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.

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.