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| Attention: All 94-bankruptcy
districts charge the same filing fees. Chapter 7: $306 Chapter 13: $281 |
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NEVADA EXEMPTION LISTHow to use this table of exemptions, by Attorney Thomas A. Prediletto. The following is a summary of the Nevada exemptions that can be claimed (used) to exempt both your real and personal property in a bankruptcy petition. However, if your residence has not been continuously in the state of Nevada for the two years prior to filing a bankruptcy petition, there are laws that apply as to which state or federal exemptions may be used. Exempt property of a debtor is property of the debtor that is not available to be used (sold) to pay his/her unsecured creditors and is not subject to the claims of unsecured creditors, but may be subject to the rights of secured creditors and lien holders. When reviewing the list for exemptions for your own property you should be aware that there may not be a “matching” exemption. Some state exemptions contain a “wildcard” which can be used if a matching exemption cannot be found in the list of exemptions. Also, an individual must own an interest in the property to claim the property as exempt. The debtor may exempt the equity (value of property less the total amount owed against it) however; any equity value in the property above the exemption amount may be subject to the claims of unsecured creditors. By way of example, if you own a home worth $250,000 and owe a total of $200,000 against it (combining all mortgage/home equity lines of credit and/or liens against the property) the amount of equity you would need to protect is $50,000. So long as the homestead exemption is more than $50,000 the full amount of the equity is exempt and not subject to the claims of your unsecured creditors. In the alternative, say the home is worth $250,000 and you only owe $100,000 against it, anything over the exemption amount is subject to the claims of the unsecured creditors. The same type example would apply to a motor vehicle, though the exemption for a motor vehicle is less than the amount of the exemption for a home. Please note that all of the exemptions may be doubled if a married couple is filing, with the exception of the homestead exemption. To view Nevada exemption list and amounts available, click here or scroll down the page. To view Nevada Codes, visit Justia US Laws - Nevada Code. |
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| Description | LAW |
Max Individual Amount |
Max Joint Amount |
| All Arms, Uniforms Req. By Law & 1 Gun | NRS § 21.090(1)(i) | UNLIMITED | |
| Annuity Contract Proceeds- $350/month | NRS § 687B.290 | UNLIMITED | |
| Any Personal Property | NRS § 21.090(1)(z) | $1,000.00 | $2,000.00 |
| Benefits and Payments Received under Social Security Act | NRS § 21.090(1)(y) | UNLIMITED | |
| Cabin, Dwelling, Cars, Mining Claim | NRS § 21.090(1)(e) | $4,500.00 | $9,000.00 |
| Court Ordered Alimony Payments | NRS § 21.090(1)(t) | UNLIMITED | |
| Court Ordered Child Support Payments | NRS § 21.090(1)(s) | UNLIMITED | |
| Disposable Earnings | NRS § 21.090(1)(g) | UNLIMITED | |
| Earned Income Tax Credit | NRS § 21.090(1)(aa) | UNLIMITED | |
| Equipment Prosthesis Prescribed by Doctor or Dentist | NRS § 21.090(1)(q) | UNLIMITED | |
| Escrow Funds Of Escrow Agent | NRS § 645A.170 | UNLIMITED | |
| Escrow Funds of Mortgage Broker/Agent | NRS §§ 645B.180, 645E.440 | UNLIMITED | |
| Escrow Funds of Title Insurer/Agent | NRS § 692A.250 | UNLIMITED | |
| Family Pictures And Keepsakes | NRS § 21.090(1)(a) | UNLIMITED | |
| Farm Truck, Stock, Tools, Equip, Etc. | NRS § 21.090(1)(c) | $4,500.00 | $9,000.00 |
| Fire Company's Engine, Trucks, Ladders, Apparatus | NRS § 21.090(1)(h) | UNLIMITED | |
| Fraternal Benefit Society Benefits | NRS § 695A.220 | UNLIMITED | |
| Government Property, Courthouse, Jails, Public Buildings | NRS § 21.090(1)(j) | UNLIMITED | |
| Health/Disability Insurance Proceeds | NRS § 687B.270 | UNLIMITED | |
| Homestead | NRS § 21.090(1)(m) | $275,000.00 | $550,000.00 |
| Household Gds, Furn., Elec., Apparel, Pers. Eff., Yard Equip | NRS § 21.090(1)(b) | $12,000.00 | $24,000.00 |
| Industrial Insurance Compensation | NRS § 616C.205 | UNLIMITED | |
| Judicial Retirement Benefits | NRS § 1A.120 | UNLIMITED | |
| Life Insurance Proceeds | NRS § 687B.260 | UNLIMITED | |
| Life Insurance Proceeds - Group | NRS § 687B.280 | UNLIMITED | |
| Mineral Coll., Art, Skeletal Remains | NRS § 21.100 | UNLIMITED | |
| Money, Benefits, Priv From Life Ins. | NRS § 21.090(1)(k) | UNLIMITED | |
| One Vehicle | NRS § 21.090(1)(f) | $15,000.00 | $30,000.00 |
| Payments Received as Compensation for Loss of Future Earning | NRS § 21.090(1)(w) | UNLIMITED | |
| Payments Received as Compensation for Wrongful Death | NRS § 21.090(1)(v) | UNLIMITED | |
| Payments Received as Restitution for a Criminal Act | NRS § 21.090(1)(x) | UNLIMITED | |
| Personal Injury Compensation | NRS § 21.090(1)(u) | $16,150.00 | $32,300.00 |
| Prepaid Funeral Trust Funds | NRS §689.700 | UNLIMITED | |
| Private Libraries, Works of Art, Musical Instruments, Jewelry | NRS § 21.090(1)(a) | $5,000.00 | $10,000.00 |
| Property Held In Spendthrift Trust | NRS § 21.080.2 | UNLIMITED | |
| Public Assistance Payments | NRS § 422.291, 615.270 | UNLIMITED | |
| Public Services - Children | NRS § 432.036 | UNLIMITED | |
| Qualified Pension or Stock Bonus Plan | NRS § 21.090(1)(r ) | $250,000.00 | $500,000.00 |
| Real Property, Public Housing Authority, etc | NRS § 315.310, 315.992 | UNLIMITED | |
| Rental Deposits | NRS § 21.090(1)(n) | UNLIMITED | |
| Retirement Benefits - Public Employees | NRS § 286.670 | UNLIMITED | |
| Specific Partnership Property | NRS § 87.250(2c) | UNLIMITED | |
| Spendthrift Trust Payments | NRS § 166.120, 21.090(1)(cc) | UNLIMITED | |
| Tools Of Trade - Books, Equipment, Supplies, Inventory | NRS § 21.090(1)(d) | $10,000.00 | $20,000.00 |
| Unemployment Compensation Benefits | NRS § 612.710, 616C.205 | UNLIMITED | |
| Vehicle for Disable Person | NRS § 21.090(1)(p) | UNLIMITED | |
| Vocational Rehabilitation Grants for Handicapped | NRS § 615.270 | UNLIMITED |
