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South Carolina Bankruptcy Exemptions
What Exemptions are allowed when filing bankruptcy in South Carolina?
Below is a list of some of the available South Carolina bankruptcy exemptions . This list only identifies a small fraction of the exemptions available in South 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 South Carolina bankruptcy attorney in your area to have all the available exemptions explained to you. Only a South Carolina bankruptcy attorney can properly list and explain all of the applicable exemptions offered in South Carolina.
South Carolina Bankruptcy Exemptions
Homestead |
$5,000 |
Cash and liquid assets in lieu of homestead |
$1,000 |
Household furnishings and goods |
$2,500 |
Jewelry |
$500.00 |
Health aids |
no limit |
Motor vehicle |
$1,200 |
Tools of Trade |
$750.00 |
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