Idaho Bankruptcy Exemptions
Homestead
55-1003 - Real property or mobile home up to $50,000. Sale proceeds are
exempt for 6 months. If property is not yet occupied, must file homestead
declaration (55-1004).
Personal Property
11-603 - Health aids; burial plot.
11-604 - Personal injury and wrongful death recoveries needed for support.
College savings program account.
11-605 - Motor vehicle up to $3,000; jewelry up to $1,000; clothing, pets, 1
firearm, appliances, furnishings, books, musical instruments, family
portraits, and sentimental heirlooms up to $500 per item and $5,000 total;
crops cultivated by the debtor on up to 50 acres (including water rights up
to 160 inches) up to $1,000; any tangible personal property up to $800.
11-606 - Proceeds for damaged exempt property, for up to 3 months after
received.
45-514 - Building materials.
Wages
11-207 - Either a minimum of 75% of earned but unpaid wages or 30 times the
federal hourly minimum wage - whichever is greater; pension payments. Judge
may approve more for low income debtors.
Pensions
11-604 - Retirement plans, government and private pensions.
50-1517 - Police officers.
55-1011 - ERISA-qualified benefits.
59-1317 - Public employees.
72-1417 - Firefighters.
Public Benefits
11-603 - Unemployment compensation, Social Security, veterans' benefits, and
federal, state, and local public assistance.
56-223 - General assistance, and aid to blind, aged, and disabled.
72-802 - Workers' compensation.
Tools of Trade
11-605 - Tools, books and implements of trade up to $1,500; arms, uniforms,
and accoutrements required to be kept by peace officer, National Guard or
military personnel.
Alimony and Child Support
11-604 - Alimony and child support needed for support.
Insurance
11-603 - Medical or hospital care benefits.
11-604 - Life insurance proceeds for beneficiaries other than the insured.
11-605 - Unmatured life insurance contract, other than credit life insurance
contract; unmatured life insurance contract under which the insured is the
debtor or the debtor's dependent, up to $5,000.
41-1834 - Death and disability benefits.
41-1833 - Life insurance proceeds, dividends, interest, loan, cash or
surrender value if the insured is not the beneficiary.
41-1835 - Group life insurance benefits.
41-1836 - Annuity contract proceeds up to $1,250 per month.
41-1930 - Life insurance proceeds if policy prohibits use to pay creditors.
41-3218 - Fraternal benefit society benefits.
Misc.
23-514 - Liquor licenses.