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Federal supplemental exemptions can be used in conjunction with your Wisconsin exemptions and can be viewed here.
In Wisconsin, you may choose
to use the federal
exemption set instead of your state exemptions.
Also see Wisconsin bankruptcy forms.
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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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Property you occupy or intend to occupy to $40,000; sale proceeds
exempt for 2 years from sale if you plan to obtain another home (
husband and wife may not double)
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815.20
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Insurance
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Federal disability insurance
Fire proceeds for destroyed exempt property for 2 years from
receiving
Fraternal benefit society benefits
Life insurance policy or proceeds to $5000, if beneficiary is a
married woman
Life insurance proceeds held in trust by insurer, if clause prohibits
proceeds from being used to pay beneficiary’s creditors
Life insurance proceeds if beneficiary was dependent of insured,
needed for support
Unmatured life insurance contract, except credit insurance contract,
owned by debtor & insuring debtor, dependent of debtor or someone
debtor is dependent on
Unmatured life insurance contract’s accrued dividends, interest or
loan value (to $4000 total in all contracts), if debtor owns contract
& insured is debtor, dependent of debtor or someone debtor is
dependent on
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815.18(3) (ds)
815.18(3) (e)
614.96
766.09
632.42
815.18(3) (I) (a)
815.18(3) (f)
815.18(3) (f)
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Miscellaneous
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Alimony, child support needed for support
Property of business partnership
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815.18(3) ( c)
178.21
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Pensions
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Certain municipal employees
Firefighters, police officers who worked in city with population over
100,000
Military pensions
Private or public retirement benefits
Public employees
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66.81
815.18(3) (ef)
815.18(3) (n)
815.18(3) (j)
40.08(1)
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Personal Property
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Burial provisions
Deposit accounts to $1000
Household goods and furnishings, clothing, keepsakes, jewelry,
appliances, books, musical instruments, firearms, sporting goods,
animals and other tangible property held for personal, family or
household use to $5000 total
Lost future earnings recoveries, needed for support
Motor vehicles to $1200
Personal injury recoveries to $25,000
Tenant’s lease or stock interest in housing co-op, to homestead
amount
Wages used to purchase savings bonds
Wrongful death recoveries, needed for support
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815.18(3) (a)
815.18(3) (k)
815.18(3) (d)
815.18(3) (I) (d)
815.18(3) (g)
815.18(3) (I) (c)
182.004(6)
20.921(1) (e)
815.18(3) (I) (b)
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Public Benefits
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Crime victims’ compensation
Social Service payments
Unemployment compensation
Veterans benefits
Workers’ compensation
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949.07
49.41
108.13
45.35(8) (b)
102.27
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Tools of Trade
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Equipment, inventory, farm products, books and tools of trade to
$7500 total
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815.18(3) (b)
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Wages
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75% of earned but unpaid wages; bankruptcy judge may authorize more
for low-income debtors
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815.18(3) (h)
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Wild Card
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None
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