Rhode Island Bankruptcy Exemptions Increased for Tools of the Trade and Wildcard
Effective July 17, 2013 two of the Rhode Island bankruptcy exemption dollar amounts increased. They are:
- Working tools. The exemption increased from $1,500 to $2,000
- Wildcard. The Exemption increased from $5,000 to $6,500.
For a list of the most common exemptions in Rhode Island, see Rhode Island Bankruptcy Exemptions.
Effective date: January 24, 2014