• Miami: (305) 741-5553
  • Fort Myers: (239) 299-7833
  • Vero Beach: (772) 758-9888
Shmucher Law, PL
  • Attorneys
    • Ofer Shmucher
    • Shera Anderson
  • Practice Areas
    • Bankruptcy
      • Assignment for the Benefit of Creditors (ABC)
      • Business Bankruptcy
      • Chapter 7
      • Chapter 13
    • Debt Defense
      • Auto Deficiency Lawsuits
      • Bank Garnishment Defense
      • Credit Card Lawsuit
      • Debt Settlement
      • Junk Debt Buyer Lawsuits
      • Wage Garnishment Defense
  • FAQ
    • Bankruptcy
      • Info
        • Bankruptcy Myths
        • Bankruptcy Terms
        • Court Locations
        • Credit Counseling
        • Exemptions
        • Family Law
        • Fees & Costs
        • Filing for Bankruptcy
        • Florida Median Income
        • Forms
          • Required Documents
        • Immigration
        • Life After Bankruptcy
        • Means Test
      • Actions
        • Deficiency Judgments
        • Foreclosures
        • Repossessions
      • Debts
        • Credit Card Debt
        • Medical Bills
        • Student Loans
        • Tax Debts
      • Chapter 7 vs. Chapter 13
    • Debt Defense
      • Absolute Resolution
      • American Express
      • Asset Acceptance
      • Bank of America
      • CACH LLC
      • Capital One
      • Cascade Capital
      • Cavalry SPV
      • Chase Bank
      • Crown Asset Management
      • Jefferson Capital Systems
      • LVNV
      • Midland Funding
      • Portfolio Recovery
      • Second Round Sub
      • Surf Consultants
      • Velocity Investments
      • How to Look up Your Lawsuit
  • Offices
    • Fort Myers
    • Miami
    • Vero Beach
  • Blog
  • Contact Us
Select Page

I have a Health Savings Account (HSA) will I Lose it if I File for Bankruptcy in Florida?

by Ofer Shmucher | Jan 16, 2011 | Chapter 7 Bankruptcy, Uncategorized | 0 comments

In order to file for bankruptcy in south Florida you must fill out a bankruptcy petition where you list all of your assets and all of your debts.  Your assets can include vehicles, bank accounts, jewelry, furniture or any other personal possessions.  Your health savings account (HSA) is considered an asset as well.  When you file for chapter 7 bankruptcy in Florida you list all of your assets and you must exempt the assets in order to protect them.

Exempting an asset basically tells the court that you cannot take this asset to sell and use the money to pay for my debts.   Under Florida law any health savings account can be fully exempted which means that the entire account is protected in a bankruptcy filing.

If you are thinking of filing for bankruptcy in South Florida and would like to speak to a bankruptcy lawyer to determine if bankruptcy is right for you, then please contact Shmucher Law, PL.  We offer free consultations in offices in Boca Raton, Fort Lauderdale, Miami, Plantation, and Sunrise Florida.

Contact Us Today

    Practice Areas

    Bankruptcy
    Chapter 7
    Chapter 13
    Credit Card Lawsuits
    Debt Defense
    Debt Settlement

    Request A Free Consultation

    Shmucher Law, PL offers free and confidential consultations to individuals either thinking of filing for bankruptcy, facing a  lawsuit, or in need of a divorce or a family law lawyer in South Florida. We respond to all inquiries within one business day.

    Contact us today

    Miami

    20801 Biscayne Blvd
    Suite 403
    Miami, FL 33180

    Fort Myers

    9160 Forum Corporate Pkwy
    Suite 350
    Fort Myers, Florida 33905

    Vero Beach

    601 21st St
    Suite 300
    Vero Beach, Florida 33905

    Miami: (305) 741-5553

    Fort Myers: (239) 299-7833

    Vero Beach: (772) 758-9888

    Shmucher Law Logo - Blue

    The hiring of a lawyer is an important decision that should not be based solely upon advertisements. Before you decide, ask us to send you free written information about our qualifications and experience. We are a debt relief agency and we help people file for relief under the bankruptcy code. Shmucher Law’s practice is limited to the state of Florida.

    Home | About Us | Forms & Information | Miami Bankruptcy Blog | Contact us | Site Map | Privacy Policy