Idaho Bankruptcy Laws & Exemptions
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Idaho Bankruptcy Laws

Considering Filing Bankruptcy in Idaho?

After you read the bankruptcy overview here, you can get additional information about Chapter 7 and Chapter 13 bankruptcy laws in Idaho by meeting with an Idaho bankruptcy lawyer.

A local Idaho bankruptcy lawyer can provide further details about how the state’s laws may apply to your case and may help you make a decision about how to proceed with your financial future.

To set up a consultation with a local Idaho bankruptcy attorney, simply fill out the below free bankruptcy case review form or call 877-349-1309.

Free Case Evaluation

Idaho Bankruptcy Law: Can It Help You?

When you meet with your bankruptcy lawyer for the first time, he or she will likely explain the difference between Chapter 7 and Chapter 13 bankruptcy.

Your bankruptcy lawyer may also need to ask you several personal questions to get specific information about your finances. The information you give your bankruptcy lawyer can help determine if filing Chapter 7 or Chapter 13 bankruptcy is right for you.

If you’re income can’t keep up with your bills, you may need serious debt relief. You have options. Learn how bankruptcy can help by speaking with a local bankruptcy attorney.

Chapter 7 bankruptcy is often referred to as “liquidation” because any non-exempt property that a debtor may own can be sold, or liquidated, by the Chapter 7 bankruptcy trustee.

In the majority of all Chapter 7 bankruptcy cases, the debtor does not own any non-exempt assets, so no property is sold.

Debtors who own little property may find Chapter 7 bankruptcy an attractive option because many unsecured debts, such as credit cards or payday loans, could be eliminated.

If you are considering filing Chapter 7 bankruptcy you should make it a priority to discuss which and how much of your property could be exempt from liquidation with your bankruptcy attorney.


  • The total net value of the home, lands, and/or mobile home and improvements up to $100,000


  • 75 percent of your wages.


  • $7,000 for an automobile.

Personal Property

  • $1,000 for jewelry.
  • $2,500 for implements, professional books and tools of the trade.
  • $750 per item, not to exceed a total of $7,500 for: household furnishings, goods, appliances, clothes, animals, books, musical instruments, family portraits and heirlooms.
  • Certain health aids and benefits may be exempt without limitation.

Chapter 13 bankruptcy is generally called “reorganization.” Debtors who have a large amount of assets may be able to keep most of their property by filing Chapter 13 bankruptcy.

Under Chapter 13 bankruptcy, debtors are required to create a 3-5 year repayment plan to submit to the bankruptcy court for approval. The repayment plan gives the debtor breathing room and allows time to catch up on past due bills.

Ask an Idaho Bankruptcy Lawyer if Filing Bankruptcy Can Help You

Idaho bankruptcy laws can make it seem as if filing bankruptcy is a daunting task. But it doesn’t have to be. If you have any confusion about the laws, consider having an Idaho bankruptcy lawyer answer your questions. These answers may help you make informed decisions about how to proceed, and which debt relief options are right for you.

Total Bankruptcy makes it easy to find an Idaho bankruptcy lawyer. Simply fill out the free case review or call 877-349-1309, and we’ll immediately put you in touch with a local sponsoring bankruptcy lawyer.

Note: Keep in mind all laws are complex. If you need legal advice or want to fully understand how these laws affect you, please speak with a local attorney.

Laws may have changed since our last update. For the latest information on your state's bankruptcy laws, speak to a local bankruptcy lawyer.

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