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Federal supplemental exemptions can be used in conjunction with your North Dakota exemptions and can be viewed here.
To find out how the exemptions apply in your specific situation you can schedule a free consultation with a local bankruptcy attorney.
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ASSET
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EXEMPTION DESCRIPTION
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LAW SECTION
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Homestead
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Real property, house trailer or mobile home to $80,000
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28-22-02(10), 47-18-01
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Insurance
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Fraternal benefits society benefits
Life insurance proceeds payable to deceased’s estate, not to a
specific beneficiary
Life insurance surrender value to $100,000 per policy, if beneficiary
is insured’s relative & owned over 1 year before filing for
bankruptcy; no limit if more needed for support; withERISA-qualified
benefits, IRAs and Keoghs exempt under 28-22-03.1 (except pensions for
disabled veterans), total cannot exceed $200,000
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26.1-15.1-18, 26.1-33-40
26.1-33-40
28-22-03.1(3)
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Miscellaneous
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Property of business partnership
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45-08-02
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Pensions
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Disabled veterans’ benefits, except military retirement pay
ERISA-qualified benefits to $100,000 per plan; no limit if more
needed for support; with insurance exempt under 28-22-03.1, total cannot
exceed $200,000
IRAs to $100,000 per plan; no limit if more needed for support; with
insurance exempt under 28-22-03.1, total cannot exceed $200,000
Keoghs to $100,000 per plan; no limit if more needed for support;
with insurance exempt under 28-22-03.1, total cannot exceed $200,000
Public employees
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28-22-03.1(4) (d)
28-22-03.1(3)
28-22-03.1(3)
28-22-03.1(3)
28-22-19(1)
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Personal Property
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1. All debtors may exempt:
- Bible, books to $100 & pictures; clothing
- Burial plots, church pew
- Cash to $7500, in lieu of homestead
- Crops or grain raised on debtor’s tract to 160 acres (64.75
hectares) on 1 tract
- Food & fuel to last 1 year
- Motor vehicle to $1200
- Personal injury recoveries to $7500 (not to include pain and
suffering)
- Wrongful death recoveries to $7500
2. Head of household not claiming crops or grain may claim $5000 of
any personal property or:
- Books & musical instruments to $1500
- Furniture, including bedsteads & bedding, to $1000
- Library & tools of professional to $1000
- Livestock & farm implements to $4500
- Tools of mechanic & stock in trade to $1000
3. Non-head of household not claiming crops or grain, may claim
$2500 of any personal property
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28-22-02(1), (4), (5)
28-22-02(2), (3)
28-22-03.1(1)
28-22-02(8)
28-22-02(6)
28-22-03.1(2)
28-22-03.1(4) (b)
28-22-03.1(4) (a)
28-22-03.1(4) (a)
28-22-03
28-22-04(1)
28-22-04(2)
28-22-04(4)
28-22-04(3)
28-22-04(4)
28-22-05
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Public Benefits
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AFDC
Crime victims’ compensation
Social security
Unemployment compensation
Vietnam veterans’ adjustment compensation
Workers’ compensation
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28-22-19(3)
28-22-19(2)
28-22-03.1(4) ( c)
52-06-30
37-25-07
65-05-29
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Tools of Trade
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See personal property
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Wages
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Minimum 75% of earned but unpaid wages; bankruptcy judge may
authorize more for low-income debtors
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32-09.1-03
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Wild Card
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See personal property
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More Information on North Dakota Bankruptcy Law
If you have a specific question about exemptions related to your situation you can schedule a free consultation with a local bankruptcy attorney.
You may also want to visit your federal bankruptcy
court
web site:
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