West Virginia Bankruptcy Exemptions
What Exemptions are allowed when filing bankruptcy in West Virginia?
Below is a list of some of the available West Virginia bankruptcy exemptions . This list only identifies a small fraction of the exemptions available in West Virginia 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 West Virginia bankruptcy attorney in your area to have all the available exemptions explained to you. Only a West Virginia bankruptcy attorney can properly list and explain all of the applicable exemptions offered in West Virginia.
West Virginia Bankruptcy Exemptions
The homestead of debtor, his spouse, parent or other head of a household |
$25,000 |
Personal property |
$1,000 |
Household furnishings, goods wearing apparel, appliances, books, animals, crops or musical instruments |
$800.00 |
Jewelry held primarily for personal, family or household use |
$1,000 |
Any property not to exceed $800 in value |
$800.00 |
Professionally prescribed health aids for the debtor |
no limit |
Motor vehicle |
$2,400 |
Tools of trade |
$1,500 |
Share this article with a friend
Follow @BestBankruptcy Tweet