What bankruptcy exemptions can I claim?

Bankruptcy exemptions allow you to protect specific property from creditors when you file Chapter 7. Common categories include homestead (your home), vehicle, personal property, retirement accounts, tools of your trade, and a wildcard amount. The amounts vary significantly by state — click your state below to see the exact figures.

Can I choose between state and federal exemptions?

About 19 states allow debtors to choose between their state exemptions and the federal bankruptcy exemption schedule. You cannot mix both — you must choose one complete system. If your state offers this choice, it's worth comparing both sets to maximize your protection.

Which states have the highest homestead exemptions?

Texas, Florida, Kansas, Iowa, Oklahoma, and South Dakota offer unlimited homestead exemptions — meaning you can protect your entire home equity regardless of value. Massachusetts, Minnesota, Nevada, and Rhode Island also offer very high homestead exemptions ranging from $480,000 to $605,000.

2026 Figures · All 50 States

Bankruptcy Exemptions by State

Every state sets its own rules for what property you can protect when you file for Chapter 7 bankruptcy. Find your state below to see the full exemption table — or compare multiple states side-by-side.

Compare States Side-by-Side Check My Eligibility

Jurisdictions covered

States with unlimited homestead

Exemption categories tracked

Want to compare states side-by-side?

Pick 2–3 states and see which offers more protection in each category.

Bankruptcy Exemptions by State

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