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Oregon Bankruptcy Info

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Oregon Bankruptcy Information

Eugene  .  Portland  . 

Oregon Median Income Standards

 

Oregon Bankruptcy Exemptions

Oregon Homestead

Real property, mobile home or houseboat you occupy or intend to occupy to $40,000 ($50,000 for joint owners); property cannot exceed 1 block in town or city or 160 acres elsewhere; sale proceeds exempt 1 year from sale, if you intend to purchase another home

Vehicle

Motor vehicle to $3,000 (husband & wife may double)

Wages

75% of disposable wages or $170 per week, whichever is greater; bankruptcy judge may authorize more for low-income debtors

Personal property & Tools of Trade

Clothing, jewelry, & other personal items to $1,800 total (husband & wife may double)
Bank deposits to $7,500; cash for sold exempt property
Books, pictures, & musical instruments to $600 total (husband & wife may double)
Domestic animals, poultry, & pets to $1,000 plus food to last 60 days
Furniture, household items, utensils, radios, & TVs to $3,000 total
Pistol; rifle or shotgun (owned by person over 16) to $1,000

WildCard

$400 of any personal property not already covered by existing exemption (husband & wife may double)

More info About __ Bankrutpcy Exemptions including citations.

Oregon Bankruptcy Courts

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