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Washington DC Bankruptcy Exemptions
What Exemptions are allowed when filing bankruptcy in Washington DC?
Below is a list of some of the available Washington DC bankruptcy exemptions . This list only identifies a small fraction of the exemptions available in Washington DC 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 DC bankruptcy attorney in your area to have all the available exemptions explained to you. Only a Washington DC bankruptcy attorney can properly list and explain all of the applicable exemptions offered in Washington DC.
Washington DC Bankruptcy Exemptions
The District of Columbia has no homestead law |
nil |
Beds, bedding household furniture and furnishings |
$425.00 |
Mechanics tools |
$200.00 |
Family pictures and library |
$400.00 |
Library, office furniture, and implements of a professional man or artist |
$300.00 |
Auto or motor-controlled vehicle |
$500.00 |
Motor vehicle |
$2,575 |
All family pictures; and all family library materials |
$300.00 |
Aggregate interest in any property |
$850.00 |
Tools of trade |
$1,625 |
Household furnishings, appliances, wearing apparel |
$8,625 |
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