When filing bankruptcy, debtors are allowed to keep certain assets (depending on the state). The following are the major bankruptcy exemptions for Colorado. Check with a qualified bankruptcy attorney for a full list of exemptions.
| Homestead – Real property up to $60,000. If a dependent, spouse, or owner over 60 years of age is disabled, $90,000. | $60,000 / $90,000 |
| Farm machinery, tools, and livestock | $50,000 |
| Household goods | $3,000 |
| Jewelry and watches | $2,000 |
| Equity in motor vehicle or bicycle ($10k if elderly or disabled) | $5,000 / $10,000 |
| Personal books, family photos | $1,500 |
| Professional library | $3,000 |
| Tools of trade | $20,000 |
| Wearing apparel | $1,500 |
| Pension Plans | Exempt |
| Education Funds | Exempt |
| **Contact a Qualified Attorney for additional information |
