Are you considering filing for Chapter 7 or Chapter 13 bankruptcy in Maine? Although much of bankruptcy is governed by federal law, some bankruptcy-related information and law is specific to your state.
Below you’ll find Maine-specific information on filing for bankruptcy as well as articles on the various Maine bankruptcy exemptions. And for in-depth information on bankruptcy law and procedures, visit Nolo’s Bankruptcy Center.
If you file for bankruptcy in Maine, the homestead exemption protects between $80,000 and $160,000 of your home equity.