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Virginia Bankruptcy Information

Russell County, Virginia
Bankruptcy Information

Population: 28,218

  . 

Quick Reference: Standards applied in a
Russell County means test

Virginia Median Income Standards


 

 

Free Bankruptcy Forms for Russell County

  • Virginia Western District Bankruptcy Court


  • Albermarle, Allegheny, Amherst, Appomattox, Augusta, Bath, Bedford, Bland, Botecourt, Buchanan, Buckingham, Campbell, Carroll, Charlotte, Clarke, Craig, Cumberland, Dickenson, Floyd, Fluvanna, Franklin, Frederick, Giles, Grayson, Greene, Halifax, Henry, Highland, Lee, Madison, Montgomery, Nelson, Page, Patrick, Pitsylvania, Pulaski, Rappahannoc, Roanoke, Rockbridge, Rockingham, Russell, Scott, Shenandoa, Smith, Tazewell, Warrenm Washingon, Wise, Wythe

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Virginia Bankruptcy Exemptions

Virginia Homestead

Must file homestead declaration before filing for bankruptcy
$5,000 plus $500 per dependent; rents & profits; sale proceeds exempt to $5,000 (husband & wife may double, unused portion of homestead may be applied to any personal property); if 65 or older, exemption is $10,000

Vehicle

Motor vehicles to $6,000 total ($10,000 if needed for occupation or education)

Wages

Minimum 75% of weekly disposable earnings or 40 times the federal minimum hourly wage, whichever is greater; bankruptcy judge may authorize more for low-income debtors

Personal property & Tools of Trade

Clothing to $1,000
Family portraits & heirlooms to $5,000 total
Household furnishings to $5,000
Firearms to $3,000
Pets
Wedding and engagement rings
Tools, books, and instruments of trade, including motor vehicles, to $10,000, needed in your occupation or education
For farmer, pair of horses, or mules with gear; one wagon or cart, one tractor to $3,000; 2 plows & wedges; one drag, harvest cradle, pitchfork, rake; fertilizer to $1,000

WildCard

Unused portion of homestead or personal property exemption
$10,000 of any property for disabled veterans

Virginia Bankruptcy Laws / Exemptions| Bankruptcy Forms | Means Test Calculator | Local Lawyers | Bankruptcy Courts

FILING BANKRUPTY
in LEBANON, VIRGINIA
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MEANS TEST
CACLULATOR for
RUSSELL COUNTY

State & Local Income & Expense Standards for Forms 22A, 22C

VIRGINIA
BANKRUPTCY
EXEMPTION LAWS

Homestead
Insurance
Pensions & IRAs
etc.

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BANKRUPTCY ATTORNEYS
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RUSSELL COUNTY

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