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Thrush & Rohr

4410 22nd St. NW
Canton, OH 44708

Phone: 330-479-9494

Business Hours:
Monday- Friday: 8 a.m.-5 p.m.

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Bankruptcy Exemptions

legal law services9Canton Bankruptcy Exemption Lawyers

Property Exemptions in Ohio

One of the biggest worries people have about bankruptcy is that they will lose their possessions. There are many misconceptions about bankruptcy, which have prevented people who stand to benefit greatly from bankruptcy from pursuing their rights.

At Thrush & Rohr in Canton, Ohio, we have more than 45 years of bankruptcy experience in the Canton area, and we have handled more than 10,000 cases. We will provide you with all the information you need about bankruptcy so you can feel comfortable with the process as we pursue the fresh start you need.

Instead of worrying about whether you will lose assets during bankruptcy, why not find out? To speak to a knowledgeable bankruptcy lawyer in a free consultation, contact us.

Bankruptcy Exemptions

In most cases, you will not lose your assets as a result of filing for bankruptcy. There are a number of assets that are exempted during bankruptcy, including:

  • Cars up to $3,675
  • All Retirement accounts(IRA’s 401(k)’s 403(b)’s etc.)
  • Pensions
  • $132,900 per person for a house
  • Household goods , furnishings, clothes up to $12250.00 per person
  • Personal injury lawsuits up to $22,000.00 per person
  • Jewelry up to $1,550.00 per person
  • Cash on hand up to $450.00 per person
  • Tools of trade up to $2325 per person
  • Wild card exemption to be placed on additional equity in a car or bank account etc. up to an additional $1225.00 per person

In addition, there are many more exemptions available to individuals and families during bankruptcy depending on which type of bankruptcy they file and other personal factors. We can help you take stock of your situation and determine what assets will be exempted and which assets may be at risk, allowing you to make an informed decision about how to proceed.

Debt Relief With Dignity — Free Consultations

We look forward to helping you get the fresh start you need. To speak to an experienced attorney about your bankruptcy options, contact us today.

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