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North Carolina Bankruptcy Exemptions
What Exemptions are allowed when filing bankruptcy in North Carolina?
Below is a list of some of the available North Carolina bankruptcy exemptions . This list only identifies a small fraction of the exemptions available in North Carolina 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 North Carolina bankruptcy attorney in your area to have all the available exemptions explained to you. Only a North Carolina bankruptcy attorney can properly list and explain all of the applicable exemptions offered in North Carolina.
North Carolina Bankruptcy Exemptions
Homestead |
$18,500 |
Motor vehicle |
$3,500 |
Tools of trade |
$2,000 |
Household furnishings |
$5,000 |
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