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Idaho Bankruptcy Exemptions
What Exemptions are allowed when filing bankruptcy in Idaho?
Below is a list of some of the available Idaho bankruptcy exemptions. This list only identifies a small fraction of the exemptions available in Idaho 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 Idaho bankruptcy attorney in your area to have all the available exemptions explained to you. Only an Idaho bankruptcy attorney can properly list and explain all of the applicable exemptions offered in Idaho.
Idaho Bankruptcy Exemptions
Homestead |
$50,000 |
Properties that are subject to limited value |
$5,000 |
Jewelry |
$1,000 |
One firearm |
$500 |
Wild Card |
$3,000 |
Tools of trade |
$1,500 |
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