Washington Bankruptcy
Overwhelmed by debt? Chapter 7 bankruptcy may be able to help you eliminate that debt and silence your creditors. Talk to a local Washington bankruptcy attorney today about your options.
We’ll connect you to a Washington bankruptcy lawyer today—for free and with no obligation. All you have to do is plug in your ZIP code below and get started.
Filing Chapter 7 Bankruptcy in Washington
If you’re living in Washington and worried about your finances, you may be interested in learning more about how Chapter 7 bankruptcy can help you.
Filing for bankruptcy is a major decision, which is why it’s important to learn all you can about Chapter 7 bankruptcy in Washington before you move forward.
This page is designed to help you do just that. You can take a few minutes to get some basic information about how Chapter 7 bankruptcy works and then you can speak with a Washington bankruptcy lawyer.
Simply complete the above free form and we’ll connect you with a Washington bankruptcy attorney practicing in your area.
Washington Bankruptcy Laws
One part of Chapter 7 bankruptcy is the liquidation sale. During a Chapter 7 case, the bankruptcy trustee can sell some of a debtor’s belongings to use the money raised to pay off creditors.
But don’t worry–a lot of property is protected from liquidation by Washington bankruptcy law.
In fact, most Chapter 7 bankruptcy filers are allowed to keep all of their property.
Washington Bankruptcy Exemptions
The following property is considered exempt under Washington bankruptcy law:
Homestead:
- Up to $125,000 worth of land, mobile homes and improvements.
- Or, up to $15,000 of other personal property.
Wages: 75 percent of your disposable income.
Vehicle:
- One motor vehicle worth up to $2,500 for a single adult.
- For a married couple, up to $5,000 worth of multiple vehicles.
Personal Property:
- Up to $1,000 worth of clothing and jewelry.
- Up to $1,500 worth of private libraries.
- 100 percent of family picture and keepsakes.
- For single adults, up to $2,700 worth of household good, appliances, furniture, home/yard equipment.
- For married couples, up to $5,400 worth of household good, appliances, furniture, home/yard equipment.
- Up to $2,000 of miscellaneous personal property, of which no more than $200 can be cash and no more than $200 can be bank accounts or other securities.
Talk to a Washington Chapter 7 Bankruptcy Attorney
Whether you’re ready to begin the bankruptcy process or you’d like some help interpreting Washington bankruptcy law, you may benefit from speaking with a Washington bankruptcy lawyer.
Connecting with a Washington bankruptcy lawyer is easy. Simply fill out the above free form or call us at 877-226-6844. We’ll take it from there and get you in touch with a local bankruptcy lawyer as soon as possible.
Make the first move and contact us today.
Note: Keep in mind all laws are complex. If you need legal advice or want to fully understand how these laws affect you, please speak with a local attorney.
Laws may have changed since our last update. For the latest information on your state’s bankruptcy laws, speak to a local bankruptcy lawyer.