North Dakota bankruptcy laws help you pay back creditors easily. Know about the properties you can protect.

North Dakota Bankruptcy Laws

Homestead

Debtor's residential home and land over it is exempted up to the extent of $ 80,000. And $ 7,500 in lieu of homestead.

Wages

Earnings of the person up to the extent of 60 days if reasonably required for support of the debtor or his/her dependent. And disposable earnings up to 75% or 40 times the federal minimum hourly wage rate whichever will be the greater.

Personal Property

Personal property is exempted up to the extent of $ 2,500. And $ 5,000 if the person has any reasonable claim.

Automobile

One vehicle up to the extent of $ 1,200. And a sum of $ 32,000 for vehicle modified for disabled person.

Household and Kitchen Furniture

Household and Kitchen furniture up to the extent of $ 1,000.

Professional Tools of Mechanic

Tools, implements of mechanic required in carrying on trade or profession is exempted up to the extent of $ 1,000.

Professional Books and Implements

Professional Books and Implements are exempted up to the extent of $ 1,000.

Payments on Wrongful Death or Bodily Injury

Amount convincingly reasonable as compensation debtor & dependents up to the extent of $ 7,500 not including pain and suffering or pecuniary loss.

Total or Absolute Exemptions for

  • Unemployment and Workmen's Compensation Benefits.
  • Reinstatement for wrongful deaths.
  • Life Insurance and Mutual Aid Contracts.
  • Social Security Benefits.
  • Awards to Crime Victims.
  • Child Support.
  • Specific Interest in Partnership Property.

Court's Address

655 1st Avenue North, Suite 210, Fargo North Dakota 58102-4932

Court's Phone Number

701-297-7100

Court's Email Address

webmaster@ndb.uscourts.gov

Court's Hours

800 AM to 430 PM

Jurisdictional Counties

All Counties

Court Locations

Bismarck, Fargo, Grand Forks, Minot

Judges

Hon. William A. Hill (Chief Judge, U.S. Bankruptcy Court)655 First Ave., N. Fargo, ND 58102(701) 297-7140

Clerks

Dianne G. Schmitz (Bankruptcy Clerk, U.S. Bankruptcy Court)655 First Ave. N., Suite 210 Fargo, ND 58102(701) 297-7112

Latest Articles

9 Ways to make your family financially and emotionally content in debt

If numbers of debts pile up, then it's likely you're in super financial stress and anxiety. Your family will also be in stress because they continuously see your stressed face and agitated attitude. Long functioning financial stress leads to depression, hypertension, or arguments between ... Read More »

Latest answers

Can you help to settle mortgage and credit card debts ...

I have a mortgage and $60,000 of credit card debt I am 6 months or more delinquent on. I can pay about $1,000 per month to settle these debts. I live in Illinois. Can you help ... Read More »

Latest from blog

4th of July 2016: How to celebrate freedom

The 4th of July is observed as a federal holiday in the United States. After all, it’s NATION’S BIRTHDAY! Independence Day celebration is a grand and colorful affair in the country with fireworks, foods, parades, and more. Wondering how to enjoy this wonderful day? Check this out. ... Read More »

BBB-A-Rating Check out Oak View Law Group on Yelp