In Colorado, the homestead exemption protects a portion of your home’s equity, preventing its sale in bankruptcy. If you or a family member live in the home, you can qualify for this exemption. 

In Colorado, a “dwelling” under the homestead exemption refers to a place where you live. This includes traditional homes and other types of residences such as mobile homes, farms, and even personal property used as a residence, including vehicles, sheds, tiny homes, and more. 

You can protect up to $250,000 of equity in your home or up to $350,000 for the elderly or people living with disabilities.