Wisconsin Bankruptcy Exemption Information
A bankruptcy trustee is responsible for examining the property and assets of his or her claimants to judge whether or not anything qualifies for liquidation. Check our convenient quick reference guide to review some of the Wisconsin bankruptcy exemptions claimed most typically in the state's bankruptcy cases.
Homestead
$40,000 homestead exemption.
Wages
75 percent of income or 30 times the greater of the state or federal minimum
wage.
Automobiles
$1,200 for one motor vehicle plus any unused portion of the household
goods exemption.
Other Property
Household goods and furnishings, clothing, keepsakes, jewelry and other articles
of personal adornment, appliances, books, musical instruments, firearms,
sporting goods, animals or other tangible personal property not to exceed $5,000
in aggregate value; $7,500 in equipment, inventory, farm products and
professional books used in a trade or business.
Note: Exemptions may have changed since our last update.
» Read the complete Wisconsin bankruptcy
exemptions here
» Click Here to read the Federal bankruptcy
exemptions.
» Back to Bankruptcy Laws In Your State