Colorado Bankruptcy Exemptions

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Bankruptcy Exemptions in Colorado

Colorado law requires the use of state, rather than federal, bankruptcy exemptions. Some of the major exemptions under Colorado law are listed below. However, the amounts listed may be higher if filing bankruptcy as a married couple. Please consult a bankruptcy attorney for more information on filing bankruptcy and declaring exemptions in Colorado.

Homestead (equity in dwelling used as residence)

Equity in Automobile

Personal property


Tools of the trade


Pensions and Retirement

Public benefits

Child Support


Do I Need a Bankruptcy Lawyer?

Due to the complicated nature of bankruptcy, it is a good idea to speak with a bankruptcy attorney before you file. Incomplete or inaccurate filings may result in seizure of exempt property, or in other financial losses. Therefore, it is important to consult with someone who is more familiar with local laws and the filing process.

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Last Modified: 12-15-2015 11:21 AM PST

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