$30,000 in value for an individual and a combined exemption of $39,600 if two or more members of a household are debtors whose interests in the homestead are subject to execution. The homestead must be the actual abode of and occupied by the owner or the owner's spouse, parent or child. (ORS 18.395.) |
$30,000 |
|
$23,000 |
Books, pictures and musical instruments |
$600 |
Wearing apparel, jewelry and other personal items to the value of $1,800 for each spouse |
$1,800 |
Domestic animals and poultry kept for family use |
$1,000 |
Household goods, furniture, radios, a television set and utensils |
$3,000 |
Motor vehicle |
$2,150 |
Professionally prescribed health aids for the debtor or a dependent of the debtor |
|
Rifle or shotgun and one pistol |
$1,000 |
Tools of trade |
$3,000 |
NOTE: These are the major bankruptcy exemptions.
Check with your bankruptcy lawyer for a full exemptions list.