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Vermont Bankruptcy Exemptions
What Exemptions are allowed when filing bankruptcy in Vermont?
Below is a list of some of the available Vermont bankruptcy exemptions . This list only identifies a small fraction of the exemptions available in Vermont 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 Vermont bankruptcy attorney in your area to have all the available exemptions explained to you. Only a Vermont bankruptcy attorney can properly list and explain all of the applicable exemptions offered in Vermont.
Vermont Bankruptcy Exemptions
Homestead |
$75,000 |
Wedding ring, jewelry of debtor |
$500 |
Household furnishings, goods appliances |
$5,000 |
Growing crops |
$5,000 |
Professionally prescribed health aids for the debtor or his dependent |
no limit |
Motor vehicle |
$2,500 |
Tools of trade |
$5,000 |
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