Delaware Bankruptcy Law

Considering filing bankruptcy in Delaware? You need to understand Delaware bankruptcy law and exemptions.

As on overview we have listed some of the main exemptions, links to the federal courts serving Delaware, and some filing statistics for Delaware.

Delaware Exemptions

Homestead:
100%
Details:
Tenancies by the entirety or joint tenancies

Homestead:
$125,000
Details:
Equity in real property or manufactured home used by debtor as principal residence *(DCA § 4914 (e) for limitations on homestead allowance)

Motor Vehicle:
$15,000
Details:
A vehicle necessary for employment


This is just and overview and there is a detailed list of the Delaware Bankruptcy Exemptions.

Delaware Bankruptcy Courts

If you need more information about the Delaware Federal Bankruptcy Courts you can click on the link for your district.

  • Delaware District

    • Delaware Filing Statistics

    Here are the counties in Delaware with the highest amount of bankruptcy filings.

    Year - County
    Total
    Ch7
    Ch13
    2012 NEW CASTLE
    1656
    1100
    556
    2012 SUSSEX
    624
    529
    95
    2012 KENT
    615
    422
    193
    2012 CECIL
    4
    2
    2

    You can see the information for all counties by visiting the Delaware Chapter 7 and Chapter 13 bankruptcy filings by county page.

    Here are the most recently available statistics for monthly bankruptcy filings in Delaware.

    Year - Month
    Total
    Ch7
    Ch13
    2013 6
    175
    126
    49
    2013 5
    254
    183
    71
    2013 4
    237
    167
    70
    2013 3
    213
    149
    64
    2013 2
    202
    150
    52
    2013 1
    160
    116
    44


    You can see more data by visiting the Delaware Personal Bankruptcy Filing Statistics page.

    If you have question about filing bankruptcy please visit our Frequently Asked Questions Page or schedule a free consultation with a local attorney.