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Kentucky Bankruptcy Exemption
Homestead:
Land or personal property used as residence up to the aggregate amount of $ 5,000. Wages: The greater among the two: 75 % of the disposable earnings or 30 times the federal minimum hourly wage. Personal Assets: Personal assets or property of any nature can be exempted up to the aggregate amount of $ 1,000. Household Furniture, Jewelry, Apparel: Furniture, jewelry and ornaments along with clothing up to the aggregate amount of $ 3,000. Farming and Husbandry: Tools and implements of agricultural farming and farm animals up to the extent of $ 3,000. Motor Vehicle: One motor Vehicle and Accessories including one extra tire of total worth $ 2,500 for mechanic or skilled artisan engaged in mend, replacement or servicing of indispensable and important tools. Crucial Professional Tools: Tools and implements necessary in continuing trade or profession up to $ 300. Injury Payment: Personal injury payment up to the extent of $ 7,500. Total or Absolute Exemptions for:
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