FEDERAL BANKRUPTCY EXEMPTIONS ARE AVAILABLE All law references are to Connecticut Bankruptcy Code. |
ASSET |
EXEMPTION |
LAW PROVISION |
HOMESTEAD
|
Real property, including mobile or manufactured home to $75,000 (Spouses may double) |
52-352b(t) |
INSURANCE |
Disability benefits paid by association for its members |
52-352b(p) |
Fraternal benefit society benefits |
38a-637 |
Health or disability benefits |
52-352b(e) |
Life insurance proceeds if clause prohibits proceeds from being used to pay beneficiary's creditors |
38a-454 |
Life insurance proceeds or avails |
38a-453 |
Un-matured life insurance policy loan value to $4,000 |
52-352b(s) |
MISCELLANEOUS |
Alimony, to extent wages exempt |
52-352b(n) |
Child support |
52-352b(h) |
Farm partnership animals and livestock feed reasonably required to run farm where at least 50% of partners are members of same family |
52-352d |
Property of business partnership |
34-63 |
PENSIONS |
ERISA-qualified benefits, to extent wages exempt (only payments being received) |
52-352b(m) |
Municipal employees |
7-446 |
Probate judges and employees |
45-29o |
State employees |
5-171, 5-192w |
Teachers |
10-183q |
PERSONAL PROPERTY |
Appliances, food, clothing, furniture and bedding needed |
52-352b(a) |
Burial plot |
52-352b(c) |
Health aids needed |
52-352b(f) |
Motor vehicle to $13,500 |
52-352b(j) |
Proceeds for damaged exempt property |
52-352b(q) |
Residential utility and security deposits for 1 residence |
52-352b(l) |
Wedding and engagement rings |
52-352b(k) |
PUBLIC BENEFITS |
Aid to blind, aged, disabled, AFDC |
52-352b(d) |
Crime victims’ compensation |
52-352b(o), 54-213 |
Social security |
52-352b(g) |
Unemployment compensation |
31-272(c), 52-352b(g) |
Veterans’ benefits |
52-352b(g) |
Vietnam veterans’ death benefits |
27-140I |
Wages from earnings incentive program |
52-352b(d) |
Workers’ compensation |
52-352b(g) |
TOOLS OF TRADE |
Arms, military equipment, uniforms, musical instruments of military personnel |
52-352b(I) |
Tools, books, instruments and farm animals needed |
52-352b(b) |
WAGES |
Minimum 75% of earned but unpaid wages |
52-361a(f) |
WILD CARD |
$1,075 of any property plus up to $10,125 of any amount of unused homestead exemption |
52-352b(r) |