Washington DC Bankruptcy Exemptions

The chart below contains a summary of Washington DC state bankruptcy exemptions and other relevant statutory laws.
Click here for complete State of Washington DC bankruptcy exemptions laws

Note: Federal bankruptcy exemptions are available.
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Personal exemptions allowed by Washington DC Bankruptcy Law

Note: Under the 2005 bankruptcy law, almost all types of tax-exempt retirement accounts are exempt in bankruptcy whether state or Federal exemptions are used. Exemptions for 401(k)s, 403(b)s, profit-sharing and money purchase plans, and defined benefit plans include the entire account amounts. However, with traditional and Roth IRAs, the exemption is limited to a total value of $1,171,650 per person for all accounts held by the debtor (not per account). The total value amount is adjusted every three years for inflation. The relevant statutes: 11 U.S.C. §522(d)(12) for Federal bankruptcy exemptions; 11 U.S.C. §522(b)(3)(C) for state bankruptcy exemptions.

Washington DC HomesteadUnlimited for any property used as a residence or co-op by debtor or debtor’s dependent15-501(a)(14)
WagesMinimum 75% of earned but unpaid wages, and pension payments. Bankruptcy judge may authorize more for low-income debtors.16-572
AutomobileUp to $2,57515-501(a)(1)
Other propertyLife insurance payments15-501(a)(11)
Alimony and child support15-501(a)(7)
Appliances, books, clothing, household furnishings, goods, musical instruments, pets to $425 per item, $8,625 total15-501(a)(2)
Health aids15-501(a)(6)
Cemetery and burial funds43-111
Tools of trade or business to $1,62515-501(a)(4)
WildcardUp to $850 in any property, and up to $8,075 of unused homestead exemption15-501(a)(3)

Note: While this reference information is current as of October 2010, it may not reflect the most up-to-date exemption figures on official state of Washington DC bankruptcy court statutes.

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