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Bankruptcy in Nebraska: Exemptions and Filing Guide

State-specific bankruptcy exemptions and filing information for Nebraska. These exemptions determine what property you can keep when filing Chapter 7 bankruptcy.

Data last updated: Jan 15, 2025

Key Takeaways

  • Homestead exemption: $60,000.
  • Vehicle exemption: $2,400 (no specific vehicle exemption; use personal property).
  • Must use state exemptions (no federal option).
  • Attorney fees: $1,000–$1,800 (Ch. 7) / $2,500–$4,000 (Ch. 13) typical.
$60,000 Homestead exemption
$2,400 (no specific vehicle exemption; use personal property) Vehicle exemption
No Federal option
$338 (Chapter 7) / $313 (Chapter 13) Filing fee

Nebraska Bankruptcy Exemptions

  • Homestead$60,000
  • Vehicle$2,400 (no specific vehicle exemption; use personal property)
  • Personal property$2,500 in household goods; $1,500 clothing
  • Wildcard$2,500
  • Federal exemptionsNot available

Means Test: Nebraska Median Income

To qualify for Chapter 7 in Nebraska, your income must be below the state median or you must pass the means test showing no disposable income for creditors.

  • 1 person$59,600
  • 2 people$74,200
  • 3 people$86,000
  • 4 people$100,800

Filing Costs

  • Court filing fee$338 (Chapter 7) / $313 (Chapter 13)
  • Typical attorney fee$1,000–$1,800 (Ch. 7) / $2,500–$4,000 (Ch. 13)
  • Court districtsDistrict of Nebraska

Nebraska bankruptcy court

Related Resources

Frequently Asked Questions

  • What is the homestead exemption in Nebraska?

    Nebraska allows a homestead exemption of up to $60,000 for your primary residence.

  • Does Nebraska have a wildcard exemption?

    Yes. Nebraska provides a $2,500 wildcard exemption that can protect any property.

  • Can I use federal exemptions in Nebraska?

    No. Nebraska requires debtors to use the state exemption system.

  • How is farming property treated in Nebraska bankruptcy?

    Nebraska provides special exemptions for farming equipment and livestock, reflecting the agricultural nature of the state.

Legal Disclaimer: FreeNetLaw provides general legal information, not legal advice. The information on this site is not a substitute for consultation with a licensed attorney. Laws vary by jurisdiction and change frequently. Always verify information with official sources and consult a qualified attorney for advice about your specific situation.

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