The following are the most common exemptions that apply to consumer bankruptcies. Please note that the amounts are doubled in joint bankruptcies. Other exemptions may apply depending on your situation.

EXEMPTIONS: SEC. 522

• (d)(1) $17,425.00 Real property or personal property debtor uses as a residence, or in a burial plot
• (d)(2) $2,775.00 one motor vehicle
• (d)(3) $9,300.00 Household furnishings & goods, wearing apparel, books, animals, musical instruments for personal or household use
• (d)(4) $1,150.00 Jewelry
• (d)(5) $ 925.00 Any property, plus $ 8,725.00* * Maximum amount based on unused property exemption $ 9,650.00 Maximum
• (d)(6) $1,750.00 Implements, professional books, tools of the trade
• (d)(8) $9,300.00 Unmatured life insurance
• (d)(11)$17,425.00 Payments on account of personal bodily injury, not including pain & suffering or compensation for actual pecuniary loss