New Hampshire Bankruptcy Laws

Homestead

Principal place of residence or dwelling house owned and occupied by the debtor up to the extent of $100,000.

Wages

Wages are exempted up to the extent of 50 times the federal minimum wage per week.

Automobile

One automobile up to the extent of $4,000.

Furniture

Necessary furniture required in basic continuance of livelihood is exempted up to the extent of $3,500. Comfortable beds, bedsteads and bedding necessary for the debtor, the debtor's spouse and children.

Cooking and Sewing Machine

One cooking stove and necessary accessories with it and fuel up to worth $400. One Sewing machine used by the debtor is exempted.

Library

Books, bible and school books are exempted up to the extent of $800.

Professional Tools and Implements

Professional tools and implements up to the extent of $5,000.

Jewelry

Jewelry up to the extent of $500.

Debtor's Interest in any property

Not exceeding $1,000, plus up to $7,000 of any idle quantity of the immunity provided under the exemption criteria of household, furniture, cooking (fuel), library, professional tools and implements and jewelry.

Other Exemptions

One hog and pig and its flesh when slaughtered, Six sheep and its fleeces, one cow, an yoke of oxen or a horse, if required for farming or teaming purposes or other actual use and up to 4 tons of hay. Poultry or Fowl up to the extent of $300.

Annuity Contract Proceeds

Annuity contract proceeds up to the extent of $350.

Total or Absolute Exemptions for