Washington Bankruptcy Exemptions |
Homestead | $125,000 |
Wearing Apparel | $1,000 |
Furs, jewelry, and personal ornaments for any individual, private libraries | $1,500 |
Family pictures and keepsakes | $1,500 |
Household goods, appliances, furniture, and home and yard equipment, | $2,700 |
Other personal property | $2,000 |
Motor vehicle | $2,500 |
Cash or bank accounts | $100 |
Two motor vehicles, farmer's equipment and tools | $5,000 |
Professional library, office furniture, office equipment and supplies | $5,000 |
Tools of trade | $5,000 |
Federal Bankruptcy Exemptions |
Homestead | $20,200* |
Life insurance policy with loan value, in accrued dividends or interest | $9,850 |
$475 per item in any household goods up to a total of $9,850; | $9,850 |
Jewelry | $1,225 |
Motor vehicle | $3,225 |
Personal injury compensation payments | $18,450 |
Tools of trade - books and equipment | $1,850 |
Wild Card • $925 of any property | $925 |
* unused portion of homestead to $10,125 may be applied to any property