Which stateвЂ™s exemption laws apply in your bankruptcy? If you need legal assistance, consult an attorney. The information is not a substitute for the advice of a qualified bankruptcy attorney. Please remember that this page provides general information only, and is not intended to provide legal advice. View the complete list of Colorado bankruptcy exemptions $1,500 exemption for clothing $1,000 exemption for jewelry and $3,000 exemption for household goods used by the debtor or the debtorвЂ™s dependents. One or more motor vehicles or bicycles in the aggregate value of $3,000 may be protected ($6,000 if the debtor is elderly or disabled). Up to $45,000 in equity of houses, mobile homes, manufactured homes, trailers, and trailer coaches occupied by the owner may be protected. In general, the major Colorado bankruptcy exemptions include: GENERAL COLORADO EXEMPTIONS Certain exceptions may apply, so itвЂ™s wise to consult with a Colorado bankruptcy attorney to find which of your assets will be protected in a bankruptcy filed in Colorado. In a Chapter 13 bankruptcy, you are generally allowed to keep all of your assets and property. What are the Colorado Bankruptcy Exemptions?Д¬olorado law protects all or a portion of your property from being seized by creditors or the bankruptcy trustee in a Chapter 7 bankruptcy.

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