- In the state of Rhode Island, you may choose to use the Federal Bankruptcy Exemptions in lieu of the state exemptions. Or, if you choose to use the Rhode Island exemptions, you may add the Federal Supplemental Exemptions.
Homestead Exemption
- There is no homestead exemption in Rhode Island.
Insurance Exemption
- Life insurance proceeds if clause prohibits use to pay off creditors
- Fraternal benefit society benefits
- Accident or illness benefits or proceeds.
Pensions for public employees, public employees, state & municipal employees, firefighters and police, IRAs & ERISA. Aid for the blind, aged or disabled and AFDC. Veterans’ disability or survivors’ benefits. Unemployment compensation. Worker’s compensation.
Personal Property
- Books & Bibles to $300
- Beds, bedding, furniture and stores of a housekeeper to $1,000
- Clothing needed
- Burial plot & body of a deceased person
- Debt secured by a promissory note
- Consumer cooperative association holdings up to $50
- Tools of trade to $500
- Professional library (if person actively pursuing profession)
