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Washington Bankruptcy Exemptions

What Exemptions are allowed when filing bankruptcy in Washington?

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

Washington Bankruptcy Exemptions

Homestead
$40,000
Wearing apparel
$1,000
Furs, family, jewelry, and personal ornaments
$1,500
Family pictures and keepsakes
$1,500
Household goods, appliances, furniture, and home yard equipment
$2,700
Other personal property
$2,000
Motor vehicle
$2,500
Cash or bank accounts
$100.00
Two motor vehicles, farmer's equipment and tools
$5,000
Professional library, office furniture office equipment and supplies
$5,000
Tools of trade
$5,000

Washington Bankruptcy Disclosures

The Supreme Court of Washington does not recognize certification of specialties in the practice of law. Any certificate, award, or recognition by a group, organization or association used by a Washington attorney to describe his or her qualifications as a lawyer or qualifications in any subspecialty of law is not a requirement to practice law in the State of Washington.

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