Bankruptcy Law Questions? Ask a Bankruptcy Lawyer.
If I file jointly with my wife through bankruptcy in Colorado and only have one vehicle, can I double the vehicle exemption and receive a $10,000 vehicle exemption on the one vehicle vs. $5000 per individual and two cars? Thanks. Response: Yes. You each would claim $5,000.00 for a total of $10,000.00. See Colorado Revised Statutes Section 13-54-102(1)(j)(I).