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Wisconsin Bankruptcy Exemptions
What Exemptions are allowed when filing bankruptcy in Wisconsin?
Below is a list of some of the available Wisconsin bankruptcy exemptions . This list only identifies a small fraction of the exemptions available in Wisconsin 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 Wisconsin bankruptcy attorney in your area to have all the available exemptions explained to you. Only a Wisconsin bankruptcy attorney can properly list and explain all of the applicable exemptions offered in Wisconsin.
Wisconsin Bankruptcy Exemptions
Homestead |
$40,000 |
Consumer goods |
$5,000 |
Household furnishings |
$5,000 |
Motor vehicle not to exceed $1,200 |
$1,200 |
Deposit accounts |
$1,000 |
Tools of trade |
$7,500 |
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