10/1/96 Life insurance cash surrender value	222.14; In re Pizzi, 153 B.R. 357 (S.D. Fla. 1982) 222.13 222.18 632.619 222.14
Miscellaneous	Alimony, child support needed for support Damages to employees for injuries in hazardous occupations Pre-need funeral contract deposits Property of business partnership	222.201 769.05 497.413(8) 620.68
Pensions see also wages	County officers, employees ERISA-qualified benefits Firefighters Highway patrol officers Police officers State officers, employees Teachers	122.15 222.21(2) 175.241 321.22 185.25 121.131 238.15
Personal property	Any personal property to $1,000 (Husband & wife may double) Health aids Motor vehicle to $1000	Constitution 10-4; In re Hawkins, 51 B.R. 348 (S.D. Fla. 1985) 222.25 222.25
Public benefits	Crime victims� compensation unless seeking to discharge debt for treat of injury incurred during the crime Hazardous occupation injury recoveries Public assistance Social security Unemployment compensation Veterans� benefits Workers� compensation	960.14 769.05 222.201 222.201 222.201, 443.051(2), (3) 222.201, 744.626 440.22
Tools of trade	NONE
Wages	100$ of wages for heads of family up to $500 per week either unpaid or paid and deposited into bank account for up to 6 months Federal government employees pension payments needed for support and received 3 months prior	222.11 222.21
WILD CARD	SEE PERSONAL PROPERTY

More Information on Florida Bankruptcy Law

If you have a specific question about exemptions related to your situation you can schedule a free consultation with a local bankruptcy attorney.

You may also want to visit your federal bankruptcy
court web site: