North Dakota State Bankruptcy Exemptions
Laws That Keep Your Creditors' Hands Off Your Property
Exemptions are laws passed by every state that allow you to protect certain types of your property from your creditors when you file bankruptcy-such as your home, car, pensions and IRAs, motor vehicles, clothing, tools, and other important property. North Dakota law provides a number of exemptions that protect your property, and your North Dakota TotalBankruptcy.com attorney will be able to advise you on which exemptions are best for you.
Homestead
$80,000 homestead exemption.
Wages
75 percent of weekly earnings exempt.
Automobiles
One motor vehicle not to exceed $1,200; $32,000 for a vehicle that has been modified at a cost of not less than $1,500 to accommodate an individual with a permanent physical disability who is the owner of that motor vehicle.
Other Property
All family pictures; one church pew; one burial ground; family Bible and books not exceeding $100; clothing; food and fuel for one year; crops and grain; all other personal property including money not to exceed $5,000.
» Read the complete North Dakota bankruptcy exemptions here.
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Please understand that this information is provided for illustration purposes only and is not legal advice. If you would like more information about exemptions, please call our 24-hour toll free hotline at 1 (877) 349-1309 or use our free online evaluation form to get started with your bankruptcy case today!
Note: Laws may have changed since our last update. For the latest information on your state’s bankruptcy laws, speak to a local bankruptcy lawyer.