South Carolina Bankruptcy Exemptions
Only the State Exemptions are Allowed
Homestead (A cap of $106,750 per residence for multiple owners). |
$53,375 |
Cash and liquid assets in lieu of homestead |
$5,350 |
Household furnishings and goods clothing, appliances, books, animals, crops, musical instruments |
$4,275 |
Jewelry |
$1,075 |
Health aids |
No limit |
Motor vehicle |
$5,350 |
Tools of trade |
$1,600 |
NOTE: These are the major bankruptcy exemptions.
Check with your bankruptcy lawyer for a full exemptions list.
