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North Dakota Bankruptcy Exemption Information

When a debtor files for bankruptcy, he or she is appointed a trustee who will determine if there are any assets available for liquidation. Bankruptcy trustees must keep abreast of those assets that are protected by law; our quick reference guide provides a list of some of the North Dakota bankruptcy exemptions that are claimed most commonly.

Homestead

$80,000 homestead exemption.

Wages

75 percent of weekly earnings exempt.

Automobiles

One motor vehicle not to exceed $1,200; $32,000 for a vehicle that has been modified at a cost of not less than $1,500 to accommodate an individual with a permanent physical disability who is the owner of that motor vehicle.

Other Property

All family pictures; one church pew; one burial ground; family Bible and books not exceeding $100; clothing; food and fuel for one year; crops and grain; all other personal property including money not to exceed $5,000.

Note: Exemptions may have changed since our last update.

» Read the complete North Dakota bankruptcy exemptions here
» Back to Bankruptcy Laws In Your State