Nebraska District Court
District of NEBRASKA

P.O. Box 428 Downtown Station (68101)

215 N. 17th Street, Rm. 8400

Omaha, NE 68102

Telephone: 1-402-221-4687

Exemptions:

A debtor generally may claim exemption of his homestead up to a value allowed by law and certain personal property from execution of a judgment against him or in a bankruptcy proceeding. Nebraska statutes permits every citizen to claim exemption from execution or attachment his homestead up to a value of twelve thousand five hundred dollars ($12,500.00), (Section 40-101), and certain personal property up to a value of two thousand five hundred dollars ($2,500.00), except wages. (Section 25-1552.) Some of the property which may be subject to exemption includes the immediate personal possessions of the debtor and his family, wearing apparels, household furniture and furnishings up to an aggregate fair market value of one thousand five hundred dollars ($1,500.00), books or tools of trade or automobile up to an aggregate fair market value of two thousand four hundred dollars ($2,400.00). (Section 25-1556.)

While the federal Bankruptcy Code also provides certain exemptions, Nebraska does not permit the election of federal exemptions. (Section 25-15,105.) This means that a resident of Nebraska may only claim exemption of those property and to the extent as permitted under its statutes even if the exemption provided under the federal Bankruptcy Code may be more beneficial to the judgment debtor.

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