Skip to main content

Bankruptcy Attorneys Near Me

Exemptions determine what property you are allowed to keep when you file a Chapter 7 bankruptcy, and how much you pay to certain creditors in a Chapter 13 bankruptcy. The assets that you are allowed to keep in bankruptcy is determined by the state where you live. In general, if you are a resident of Alabama before filing you will use Alabama bankruptcy exemptions. If married and filing jointly, each spouse can claim the exemptions. Therefore, the exemptions are doubled. Below is an explanation of a few of the major protections under the Alabama exemptions.

Alabama Bankruptcy Exemptions – Section 6-10-2 through 6-10-6 protection

  • Homestead allows to protect $15,500 in equity in your home for a single person, $31,000 for families. Property can’t exceed 160 acres.
  • Wildcard – Up to $7,750 in any property you own. This includes jewelry, cars, clothing, books, family portraits, pictures, household furnishings, and appliances that are reasonably necessary.

Free Bankruptcy Consultations

If you have questions about bankruptcy exemptions in the State of Alabama, call Ferguson and Ferguson now for your free consultation. Call 256-534-3435 or 256-350-7200 now. We understand exemptions and are here to help you through this difficult time.

Huntsville Office Location:
303 Williams Avenue SW
Suite 321
Huntsville, AL 35801

Decatur Office Location:
211 Oak Street NE
Decatur, AL 35601

You cannot get any better than Jackie.

“You cannot get any better than Jackie. Completely professional, fair, understanding and trustworthy. We were facing an almost impossible situation but with Jackie’s tenacity and God’s grace it all turned in our favor. I highly recommend Jackie Ferguson Graham.”

- Shane

Very professional and courteous.

“Very professional and courteous. They kept me informed and walked things through step by step. Took care of my case in a timely manner as well. I’m very pleased.”

- Joshua

He is nothing but the best.

“Randy took good care of our son in his case. He is nothing but the best. If You ever need someone who you can count on to do his best for you, he is the one to pick. Thank You for your fine job!”

- Steph

I would highly recommend working with this firm.

“I can’t say enough good about working with Ms. Jackie Graham Ferguson. She was very professional, personable, and seemed to really care. Her knowledge within her field of expertise, coupled with her years of experience, are evident from the first minute you begin talking to her. I would highly recommend working with this firm. A+++++”

- Michael Matthews

She always made herself available.

“Mrs. Ferguson is a outstanding , knowledgeable, and honest attorney. She was there when my family was at its lowest and has never wavered. She always made herself available. She was dedicated to our case and worked hard. I would recommend Jackie with out hesitation for any legal matters. My family will always turn to her, and will be as dedicated to her as she was to us.”

- Joseph Morgan
Request Free Consultation

Send Us a Message

Attorneys available 24/7 to answer your legal questions.

Send a Message

Call our office today At

(256) – 534 – 3435

We Will Be Able To Answer Any Questions You Have

Call Us Today