Bankruptcy exemptions allow a debtor to protect property needed to work and live after a bankruptcy proceeding. New Hampshire has increased its motor vehicle exemption effective October 1, 2019. A motor vehicle exemption protects the equity in the filer's automobile.
Bankruptcy exemptions change regularly. Take steps to avoid property loss by verifying all bankruptcy exemption amounts through independent research or by consulting with a local bankruptcy attorney.
Effective date: October 1, 2019