Protection may depend on the type of disability benefits that you are receiving.
Social Security Disability and VA Disability are protected under Federal Law.
Colorado’s new Exemption Law is intended to protect disability that is not already protected.
Any claim for public or private disability benefits or proceeds thereof that is not already protected by law, is now protected up to $5,000 per month in Colorado. Amounts above $5,000 per month are subject to garnishment. If you purchased a private disability policy, this new law should help you protect your monthly benefits or proceeds.
You should consult with your attorney to make sure that you are protected.
