Delaware Bankruptcy Exemptions
Only The State Exemptions are Allowed
Homestead |
$50,000 |
Wildcard- Estate property |
$25,000 |
Clothing and jewelry |
|
Wildcard - $500 of personal property if head of family |
$500 |
Vehicle necessary for employment |
$15,000 |
Tools of trade All tools/implements/fixtures necessary to carry on debtor's trade or business $15,000. $75 in New Castle and Sussex Counties; $50 in Kent County |
$15,000 |
NOTE: These are the major bankruptcy exemptions.
Check with your bankruptcy lawyer for a full exemptions list.
