Homestead Exemptions

 

How much of your home equity is protected if you file for bankruptcy in your state?

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Protection for homes varies widely from state to state. Some states offer unlimited protection, only protect a few thousand dollars of equity.

Federal Bankruptcy § 522 Homestead Exemption

(Federal Bankruptcy Exemptions listed in 11 USC § 522(d) are available as an option in 20 states)

Federal Non-Bankruptcy Homestead Exemptions

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Jurisdictional relevance: ST

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