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Idaho Bankruptcy

Exemption Court
Idaho Bankruptcy Exemption
Homestead:
Up to $ 50,000 for the residential home, or mobile home, and the land on which that home is situated.

Wages:
75 % of the disposable earning or 30 times the federal minimum hourly wage per week.

Automobile:
One motor vehicle of worth $ 3,000.

Jewelry:
Ornaments of $1,000.

Professional Appliances:
Professional books and tools and other implements which are necessary to carry on trade and profession.

Crops:
$ 1,000 on grown crops on 50 acres of land owned, possessed or leased.

Weapon:
Gun (handgun, revolver, rifle or pistol) of $ 500 or of lesser value.

Unmatured Insurance:
$ 5,000 accrued dividends on unmatured life insurance only where the debtor or any dependent of the debtor is the insured person.

Annuity Contracts:
Annuity contract proceeds of up to $ 350 per month.

Irrigational Water Rights:
Irrigational water rights up to the extent of 160 inches of the water table.

Reasonable Amount of Exemption:
  • Disability & Illness Benefits.
  • Alimony Support or Illness Benefits.
  • Life Insurance Claim Proceeds.
  • Wrongful death or injury benefits.

Total or Absolute Exemptions for:
  • Necessary apparel, prescribed health aids.
  • Reparation awards of victims of crime.
  • Pension for Armed Forces.
  • Military Equipments owned personally by National Guards.
  • Burial plot.
  • Necessary Health Aids including.
  • Specific Partnership Interests.
  • Public Assistance Benefits.
  • Federal Social Security Benefits.
  • Federal Pension Benefits.
  • Qualified Employees Benefits.
  • Assets of Qualified Employee's Benefit.

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