South Dakota Bankruptcy Exemptions

South Dakota Exemption Notes

OPT OUT STATUS:

Can I use the §522(d) Federal Bankruptcy Exemptions in South Dakota?

No. S.D. Codified Laws §§ 43-31-30, 43-45-13.

KEY EXEMPTIONS:

Homestead

Real property to unlimited value or mobile home (larger than 240 sq. ft. at its base and registered in state at least 6 months before filing) to unlimited value; property cannot exceed 1 acre in town or 160 acres elsewhere; sale proceeds to $30,000 ($170,000 if over age 70 or widow or widower who hasn't remarried) exempt for 1 year after sale (husband & wife may not double)

Motor Vehicle

no specific exemption

Wildcard

Head of family may claim $6,000, or nonhead of family may claim $4,000 of any personal property

Personal Property

Bible, schoolbooks; other books to $200
Burial plots, church pew
Clothing
Family pictures
Food & fuel to last 1 year

See Also:
Insurance, Pensions, Public Benefits, Tools of Trade, Wages & Miscellaneous
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