Question: What am I allowed to keep if I file for Bankruptcy relief?
Answer: It depends on whether we utilize Federal of State statutes. The limits are as follows:
|
Statute |
Limit |
Claimed |
Available |
|
Alimony and child support |
0.00 | ||
|
Crime victim's compensation |
0.00 | ||
|
Disability, illness or unemployment benefits |
0.00 | ||
|
Govt. benefits: Soc. Sec., Unemployment, Pub. Assistance |
0.00 | ||
|
Health aids |
0.00 | ||
|
Household goods and furnishings |
10,775.00 |
0.00 |
10,775.00 |
|
Jewelry |
1,350.00 |
0.00 |
1,350.00 |
|
Life insurance payments needed for support |
0.00 | ||
|
Life insurance policy - unmatured |
0.00 | ||
|
Life insurance policy with loan value |
10,775.00 |
0.00 |
10,755.00 |
|
Loss earnings compensation payments |
0.00 | ||
|
Motor vehicle |
3,225.00 |
0.00 |
3,225.00 |
|
Pensions |
0.00 | ||
|
Personal injury compensation payments 11 U.S.C. 522(d)(11)(D) |
20,200.00 |
0.00 |
20,200.00 |
|
Real property-$8725 may be applied to personal prop. If not used |
20,200.00 |
0.00 |
20,200.00 |
|
Tenancy by the entirety-may not be allowed in some states |
0.00 | ||
|
Tools of trade-books and equipment |
2,025.00 |
0.00 |
2,025.00 |
|
Veterans' benefits |
0.00 | ||
|
Wildcard exemption-any property up to $925 plus up to $8725 of: |
11,200.00 |
0.00 |
11,200.00 |
|
Wrongful death payments |
0.00 | ||
|
75% of earned but unpaid wages |
0.00 | ||
|
Compensation for war injury |
0.00 | ||
|
ERISA benefits |
0.00 | ||
|
Federal civil service disability and death benefits |
0.00 | ||
|
Foreign service employees' annuities and severance pay benefit |
0.00 | ||
|
Medal of Honor Exemption-special pensions for persons on AM |
0.00 | ||
|
Military deposits in savings account while on duty outside U.S. |
0.00 | ||
|
Military Survivor Benefit Plan annuities |
0.00 | ||
|
Money accruing from lease/sale of lands held in trust for Indian |
0.00 | ||
|
Pension - CIA employees |
0.00 | ||
|
Pension - Civil service employees |
0.00 | ||
|
Pension - Social securities |
0.00 | ||
|
Pension, death and disability-harbor, lighthouse, longshore ben |
0.00 | ||
|
Railroad unemployment insurance |
0.00 | ||
|
Seamens' clothes |
0.00 | ||
|
Seamens' wages-exempt except for support |
0.00 | ||
|
Survivor's benefits-Judges, U.S. Court Directors, etc. |
0.00 | ||
|
Veteran's Benefits |
0.00 | ||
|
Veteran's Benefits, group life insurance, war compensation |
0.00 | ||
|
Account balance, right or interest in a "prepaid tuition program" or R.I. Gen Law 9-26-4(15) |
0.00 | ||
|
Body of deceased Personal Representative |
0.00 | ||
|
Body of a female-no exception where the debt does not exceed |
0.00 | ||
|
Burial plot |
0.00 | ||
|
Consumer co-op membership-$50 or minimum amount |
50.00 |
0.00 |
50.00 |
|
Debts secured by bills of exchange or negotiable notes |
0.00 | ||
|
Disability benefits |
0.00 | ||
|
Fraternal Benefit Society benefits |
0.00 | ||
|
Homestead estate exemption for principal residence |
300,000.00 |
0.00 |
300,000.00 |
|
Household furniture, clothing, and family stores of a housekeeper |
9,600 |
0.00 |
9,600.00 |
|
Interest in employees' trust |
0.00 | ||
|
Jewelry |
2,000.00 |
0.00 |
2,000.00 |
|
Motor vehicles |
12,000.00 |
0.00 |
12,000.00 |
|
Wild Card |
0.00 |
5,000.00 | |
|
Pay of militiaman |
0.00 | ||
|
Personal books |
300.00 |
0.00 |
300.00 |
|
Proceeds of accident and sickness insurance company R.I. Gen. Laws 27-4-11, 27-4-12 |
0.00 | ||
|
Public assistance |
0.00 | ||
|
Qualified Individual Retirement Account except court-ordered |
0.00 | ||
|
Qualified pension, profit-sharing or retirement account-except |
0.00 | ||
|
Real property of redevelopment agencies |
0.00 | ||
|
Retirement benefits - police and firemen |
0.00 | ||
|
Seaman's wages |
0.00 | ||
|
Specific partnership property |
0.00 | ||
|
Tenancies by the Entirety-certain circumstances |
0.00 | ||
|
Tools of trade; professional library |
1,500.00 |
0.00 |
1,500.00 |
|
Unemployment compensation |
0.00 | ||
|
Uniform Insurers Liquidation Act |
0.00 | ||
|
Wage of debtor previously on relief during past year |
0.00 | ||
|
Wages and salary of wife and minor children of debtor |
0.00 | ||
|
Wages and salary or any other debtor |
50.00 |
0.00 |
50.00 |
|
Wages payable from welfare director or public charity |
0.00 | ||
|
Wearing apparel |
0.00 | ||
|
Worker's compensation |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 | ||
|
11 U.S.C. 522(d)(10)(0) |
0.00 |
