Homestead |
$550,000 |
Private libraries |
$5,000 |
All family pictures and keepsake, necessary household goods and yard equipment |
$12,000 |
Farm trucks, farm stock, farm tools, farm equipment, supplies and seed |
$4,500 |
The cabin or dwelling of a miner or prospector, his cars, implements and appliances necessary for carrying on any mining operations and his mining claim actually worked by the debtor |
$4,500 |
Money, not to exceed $500,000 in present value held in qualified retirement plans, employee pension plan or profit sharing plans |
$500,000 |
Motor vehicle |
$15,000 |
Any prosthesis or equipment prescribed by a physician or dentist |
|
Tools of trade |
$10,000 |
NOTE: These are the major bankruptcy exemptions.
Check with your bankruptcy lawyer for a full exemptions list.