Tools/Understand bankruptcy property exemptions

Understand bankruptcy property exemptions

Compare your equity with exemption references, then confirm the rules with a lawyer.

Preset · Assessment0 of 3 answered
Which state do you live in?
Home equity

Property value minus loans secured by it. Enter 0 if none.

Vehicle equity

Vehicle value minus its loan. Enter 0 if none.

Your result

Answer the questions to see your result.

It updates as you go.

See if you qualifyGeneral information. A lawyer confirms the rules and your options.
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Illustrative image.
Prepare your records before the case review. This tool never collects contact details.

Your answers stay in this page and are not passed into the case intake. We collect no contact details in these tools.

How this tool works

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Illustrative image.

The result displays the existing state exemption references beside the equity you enter. It does not automatically decide which exemption system applies or whether your property is protected.

Using this tool

What does equity mean here?

Equity is property value minus the loans secured by that property. This tool displays the amounts you enter alongside the exemption references; it does not decide that the property is protected.

Can I combine every exemption listed?

No. Alternatives are shown for reference. An attorney must confirm which state or federal system you may use and which limits apply to the property.

Does my current address settle which rules apply?

No. Residence history and the domicile rule can affect the applicable exemptions. Review those facts and the current reference amounts with an attorney.