Bankruptcy Exemption Citations
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← Delaware Opt Out Exemptions

Exemption: Delaware has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). DCA 10 § 4914(a)

Citation: Stat. - Del. Code Ann. tit. 10, § 4914 (a)

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Del. Code Ann. tit. 10, § 4914 (a):
§ 4914. Exemptions in bankruptcy and insolvency.
(a) In accordance with § 522(b) of the Bankruptcy Reform Act of 1978 (11 U.S.C. § 522(b)), in any bankruptcy proceeding, an individual debtor domiciled in Delaware is not authorized or entitled to elect the federal exemptions as set forth in § 522(d) of the Bankruptcy Reform Act of 1978 (11 U.S.C. § 522(d)) and may exempt only that property from the estate as set forth in subsection (b) of this section.

(b) In any federal bankruptcy or state insolvency proceeding, an individual debtor domiciled in Delaware shall be authorized to exempt from the bankruptcy or insolvency estate, in addition to the exemptions made in this subsection and in § 4915 of this title, personal property and/or equity in real property, other than the debtor’s principal residence having an aggregate fair market value of not more than $25,000.

(c) In any federal bankruptcy or state insolvency proceeding, an individual debtor and/or such individual’s spouse domiciled in Delaware shall be authorized to exempt from the bankruptcy or insolvency estate, in addition to the exemptions made in subsection (b) of this section and in § 4915 of this title, the following:

(1) Equity in real property or equity in a manufactured home (as defined in Chapter 70 of Title 25) which constitutes a debtor’s principal residence in an aggregate amount not to exceed $75,000 in 2010, $100,000 in 2011, and $125,000 thereafter, except that the exemption for persons totally disabled from working or married persons where at least 1 of the spouses is 65 years old or older shall be $125,000 effective immediately; and

(2) A vehicle and/or tools of the trade necessary for purposes of employment in an amount not to exceed $15,000 each.

(d) This section shall apply separately with respect to each debtor in a joint case but not to exceed $25,000 each in value in personal property and/or equity in real property, other than the debtor’s principal residence, a total not to exceed $125,000 in value in a principal residence in an individual or a joint case, and $15,000 each in subsection (c) of this section vehicle and $15,000 each in subsection (c) of this section tools of the trade.

(e) A debtor may not exempt any amount of an interest in property described in paragraph (c)(1) of this section, if the Bankruptcy Court determines, after notice and hearing, that the debtor owes a debt arising from:

(1) Any violation of the federal securities laws (as defined in § 3(a)(47) of the Securities and Exchange Act of 1934 [15 U.S.C. § 78c(a)(47)]), any state securities law, or any regulation or order issued under federal or state securities laws,

(2) Fraud, deceit, or manipulation in a fiduciary capacity or in connection with the purchase or sale of any security registered under § 12 or § 15(d) of the Securities Exchange Act of 1934 [15 U.S.C. § 78l or § 78o(d)] or under § 6 of the Securities Act of 1933 [15 U.S.C. § 77f], or

(3) Any criminal act, intentional tort, or wilful or reckless misconduct that caused serious physical injury or death to another individual in the preceding 5 years.

Last Amended: 2010
2010
63 Del. Laws, c. 81, §  1; 71 Del. Laws, c. 37, §  1; 75 Del. Laws, c. 131, §§  1, 2; 76 Del. Laws, c. 342, §§  1, 2; 77 Del. Laws, c. 262, §§  1-3; 80 Del. Laws, c. 241, § 1;
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Other Delaware Exemption Citations

50 State Opt Out Exemptions

  • In re McNutt, 87 BR 84 (9th Cir. 1988) - Alaska has not elected to "opt out" of the federal exemptions pursuant to Code § 522(b). Instead, Alaska has enacted a provision, AS § 09.38.055, which limits the exemptions available to a debtor filing bankruptcy and residing in Alaska to those within the following statutes: AS §§ 09.38.010, 09.38.015, 09.38.017, 09.38.020, 09.38.025 and 09.38.030.
  • Alaska Stat. § 09.38.055 - Alaska has not elected to "opt out" of the federal exemptions pursuant to Code § 522(b). Instead, Alaska has enacted a provision, AS § 09.38.055, which limits the exemptions available to a debtor filing bankruptcy and residing in Alaska to those within the following statutes: AS §§ 09.38.010, 09.38.015, 09.38.017, 09.38.020, 09.38.025 and 09.38.030.
  • Ala. Code § 6-10-11 - Alabama has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). AC § 6-10-11.
  • In re Holt, 894 F.2d 1005 (8th Cir. 1990) - In a federal bankruptcy case Arkansas allows its residents to choose either the property exemptions provided by the laws of Arkansas or the property exemptions provided by Code § 522(d). ACA § 16-66-217.
  • Ark. Code Ann. § 16-66-217 - In a federal bankruptcy case Arkansas allows its residents to choose either the property exemptions provided by the laws of Arkansas or the property exemptions provided by Code § 522(d). ACA § 16-66-217.
  • Ariz. Rev. Stat. § 33-1133 (B) - Arizona has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). ARSA § 33-1133(B)
  • Cal. Civ. Proc. Code § 703.130 - California has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). CCPC § 703.130. In California, the state law provides for two alternative sets of exemptions with one of the alternatives being very similar to the exemptions listed in Code � 522(d). Choices between the two alternatives are limited in that a husband and wife filing jointly must both elect the same alternative and a married debtor filing individually cannot elect the provisions similar to those provided under the Bankruptcy Code unless the nonfiling spouse agrees to waive the right to claim the alternative exemption during the subsequent bankruptcy of that debtor.
  • Cal. Civ. Proc. Code § 703.130 - California has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). CCPC § 703.130. In California, the state law provides for two alternative sets of exemptions with one of the alternatives being very similar to the exemptions listed in Code § 522(d). Choices between the two alternatives are limited in that a husband and wife filing jointly must both elect the same alternative and a married debtor filing individually cannot elect the provisions similar to those provided under the Bankruptcy Code unless the nonfiling spouse agrees to waive the right to claim the alternative exemption during the subsequent bankruptcy of that debtor.
  • Colo. Rev. Stat. § 13-54-107 - Colorado has elected to "opt out" of the federal exemptions pursuant to Code § 522(d). CRS § 13-54-107.
  • Del. Code Ann. tit. 10, § 4914 (a) - Delaware has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). DCA 10 § 4914(a)
  • Fla. Stat. Ann. § 222.201 - Florida has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). FSA § 222.20, But with exceptions noted in FSA § 222.201, allowing federal exemptions in 11 USC § 522(d)(10).
  • Fla. Stat. Ann. § 222.20 - Florida has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). FSA § 222.20, But with exceptions noted in FSA § 222.201, allowing federal exemptions in 11 USC § 522(d)(10).
  • Ga. Code Ann. § 44-13-100 (b) - Georgia has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). GCA § 44-13-100(b)
  • Iowa Code § 627.10 - Iowa has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). ICA § 627.10.
  • Idaho Code § 11-609 - Idaho has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). IC § 11-609.
  • 735 Ill. Comp. Stat. 5/12-1201 - Illinois has elected to "opt out" of the federal exemptions pursuant to Code § 522(b).
  • Ind. Code Ann. § 34-55-10-1 - Indiana has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). ICA § 34-55-10-1.
  • Kan. Stat. Ann. § 60-2312 - Kansas has elected to "opt out" of the federal exemptions pursuant to Code § 522(b) except property listed in Code § 522(d)(10) for all cases filed after July 1, 1986 (KSA § 60-2312).
  • Ky. Rev. Stat. Ann. § 427.170 - In 2005, Kentucky elected to "opt in" to the federal exemptions pursuant to Code § 522(b). KRSA § 427.170.
  • La. Rev. Stat. Ann. § 13:3881 (B)(1) - Louisiana has elected to "opt out" of the federal exemptions pursuant to Code § 522. LRSA § 13:3881(B)(1)
  • Md. Code Ann., [Cts. & Jud. Proc.] § 11-504 (g) - Maryland has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). MC&JPCA § 11-504(g).
  • Me. Rev. Stat. Ann. tit. 14, § 4426 - Maine has elected to "opt out" of the federal exemptions pursuant to Code § 522. MRSA 14 § 4426.
  • In re Sassak, 426 B.R. 680 (Bankr. E.D. Mich 2010) - Michigan has not opted out (Federal exemptions are available) but has enacted a special bankruptcy only exemption statute. However debtors may use other state exemptions as well.
  • Mo. Rev. Stat. § 513.427 - Missouri has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). MAS § 513.427.
  • Miss. Code Ann. § 85-3-2 - Mississippi has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). MCA § 85-3-2 effective July 1, 1991.
  • In re Shumaker, 124 B.R. 820 Bkrtcy.D.Mont.,199 (Bankr.D.Mont. 1991) - Montanta's bankruptcy-only exemptions do not conflict with the Federal Constitution
  • Mont. Code Ann. § 31-2-106 - Montana has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). MCA § 31-2-106.
  • N.C. Gen. Stat. § 1C-1601 (f) - North Carolina has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). NCGS § 1C-1601(f).
  • N.D. Cent. Code § 28-22-17 - North Dakota has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). NDCC § 28-22-17.
  • Neb. Rev. Stat. § 25-15, 105 - Nebraska has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). NRS § 25-15, 105.
  • Nev. Rev. Stat. Ann. § 21.090 (3) - Nevada has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). NRSA § 21.090(3).
  • N.Y. Debt. & Cred. Law § 285 - As of 2011, New York allows residents to choose the federal exemptions pursuant to Code § 522(b). NYD&CL § 285
  • Ohio Rev. Code Ann. § 2329.662 - Ohio has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). ORCA § 2329.662.
  • 31 Okla. Stat. Ann. § 1 (B) - Oklahoma has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). OSA 31 § 1(B).
  • Or. Rev. Stat. § 18.300 - As of July 1, 2013, Oregon has ceased to "opt out" of the federal exemptions pursuant to Code § 522(b). ORS § 18.300. You can now use the federal exemptions.
  • S.C. Code Ann. § 15-41-35 - South Carolina has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). SCCA § 15-41-35.
  • S.D. Codified Laws Ann. § 43-31-30 - South Dakota has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). SD CLA § 43-31-30.
  • Tenn. Code Ann. § 26-2-112 - Tennessee has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). TCA § 26-2-112.
  • Utah Code Ann. § 78B-5-513 - Utah has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). UCA § 78B-5-513
  • Va. Code Ann. § 34-3.1 - Virginia has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). VA § 34-3.1.
  • In re Morrell, 394 B.R. 405 (Bkrtcy.N.D.W.Va 2008) - West Virginia's separate set of bankruptcy exemptions is not unconstitutional.
  • Sheehan v. Peveich, 574 F.3d 248 (4th Cir. 2009) - West Virginia's separate set of bankruptcy exemptions is not unconstitutional.
  • W. Va. Code § 38-10-4 (l),(m) - As of July 1, 2021, West Virginia now allows its residents to use the federal exemptions pursuant to Code § 522(b). WVC § 38-10-4. West Virginia has two sets of state law exemptions. The exemptions for debtors who are not filing bankruptcy are provided under WVC §§ 38-8-1 et seq. for personal property exemptions and WVC §§ 38-9-1 et seq. for homestead exemptions.
  • Wyo. Stat. § 1-20-109 - Wyoming has elected to "opt out" of the federal exemptions pursuant to Code § 522(b). WS § 1-20-109.