Homestead - Cannot exceed 2 lots in a city or 160 acres elsewhere. Sale proceeds are exempt for 6 months |
$60,000 |
The immediate personal possessions of the debtor and his family |
|
Wearing apparels, household furniture and furnishings |
$2,500 |
Books or tools of trade or automobile up to an aggregate fair market value of two thousand four hundred dollars ($2,400.00). |
$2,400 |
Wild card - personal property |
$2,500 |
NOTE: These are the major bankruptcy exemptions.
Check with your bankruptcy lawyer for a full exemptions list.