Automobile Exemptions

If you are struggling to manage your finances and are finding yourself repeatedly late or unable to make payments, you may be a suitable candidate for bankruptcy. While filing for bankruptcy does require certain sacrifices, it can offer a future free of debt. For some, the benefits far outweigh the drawbacks.

In the US, more than 1 million people file for personal bankruptcy each year. The attorneys at the law offices of the Law Office of David D. Kervin, Jr. understand how difficult it can be to work your way out of debt alone, which is why we offer a free consultation to discuss your options. Call 504-599-5906 to speak with a New Orleans bankruptcy attorney about you case.

Is Your Automobile Exempt?

Exemptions vary depending on the state in which you live. In many cases, debtors are allowed to exempt certain necessary possessions, such as their home or vehicle, from being seized by creditors. Depending on the worth of your vehicle, you may or may not qualify.

In Louisiana, if the value of your vehicle exceeds $3,225 you may need the assistance of an experienced New Orleans bankruptcy attorney to obtain an exemption by applying amounts from other areas, such as tools of the trade.

Contact Us

If you are considering filing for bankruptcy, or are already in the process, the New Orleans bankruptcy attorneys at the Law Office of David D. Kervin, Jr. can help. Our attorneys will look out for your best interest and assist you with paperwork and maneuvering around red tape. Call us at 504-599-5906 today for a free case evaluation with a professional.