Nebraska Bankruptcy Exemptions - All Categories

 

A detailed listing of state and federal exemption laws, with statutory citations.

ADVERTISEMENT -
AD_GOOGLE_2_RESPONSIVE_PRE_CONTENT

.
 

Nebraska Exemptions Summary:

Homestead

$60,000 for head of family or unmarried person age 65 or over; cannot exceed 2 lots in city or village, 160 acres elsewhere; sale proceeds exempt 6 months after sale (husband & wife may not double)

Vehicle Exemption

Motor vehicle if used to commute to work (as part of $5,970 tools of trade exemption)

Personal Property

Furniture, household goods & appliances, household electronics, personal computers, books, & musical instruments to $3,582 
Equipment or tools including a vehicle used in/or for commuting to principal place of business to $5,970 (husband & wife may double)

Wild Card

$5,970 of any personal property, except wages, in lieu of homestead


ADVERTISEMENT -



Jurisdictional relevance: ST

There are versions of this article for each State.