Nevada Bankruptcy Exemptions - NV Bankruptcy Exemptions

State Exemptions Only

Homestead

Real property or mobile home to $125,000 (husband and wife may not double)

Must record homestead declaration before filing for bankruptcy.

ERISA-qualified benefits

$100,000

Appliances, household goods, furniture, home and yard equipment to $3000 total

$3,000

Motor vehicle to $1500; no limit if vehicle equipped to provide mobility for disabled person

$1,500

The cabin or dwelling of a miner or prospector, his cars, implements and appliances necessary for carrying on any mining operations and his mining claim actually worked by the debtor

$4,500

Farm trucks, stock, tools, equipment & seed to $4500

$4,500

Library , equipment, supplies, tools & materials to $4500

 

Minimum 75% of earned but unpaid wages; bankruptcy judge may authorize more for low -income



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NOTE: These are the major bankruptcy exemptions.
Check with your bankruptcy lawyer for a full exemptions list.

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