Bankruptcy Exemption Citations
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← Nebraska Wild Card Exemptions

Exemption: $5,970 of any personal property, except wages, in lieu of homestead

Citation: Stat. - Neb. Rev. Stat. § 25-1552

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Neb. Rev. Stat. § 25-1552 :
ARTICLE 15. EXECUTIONS AND EXEMPTIONS
(B) EXEMPTIONS

� 25-1552. Personal property except wages; debtors; claim of exemption; procedure.

Each natural person residing in this state shall have exempt from forced sale on execution the sum of two thousand five hundred dollars in personal property, except wages. The provisions of this section do not apply to the exemption of wages, that subject being fully provided for by section 25-1558. In proceedings involving a writ of execution, the exemption from execution under this section shall be claimed in the manner provided by section 25-1516. The debtor desiring to claim an exemption from execution under this section shall, at the time the request for hearing is filed, file a list of the whole of the property owned by the debtor and an indication of the items of property which he or she claims to be exempt from execution pursuant to this section and section 25-1556, along with a value for each item listed. The debtor or his or her authorized agent may select from the list an amount of property not exceeding the value exempt from execution under this section according to the debtor's valuation or the court's valuation if the debtor's valuation is challenged by a creditor.
Last Amended: 1997
1997
Source: R.S.1867, Code � 521, p. 484; Laws 1913, c. 52, � 1, p. 158; R.S.1913, � 8099; C.S.1922, � 9035; C.S.1929, � 20-1553; R.S.1943, � 25-1552; Laws 1973, LB 16, � 1; Laws 1977, LB 60, � 1; Laws 1980, LB 940, � 2; Laws 1993, LB 458, � 12; Laws 1997, LB 372, � 1.


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