| UNITED STATES BANKRUPTCY COURTS | ||||||
| State Of New Hampshire | ||||||
| Exemptions Are Illustrated Below Courts | ||||||
|
||||||
|
||||||
|
| Exemptions:
In general, a debtor may claim exemption of homestead and certain personal property from attachment or execution or forced sale for the payment of debts. New Hampshire permits homestead exemption up to a value of $30,000. The homestead right may include manufactured housing, which is owned and occupied as a dwelling by the debtor but does not include the land upon which the manufactured housing is situated if the land is not also owned by the owner the manufactured housing. (§ 480:1.) Personal property and goods which may be exempted from attachment and execution may include wearing apparel necessary for the use of the debtor and his family; comfortable beds, bedsteads and bedding necessary for the debtor, his wife and children; household furniture to the value of $3,500; one cook stove, one heating stove and one refrigerator and necessary utensils belonging to the same; one sewing machine, kept for use by the debtor or his family; provisions and fuel to the value of $400; uniform, arms and equipment of every officer and private in the militia; bibles, school books and library of any debtor, used by him or his family, to the value of $800; tools of the debtor's occupation to the value of $5,000; one hog and one pig, and the pork of the same when slaughtered; Six sheep and the fleeces of the same; one cow; a yoke of oxen or a horse, when required for farming or teaming purposes or other actual use; and hay not exceeding 4 tons; domestic fowls not exceeding $300 in value; the debtor's interest in one pew in any meeting house in which he or his family usually worship; the debtor's interest in one lot or right of burial in any cemetery; one automobile to the value of $4,000; jewelry owned by the debtor or his family to the value of $500; the debtor's interest in any property, not to exceed $1,000 in value, plus up to $7,000 of any unused amount of the exemption provided under paragraphs III, VI, VIII, IX, XVI, and XVII of section 511:2. |
| Links to New Hampshire laws, government agencies, and organizations are included here. Always discuss actual cases with your actual legal advisor or legal department. The New Hampshire Bar Association is linked here. |
Lawdog assumes no responsibility for links away from this site. Copyright © 1996-2000 by LAWDOG.COM Publishing, Inc |