Federal Forms Updated:
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Median Family Income Updated:
The median family income used to calculate Part 2 of Bankruptcy Form 122A-1 and Part 2 of Bankruptcy Form 122C-1 as provided by the Census Bureau Data.
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Federal Exemptions Updated:
Homestead
Old: $23,675
New: $25,150
Automobile
Old: $3,775
New: $4,000
Household (per item)
Old: $600
New: $625
Household (Aggregate)
Old: $12,625
New: $13,400
Jewelry
Old: $1,600
New: $1,700
Jewelry
Old: $1,600
New: $1,700
Wildcard
Old: $1,250
New: $1,325
Wildcard (Homestead Carryover)
Old: $11,850
New: $12,575
Tools of Trade
Old: $2,375
New: $2,525
Life Insurance
Old: $12,625
New: $13,400
Personal Injury
Old: $23,675
New: $25,150
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Ohio Exemptions Updated:
Homestead
Old: $136,925
New: $145,425
Automobile
Old: $3,775
New: $4,000
Cash on Hand
Old: $475
New: $500
Household (per item)
Old: $600
New: $625
Household (Aggregate)
Old: $12,625
New: $13,400
Jewelry
Old: $1,600
New: $1,700
Tools and Books of Trade
Old: $2,400
New: $2,550
Personal Injury
Old: $23,700
New: $25,175
Wildcard
Old: $1,250
New: $1,325
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California Exemptions Updated:
§703:
Homestead
Old: $26,800
New: $29,275
Automobile
Old: $5,350
New: $5,850
Household (per item)
Old: $675
New: $725
Jewelry
Old: $1,600
New: $1,750
Tools and Books of Trade
Old: $8,000
New: $8,725
Personal Injury
Old: $26,800
New: $29,275
Wildcard
Old: $1,425
New: $1,550
Life Insurance
Old: $14,325
New: $15,650
§704:
Automobile
Old: $3,050
New: $3,325
Residential Building Materials (per item)
Old: $3,200
New: $3,500
Jewelry
Old: $8,000
New: $8,725
Tools of Trade
Old: $8,000
New: $8,725
Public Benefits (single payee)
Old: $1,600
New: $1,750
Public Benefits (joint payee)
Old: $2,375 $2,600
New: $2,600
Social Security (single payee)
Old: $3,200
New: $3,500
Social Security (joint payee)
Old: $4,800
New: $5,250
Inmate Trust Account
Old: $1,600
New: $1,750
Life Insurance
Old: $12,800
New: $13,975