Wisconsin Bankruptcy |
Exemption | Court |
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Wisconsin Bankruptcy Exemption
Homestead:
The principle place of residence of the debtor including condominium, mobile home, house trailer or cooperative up to the extent of $ 40,000. Professional tools: Equipment, inventory, farm products and professional books used in business of debtor or dependent exempted up to the extent of $ 7,500. Household goods: Household goods and furniture, wearing apparels, keepsakes, jewelry, musical instruments, books, fire arms any personal property held primarily for the debtor himself/herself or any dependent up to the extent of $ 5,000. Life insurance: Debtor's aggregate interest in accrued dividends, loan value on unmatured life insurance contracts owned by the debtor and insuring the debtor or his/her dependent up to the extent of $ 150,000. Automobile: Motor vehicle up to the extent of $ 1,200. Wages: The greater among 75% or 30 times the federal minimum wage. Personal depository accounts: Personal depository accounts except business accounts are exempted up to the extent of $ 1,000. Claims: Life insurance, personal injury or wrongful death claims are exempted up the extent of 100% but up the limit of $ 25,000 for certain personal injury claims. Total or Absolute Exemptions for:
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