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Rhode Island Bankruptcy

Exemption Court
Rhode Island Bankruptcy Exemption
Homestead:
Principal home of residence and land along with it is exempted up to the extent of $ 200,000.

Professional Tools and Implements:
Professional tools and implements used in occupation up to the extent of $ 1200.

Automobile:
One car or motor vehicle exempted up to the extent of $ 10,000.

Jewelry:
Jewelry is exempted up to the extent of $ 1000.

Household Furniture:
Household furniture and family stores of housekeeper $ 8,600.

Books:
Bibles, school books and other books worth up to $ 300.

Wages:
Wages and salary up to the extent of $ 50.

Consumer's Cooperative:
Consumer’s cooperative membership rights up to the extent of $ 50.

Pets and Husbandry:
Pets and husbandry exempted up to the extent of $ 1,000.

Property:
Any personal property chosen by the debtor exempted up to the extent of $ 400.

Total or Absolute Exemptions for:
  • Essential Wearing Apparel.
  • Professional books.
  • Burial Plot.
  • Wages of Sailor.
  • Secured debts by bill of exchange or negotiable promissory notes.
  • Wages of wife and minor children of the debtor.
  • IRC qualified IRA funds.
  • Annuity, pension, profit-sharing, or other retirement plan protected by ERISA.
  • Employment Security benefits.
  • Specific Partnership Property.
  • Disability Insurance Benefits.
  • Public Employees Retirement Benefits.
  • Fraternal Benefit and Society Benefit.
  • Policeman and Fireman's Benefit Plan only.

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