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What Personal Property and Assets will I be Allowed to Keep?

Florida and federal bankruptcy laws allow most debtors to keep many of their assets including Social Security, Pensions and Retirement Accounts (401K, IRA), Pre-paid College Funds and 529 Plans, up to 100% of the equity in your Homestead, up to $1000 equity in your automobile, $1000 in personal property (up to $4000 in personal property if you do not receive the benefit of Homestead Exemption).