The Law Offices of Ken McCartney P.C.
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The Law Offices of Ken McCartney P.C.
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| The following list is a general description of available exemptions to a
resident of the State of Colorado from creditor's claims. These same
exemptions can be employed to remove property from a bankruptcy estate.
The exact statutory language that creates these rights may be critical. To
see the the statutes, go to our resource page
and follow through to the citation. 
CRS § 7-47-106 Property of "cemetery companies" CRS § 7-60-125(c) Specific partnership property 100% CRS §§ 8-42-124(1), 8-52-107 Workmen's compensation-100% CRS § 8-80-103 Unemployment compensation-100% CRS § 10-7-205 Group insurance -100% CRS §§ 10-14-403, 10-14-122 Fraternal benefit society benefits-100% CRS § 10-16-212 Insurance proceeds-sickness/accident:$200/month CRS § 13-54-102(1)(a) Wearing apparel $1,500 $3,000 CRS § 13-54-102(1)(b) Jewelry and watches $1,000 -$2,000 CRS § 13-54-102(1)(c) Personal books and family pictures $1,500-$3,000 CRS § 13-54-102(1)(d) Burial sites: 1 site or space for debtor and each dependent CRS § 13-54-102(1)(e) Household goods $3,000-$6,000 CRS § 13-54-102(1)(f) Provisions and fuel $600-$1,200 CRS § 13-54-102(1)(g) Farm/ranch machinery, tools, livestock and poultry $25,000 CRS § 13-54-102(1)(h) Pension - armed forces-100% except support CRS § 13-54-102(1)(i) Tools of trade; stock in trade $10,000 CRS § 13-54-102(1)(j)(I) Automobiles, bicycles $3,000 CRS § 13-54-102(1)(j)(II) Automobiles of elderly or disabled $6,000 CRS § 13-54-102(1)(k) Professional library $3,000 CRS § 13-54-102(1)(o) Federal or state earned income tax credit refund-full amount CRS § 13-54-102(1)(I), 10-7-106 Life insurance or annuity $5,000 CRS § 13-54-102(1)(I)(A) Life insurance - cash or surrender value $5,000-$10,000 CRS § 13-54-102(1)(m) Insurance proceeds - loss of exempt property-extent of exemptions incident to property CRS § 38-41-201, 38-41-201.6, Homestead-real property, mobile home or trailer used as a residence $45,000 CRS § 13-54-102(1)(p) Health aids, professionally prescribed-100% CRS § 13-54-102(1)(q) Crime victims' reparation awards-100% CRS § 13-54-102(1)(r) Security and utility deposits-100% CRS § 13-54-102(1)(s) Pension/retirement benefits-100% except support CRS § 13-54-102.5, 13-54-102(4) Child support payments deposited into custodial account-100% CRS § 13-54-104(2)(a), 5-5-105 Disposable earnings-greater of 75% or 30 X federal minimum wage CRS § 22-64-120 Retirement benefits - Teachers-100% CRS § 24-4.1-114 Crime victims' compensation payments-100% CRS § 24-51-212 Retirement benefits - Public employees-state CRS § 24-52-102(4) Public employees - Deferred compensation-greater of 75% or 30 X federal minimum wage CRS § 24-54-111 Retirement benefits-employees of local governments-100% CRS § 26-2-131 Public assistance-100% CRS §§ 31-30-313, 616 Pension - police-100% CRS §§ 31-30-412, 518 Pension - firemen-100% CRS § 38-41-207 Homestead - Sale proceeds within 1 year, kept separately $30,000 CRS § 38-41-209 Insurance proceeds - loss of homestead; amount exempt same as sale  |