- In West Virginia, you may use the Federal Supplemental bankruptcy exemptions in conjunction with the West Virginia state bankruptcy exemptions when filing. Please see the Federal supplemental guidelines for more information.
Homestead Exemption
- Real property used as residence up to $25,000; unused portion of this amount may be applied to any personal property.
Insurance Exemptions
- Unmatured life insurance contract’s accrued dividend or loan value to $8,000 if debtor owns contract
- Health or disability benefits
- Fraternal benefit society benefits
- Group life insurance policy or proceeds
- Life insurance payments from policy for person you depended on, needed for support
Pensions for public employees and teachers, ERISA. General assistance, aid to blind and disabled, Social Security. Unemployment compensation. Worker’s compensation. Veteran’s benefits.
Personal Property
- Clothing, crops, household goods & appliances, animals, books and musical instruments to $400 per item and $8,000 total.
- Burial plot up to $15,000 in lieu of homestead
- Jewelry to $1,000
- Personal injury recoveries to $15,000
- Automobile or truck to $2,400
- Tools of trade to $1,500
- $800 of any additional personal property
