New Hampshire Bankruptcy Exemption Statutes

Although the state does not expressly authorize a wild card exemption to exempt cash and other traditionally nonexempt property, the homestead provision of the New Hampshire bankruptcy exemptions does provide a modest amount of head room. With a $30,000 limit, federal preemption under the new value caps is not and issue. All attached personal property becomes part of land, so long as permanently affixed, and all improvements, appurtenances, and fixtures attached to buildings are also included. Should you have additional questions, ask local New Hampshire bankruptcy lawyers or law firms about state real estate law.

When filing Chapter 7, most New Hampshire bankruptcy attorneys provide notice to all listed creditors. One of the most common mistakes made by creditors is their failure to list all creditors. Omitted creditors, even though omission results from negligent or innocent errors, prevents discharge of underlying debts owed to the omitted creditors.

See also: New Hampshire Homestead Exemption.