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North Carolina Bankruptcy Info

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North Carolina Bankruptcy Information

Asheville  .  Charlotte  .  Greensboro  .  Raleigh  .  Wilson  .  Winston Salem  . 

North Carolina Median Income Standards

 

North Carolina Bankruptcy Exemptions

North Carolina Homestead

Real or personal property, including co-op, used as residence to $35,000 (husband and wife may double) ($60,000 if 65 or older and spouse is deceased); up to $5,000 of unused portion of homestead may be applied to any property

Vehicle

Motor vehicle to $3,500

Wages

Earned but unpaid wages received 60 days before filing for bankruptcy, needed for support

Personal property & Tools of Trade

Animals, crops, musical instruments, books, clothing, appliances, household goods & furnishings to $5,500 total; may add $1,000 per dependent, up to $4,000 total additional (all property must have been purchased at least 90 days before filing)
Implements, books, & tools of trade to $2,000


WildCard

$5,000 less any amount claimed for homestead or burial exemption, of any property
$500 of any personal property

More info About __ Bankrutpcy Exemptions including citations.

North Carolina Bankruptcy Courts

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