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Washington Bankruptcy

Exemption Court
Washington Bankruptcy Exemption
Homestead:
House or mobile home used as the principal place of residence is exempted up to the extent of $ 15,000.

Value of furs & jewelry:
Value of firs and jewelry are exempted up to $ 1000. However other apparel items are absolutely exempted.

Automobile:
Motor vehicle used for personal transportation usage is exempted up to the quantum of $ 2,500 or $ 5000 for community.

Wages:
Disposable earnings are exempted up to the extent of 75% or 30 times the federal minimum hourly wage per week, whichever is greater.

Library:
Personal Library may get exemption up to $ 1,500.

Household furniture:
Appliances, furniture and fuel, home and yard equipment of debtor and family, including provisions & fuel are exempted up to the extent of $ 2,700.

Personal assets:
Personal assets of the debtor and his/her family, except wages are exempted up to the extent of $ 2000 with limit of $ 200 in cash and $ 200 as bank deposits.

Injury award:
Personal injury benefits exemption up to the extent of $ 16,150.

Agricultural stocks:
Farming stocks, truck, tools, equipment exempted up to the extent of $ 5,000.

Professional books and office articles:
Professional books and office equipments of attorney, doctors, clergyman or other professional person are exempted up to the extent of $ 5000.

Professional tools and implements:
Tools, appliances and materials required to carry out trade or profession for the support of the debtor and his/her family are exempted up to the extent of $ 5000.

Total or Absolute Exemptions for:
  • Family pictures & keepsakes.
  • Noticeable child support.
  • Professionally prescribed health aids of debtor or dependents.
  • Tuition credits purchased 2 years of filing the bankruptcy.
  • Federal pension benefits.
  • Industrial insurance benefits.
  • Fire insurance proceeds for coverage of exempt properties.
  • Unemployment compensation benefits.
  • Disability insurance benefits.
  • Life insurance proceeds where the beneficiary is other than the person insured.
  • Group life Insurance proceeds.
  • Annuity contract benefits.
  • Public assistance grants and payments.
  • Burial plots.
  • City employee's retirement benefits.
  • Police and fireman retirement.
  • Crime victim's reparation award.
  • Specific partnership property.
  • Judge's retirement plan.
  • Teacher's retirement benefit.
  • Fraternal benefit society benefit.
  • Property of incompetent.
  • Police and firemen's retirement benefit.
  • State employees retirement benefits.

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