Rhode Island Bankruptcy Exemptions
What Exemptions are allowed when filing bankruptcy in Rhode Island?
Below is a list of some of the available Rhode Island bankruptcy exemptions . This list only identifies a small fraction of the exemptions available in Rhode Island 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 Rhode Island bankruptcy attorney in your area to have all the available exemptions explained to you. Only a Rhode Island bankruptcy attorney can properly list and explain all of the applicable exemptions offered in Rhode Island.
Rhode Island Bankruptcy Exemptions
Homestead |
$200,000 |
Working tools of a debtor |
$1,200 |
Household furniture and family stores |
$8,600 |
Jewelry |
$1,000 |
Motor vehicle |
$10,000 |
Rhode Island Bankruptcy Disclosures
The Rhode Island Supreme Court licenses all lawyers in the general practice of law. The court does not license or certify any lawyer as an expert or specialist in any field of practice
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