Are you considering filing for Chapter 7 or Chapter 13 bankruptcy in Delaware? Although much of bankruptcy is governed by federal law, some bankruptcy-related information and law is specific to your state.
Below you’ll find Delaware-specific information on filing for bankruptcy as well as articles on the various Delaware bankruptcy exemptions. And for in-depth information on bankruptcy law and procedures, visit Nolo’s Bankruptcy Center.
Filing for Bankruptcy in Delaware
In this complete guide to filing bankruptcy in Delaware, you’ll learn about the differences between Chapters 7 and 13, the debts you can discharge, and the property you can keep using Delaware’s exemption laws. It also explains how to qualify for bankruptcy chapters 7 and 13 in Delaware, and includes checklists to help you navigate the process and organize bankruptcy documents, and links to a DIY bankruptcy quiz and other helpful resources.
The Delaware Homestead Exemption
If you file for bankruptcy in Delaware, the Delaware homestead exemption protects up to $125,000 of equity in your home.