Bankruptcy in Alabama (2026): Exemptions & Means Test
Alabama bankruptcy guide: the state opts out of federal exemptions, an $18,800 homestead (4/1/24), the means-test median income for 2026, and where to file.
6 min read
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Bankruptcy Laws
52 articles
Bankruptcy in Alaska (2026): Exemptions & Means Test
Alaska bankruptcy guide: filers may choose state or federal exemptions, a $72,900 homestead, the 2026 means-test median income, and the District of Alaska
7 min read
Bankruptcy in Arizona (2026): Exemptions & Means Test
Arizona bankruptcy guide: the state opts out of federal exemptions, a $400,000 homestead, the 2026 means-test median income, and the District of Arizona court.
7 min read
Bankruptcy in Arkansas (2026): Exemptions & Means Test
Arkansas bankruptcy guide: filers may choose federal or state exemptions, the constitutional homestead is acreage-limited but value-unlimited, plus the 2026
7 min read
Bankruptcy in California (2026): Exemptions & Means Test
California bankruptcy guide: the state opted out of federal exemptions but offers two systems (CCP 704 vs 703.140), a high inflation-indexed homestead, plus
8 min read
Bankruptcy in Colorado (2026): Exemptions & Means Test
Colorado bankruptcy guide: the state opted out of federal exemptions, the homestead is $250,000 (or $350,000 elderly/disabled), plus the 2026 means-test median
7 min read
Bankruptcy in Connecticut (2026): Exemptions & Means Test
Connecticut bankruptcy: filers may choose state or federal exemptions, a $250,000 homestead (Conn. Gen. Stat. 52-352b), the means test, and where to file.
7 min read
Bankruptcy in DC (2026): Exemptions & Means Test
DC bankruptcy guide: choose state or federal exemptions, an unlimited homestead under D.C. Code 15-501(a)(14), the 522(p) cap, plus 2026 means-test income.
7 min read
Bankruptcy in Delaware (2026): Exemptions & Means Test
Delaware bankruptcy: the state opted out of federal exemptions, a $200,000 homestead (10 Del. C. 4914), the means-test median income, and where to file.
7 min read
Bankruptcy in Florida (2026): Exemptions & Means Test
Florida bankruptcy: opted out of federal exemptions, the unlimited homestead with acreage limits and the 522(p) cap, plus current means-test figures.
7 min read
Bankruptcy in Georgia (2026): Exemptions & Means Test
How bankruptcy works in Georgia: the state's opt-out exemptions under O.C.G.A. 44-13-100, the homestead and wildcard amounts, the means-test median income, and
6 min read
Bankruptcy in Hawaii (2026): Exemptions & Means Test
How bankruptcy works in Hawaii: filers may choose state or federal exemptions, the homestead and vehicle amounts under HRS chapter 651, the means-test median
6 min read
Bankruptcy in Idaho (2026): Exemptions & Means Test
How bankruptcy works in Idaho: the state's opt-out exemptions, the $175,000 homestead under Idaho Code 55-1003, the vehicle and wildcard amounts, the
6 min read
Bankruptcy in Illinois (2026): Exemptions & Means Test
Illinois bankruptcy: opted out of federal exemptions, the new $50,000 homestead under 735 ILCS 5/12-901 (2026), vehicle and wildcard amounts, means test.
7 min read
Bankruptcy in Indiana (2026): Exemptions & Means Test
Indiana bankruptcy: opted out of federal exemptions, the $22,750 homestead under IC 34-55-10-2 (indexed every six years), and current means-test income figures.
7 min read
Bankruptcy in Iowa (2026): Exemptions & Means Test
Iowa bankruptcy: opted out of federal exemptions, an unlimited homestead under Iowa Code 561 (acreage limits), the $7,000 vehicle exemption, and the means test.
8 min read
Bankruptcy in Kansas (2026): Exemptions & Means Test
Kansas bankruptcy guide: the state opted out of federal exemptions, offers an effectively unlimited homestead (with acreage limits), a $20,000 vehicle
7 min read
Bankruptcy in Kentucky (2026): Exemptions & Means Test
Kentucky bankruptcy guide: filers may choose state or federal exemptions, the state homestead is only $5,000, the vehicle exemption is $2,500, plus current
8 min read
Bankruptcy in Louisiana (2026): Exemptions & Means Test
Louisiana bankruptcy guide: the state opted out of federal exemptions, offers a $35,000 homestead, a $7,500 vehicle exemption, plus current means-test income
8 min read
Bankruptcy in Maine (2026): Exemptions & Means Test
Maine bankruptcy guide: the state opted out of federal exemptions, a homestead up to $94,300 under 14 M.R.S. 4422, vehicle and wildcard limits, plus 2026
6 min read
Bankruptcy in Maryland (2026): Exemptions & Means Test
Maryland bankruptcy guide: the state opted out of federal exemptions, a homestead up to $31,575 under Cts. & Jud. Proc. 11-504, a $6,000 wildcard, plus 2026
7 min read
Bankruptcy in Massachusetts (2026): Exemptions & Means Test
Massachusetts bankruptcy guide: filers choose federal or state exemptions, a declared homestead up to $1,000,000 under M.G.L. c. 188, the automatic $125,000
7 min read
Bankruptcy in Michigan (2026): Exemptions & Means Test
Michigan bankruptcy guide: choose state or federal exemptions, an inflation-adjusted homestead up to $51,150 under MCL 600.5451, plus 2026 means-test income.
7 min read
Bankruptcy in Minnesota (2026): Exemptions & Means Test
Minnesota bankruptcy guide: choose state or federal exemptions, a high $510,000 homestead under Minn. Stat. 510.02, plus 2026 means-test income.
7 min read
Bankruptcy in Mississippi (2026): Exemptions & Means Test
Mississippi bankruptcy guide: the state opted out of federal exemptions, a fixed $75,000 homestead under Miss. Code 85-3-21, plus 2026 means-test income.
7 min read
Bankruptcy in Missouri (2026): Exemptions & Means Test
Missouri bankruptcy guide: the state opted out of federal exemptions, a fixed $15,000 homestead under RSMo 513.475, plus the April 2026 means-test income.
7 min read
Bankruptcy in Montana (2026): Exemptions & Means Test
Montana bankruptcy guide: the state opted out of federal exemptions, a $425,827 (2026) indexed homestead under MCA 70-32-104, plus the April 2026 means test.
7 min read
Bankruptcy in Nebraska (2026): Exemptions & Means Test
Nebraska bankruptcy guide: the state opted out of federal exemptions, a $120,000 homestead under Neb. Rev. Stat. 40-101, plus the April 2026 means test.
7 min read
Bankruptcy in Nevada (2026): Exemptions & Means Test
Nevada bankruptcy: the state opted out of federal exemptions, a $605,000 homestead (NRS 115.010), a $15,000 vehicle, the 2026 means test, and where to file.
7 min read
Bankruptcy in New Hampshire (2026): Exemptions & Means Test
New Hampshire bankruptcy: choose state or federal exemptions, a homestead raised to $400,000 (RSA 480:1, eff. Jan. 1, 2026), the 2026 means test, and filing.
7 min read
Bankruptcy in New Jersey (2026): Exemptions & Means Test
New Jersey bankruptcy: choose state or federal exemptions, no state homestead so filers use the federal $31,575 homestead, the 2026 means test, and filing.
7 min read
Bankruptcy in New Mexico (2026): Exemptions & Means Test
New Mexico bankruptcy guide: filers may choose federal or state exemptions, the homestead is $150,000, plus the April 2026 means-test median income.
7 min read
Bankruptcy in New York (2026): Exemptions & Means Test
New York bankruptcy guide: filers may choose federal or state exemptions, the homestead is tiered by county up to $204,825, plus the 2026 means test.
7 min read
Bankruptcy in North Carolina (2026): Exemptions & Means Test
North Carolina bankruptcy guide: the state opted out of federal exemptions, the homestead is $35,000, plus the April 2026 means-test median income.
7 min read
Bankruptcy in North Dakota (2026): Exemptions & Means Test
North Dakota bankruptcy guide: the state opted out of federal exemptions, protects up to $150,000 of home equity, exempts a vehicle and personal property, and
7 min read
Bankruptcy in Ohio (2026): Exemptions & Means Test
Ohio bankruptcy guide: the state opted out of federal exemptions, indexes its homestead exemption to $182,625, exempts a vehicle and household goods, and uses
8 min read
Bankruptcy in Oklahoma (2026): Exemptions & Means Test
Oklahoma bankruptcy guide: the state opted out of federal exemptions, offers an unlimited-value homestead (acreage-limited), a $7,500 vehicle exemption, and
8 min read
Bankruptcy in Oregon (2026): Exemptions & Means Test
Oregon bankruptcy guide: choose state or federal exemptions, a homestead up to $150,000 under ORS 18.395, a $10,000 vehicle exemption, plus 2026 means-test
7 min read
Bankruptcy in Pennsylvania (2026): Exemptions & Means Test
Pennsylvania bankruptcy guide: choose state or federal exemptions. PA has no state homestead, so home equity is protected by the federal $31,575 homestead.
7 min read
Bankruptcy in Rhode Island (2026): Exemptions & Means Test
Rhode Island bankruptcy guide: choose state or federal exemptions, a $500,000 homestead under R.I. Gen. Laws 9-26-4.1, a $12,000 vehicle exemption, plus 2026
7 min read
Bankruptcy in South Carolina (2026): Exemptions & Means Test
South Carolina bankruptcy guide: the state opted out of federal exemptions, a homestead near $76,125 (indexed), motor-vehicle and wildcard limits, and the 2026
6 min read
Bankruptcy in South Dakota (2026): Exemptions & Means Test
South Dakota bankruptcy guide: the state opted out of federal exemptions, an unlimited-value homestead limited by acreage, personal-property limits, and the
6 min read
Bankruptcy in Tennessee (2026): Exemptions & Means Test
Tennessee bankruptcy guide: the state opted out of federal exemptions, a $35,000 homestead ($52,500 joint, since 2022), the $10,000 personal-property wildcard
6 min read
Bankruptcy in Texas (2026): Exemptions & Means Test
Texas bankruptcy guide: filers may choose state or federal exemptions, an unlimited homestead with acreage limits and the 522(p) cap, plus 2026 means-test
7 min read
Bankruptcy in Utah (2026): Exemptions & Means Test
Utah bankruptcy guide: Utah opted out of the federal exemptions, the inflation-indexed homestead under 78B-5-503, a $3,000 vehicle exemption, and 2026
7 min read
Bankruptcy in Vermont (2026): Exemptions & Means Test
Vermont bankruptcy guide: filers may choose state or federal exemptions, a $125,000 homestead under 27 V.S.A. 101, a vehicle and wildcard exemption, and 2026
7 min read
Bankruptcy in Virginia (2026): Exemptions & Means Test
Virginia opted out of federal exemptions: a $50,000 homestead claimed by homestead deed under Va. Code 34-4, vehicle exemption, plus the 2026 means-test income.
7 min read
Bankruptcy in Washington (2026): Exemptions & Means Test
Washington filers choose state or federal exemptions: a homestead of the greater of $125,000 or the county median price (RCW 6.13.030), plus 2026 means test.
7 min read
Bankruptcy in West Virginia (2026): Exemptions & Means Test
West Virginia filers choose state or federal exemptions: a $35,000 homestead under W. Va. Code 38-10-4, vehicle and wildcard exemptions, plus 2026 means test.
7 min read
Bankruptcy in Wisconsin (2026): Exemptions & Means Test
Wisconsin bankruptcy guide: choose state or federal exemptions, a $75,000 homestead under Wis. Stat. 815.20, vehicle limits, plus 2026 means-test income.
7 min read
Bankruptcy in Wyoming (2026): Exemptions & Means Test
Wyoming bankruptcy guide: opted out of federal exemptions, a $100,000 homestead per person under Wyo. Stat. 1-20-101, plus 2026 means-test income.
7 min read
Bankruptcy Laws by State (2026): Exemptions & Means Test
How Chapter 7 and Chapter 13 bankruptcy work, plus a state-by-state guide to exemptions, opt-out status, and the means-test median income across all 50 states
10 min read