Rhode Island Bankruptcy Exemptions

Homestead

9-26-4.1 - $300,000 occupied or inteded to be occupied as primary residence.

Personal Property

7-8-25 - Consumer cooperative association holdings up to $50.

9-26-4 - All motor vehicles up to $10,000 total; clothing needed; furniture, beds and bedding, household goods and supplies up to $8,600 total; jewelry up to $1,000 total; books up to $300 total; burial plot; debt owed to you which is secured by a promissory note or bill of exchange; and prepaid tuition accounts.

Wages

9-26-4 - Earned but unpaid wages up to $50; wages of spouse; earned but unpaid wages of a seaman, or if you have received welfare during the year prior to filing for bankruptcy; wages paid to the poor by a charitable organization; earnings of a minor child.

30-7-9 - Earned but unpaid wages of a military member on active duty.

Pensions

11 U.S.C. § 522 - Tax exempt retirement accounts; Traditional and Roth IRAa up the $1,095,000 per person.

9-26-4 - ERISA-qualified benefits; IRAs and Roth IRAs.

9-26-5 - Police officers and firefighters.

28-17-4 - Private employees.

36-10-34 - State and municipal employees.

Public Benefits

12-25.1-3 - Crime victim's compensation.

28-33-27 - Workers' compensation.

28-41-32 - State disability benefits.

28-44-58 - Unemployment compensation.

30-7-9 - Veterans' disability or survivor benefits.

40-5.1-15 - Family assistance benefits.

40-6-14 - General assistance; aid to blind, aged, and disabled.

Tools of Trade

9-26-4 - Working tools up to $1,200; library of a professional in practice.

Insurance

27-4-12 - Life insurance proceeds if policy prohibits use to pay creditors.

27-18-24 - Accident or illness proceeds, benefits, dividends, interest, loan, cash, or surrender value.

27-25-18 - Fraternal benefit society benefits.

28-41-32 - Temporary disability insurance.

Miscellaneous

7-12-36 - Business partnership property.

Other - Add any applicable Federal Nonbankruptcy Exemptions

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