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Delaware Bankruptcy Exemptions
What Exemptions are allowed when filing bankruptcy in Delaware?
Below is a list of some of the available Delaware bankruptcy exemptions. This list only identifies a small fraction of the exemptions available in Delaware and there are many exemptions (such as retirement accounts, life insurance, and trade tools) that are not listed and may be beneficial to you. Talk to a qualified Delaware bankruptcy attorney in your area to have all the available exemptions explained to you. Only a Delaware bankruptcy attorney can properly list and explain all of the applicable exemptions offered in Delaware.
Delaware Bankruptcy Exemptions
Homestead |
$50,000 |
Wildcard- Estate property |
$25,000 |
Vehicle necessary for employment |
$15,000 |
Tools of Trade |
$15,000 |
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