Louisiana Bankruptcy Exemption Information
Bankruptcy trustees must evaluate their debtors' assets to find if any property qualifies for liquidation. Louisiana bankruptcy exemptions may differ from those offered by other states; our quick reference page offers you a list of some of the most frequently claimed exemptions in the state.
Homestead
Up to $25,000 in value is exempt.
Wages
75 percent of disposable earnings.
Automobiles
Up to $7,500 for one motor vehicle.
Other Property
100 percent of the value of tools, instruments, and books used in a trade
or business; 100 percent of the value clothing, furniture, appliances, and
related household items; and $5,000 in the value of wedding and engagement
rings.
Note: Exemptions may have changed since our last update.
» Read the complete Louisiana bankruptcy
exemptions here
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