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Tools of Trade Exemptions

Colorado Tools of Trade Exemptions

Most states allow an exemption for "tools of trade or profession"... this can include tools, books, even vehicles. Sometimes can be an alternative to the motor vehicle exemption.
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Colorado Homestead Exemption
 
Colorado Wage Garnishment

Updated: 2020-08-27 by

Colorado Tools of Trade Exemptions

Federal non-bankrupcty Tools of Trade Exemptions

US Bankruptcy Code § 522 (d) Tools of Trade Exemptions

The Federal Bankruptcy Exemptions are available to you if

  • you haven't lived in any state longer than 180 days for a while, or
  • if your state allows the Federal exemptions as a choice.

Does Colorado allow debtor the option of using the Federal Bankruptcy exemptions instead of state law exemptions?

No. Colo. Rev. Stat. § 13-54-107

 

Colorado Homestead Exemption
 
Colorado Wage Garnishment

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