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Nevada Bankruptcy Exemptions

What Exemptions are allowed when filing bankruptcy in Nevada?

Below is a list of some of the available Nevada bankruptcy exemptions. This list only identifies a small fraction of the exemptions available in Nevada 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 Nevada bankruptcy attorney in your area to have all the available exemptions explained to you. Only a Nevada bankruptcy attorney can properly list and explain all of the applicable exemptions offered in Nevada.

Nevada Bankruptcy Exemptions

Homestead
$350,000
Private libraries
$5,000
All family pictures keepsakes
$12,000
Farm trucks, farm stock, farm tools farm equipment, supplies and seed
$4,500
Money, not to exceed $500,000 in present value held in qualified retirement plans.
$500,000
Motor Vehicle
$15,000
Tools of trade
$10,000

Nevada Bankruptcy Disclosures

Neither the state bar of Nevada nor any agency of the State Bar has certified any lawyer identified here as a specialist or as an expert. Anyone considering a lawyer should independently investigate the lawyer's credentials and ability.

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