Nebraska Bankruptcy Exemptions

Federal supplemental exemptions can be used in conjunction with your Nebraska 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.

ASSET	EXEMPTION DESCRIPTION	LAW SECTION
Homestead	$60,000 for married debtor, head of household, or 65 or older	40-101, 40-111, 40-113, 40-105
Insurance	Fraternal benefit society benefits to $10,000 loan value Life insurance or annuity contract proceeds to $10,000 loan value	44-1089 44-371
Miscellaneous	Property of business partnership	67-325
Pensions	County employees ERISA-qualified benefits needed for support Military disability benefits to $2000 School employees State employees	23-2322 25-1563.01 25-1559 79-1060, 79-1552 84-1324
Personal Property	Burial plot Clothing needed Crypts, lots, tombs, niches, vaults Food and fuel to last 6 months Furniture & kitchen utensils to $1500 Perpetual care funds Personal injury recoveries Personal possessions	12-517 25-1556 12-605 25-1556 25-1556 12-511 25-1563.02 25-1556
Public Benefits	Aid to disabled, blind, aged, AFDC Unemployment compensation Workers� compensation	68-1013 48-647 48-149
Tools of Trade	Equipment or tools to $1500 Husband and wife may double	25-1556 In re Keller, 5 0 B.R. 23 (D.Neb. 1985)
Wages	Minimum 85% of earned but unpaid wages or pension payments for head of family; 75% for all others; bankruptcy judge may authorize more for low-income debtors	25-1558
Wild Card	$2500 of any personal property, except wages, in lieu of homestead	25-1552

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: