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New Jersey Bankruptcy Info

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New Jersey Bankruptcy Information

Camden  .  Newark  .  Trenton  . 

New Jersey Median Income Standards

 

New Jersey Bankruptcy Exemptions

New Jersey Homestead

None, but survivorship interest of a spouse in property held as tenancy by the entirety is exempt from creditors of a single spouse

Vehicle

no specific exemption

Wages

90% of earned but unpaid wages if annual income under 250% of the poverty level for family size; 75% if annual income is more than that amount
Wages or allowances received by military personnel

Personal property & Tools of Trade

Personal property & possessions of any kind, stock or interest in corporations to $1,000 total
Clothing
Furniture & household goods to $1,000

WildCard

None (see personal property)

More info About __ Bankrutpcy Exemptions including citations.

New Jersey Bankruptcy Courts

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