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Nebraska Bankruptcy Info

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Nebraska Bankruptcy Information

Lincoln  .  Omaha  . 

Nebraska Median Income Standards

 

Nebraska Bankruptcy Exemptions

Nebraska Homestead

$60,000 for married debtor or head of household; cannot exceed 2 lots in city or village, 160 acres elsewhere; sale proceeds exempt 6 months after sale (husband & wife may not double)

Vehicle

Motor vehicle if used to commute to work (as part of $2,400 tools of trade exemption)

Wages

Minimum 85% of earned but unpaid weekly disposable earnings or pension payments for head of family; minimum 75% of earned but unpaid weekly disposable earnings, or 30 times the federal hourly minimum wage, whichever is greater, for all others; bankruptcy judge may authorize more for low-income debtors

Personal property & Tools of Trade

Furniture, household goods & appliances, household electronics, personal computers, books, & musical instruments to $1,500
Equipment or tools including a vehicle used in/or for commuting to principal place of business to $2,400 (husband & wife may double)

WildCard

$2,500 of any personal property, except wages, in lieu of homestead

More info About __ Bankrutpcy Exemptions including citations.

Nebraska Bankruptcy Courts

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