West Virginia 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. West Virginia law provides a number of exemptions that protect your property, and your West Virginia TotalBankruptcy.com attorney will be able to advise you on which exemptions are best for you.
Homestead
$25,000 exemption for the debtor's interest in real or personal property.
Wages
No specific exemption.
Automobiles
$2,400 for one motor vehicle.
Other Property
$400 per item (and $8,000 in the aggregate) in household furnishings, household goods, clothing, appliances, books, animals, crops and musical instruments; $1,000 in jewelry; $1,500 in books and tools of trade.
» Read the complete West Virginia 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.