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Bankruptcy in Wisconsin: Exemptions and Filing Guide

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

Data last updated: Jan 15, 2025

Key Takeaways

  • Homestead exemption: $75,000.
  • Vehicle exemption: $4,000 (aggregate of all vehicles).
  • Must use state exemptions (no federal option).
  • Attorney fees: $1,200–$2,000 (Ch. 7) / $3,000–$4,500 (Ch. 13) typical.
$75,000 Homestead exemption
$4,000 (aggregate of all vehicles) Vehicle exemption
No Federal option
$338 (Chapter 7) / $313 (Chapter 13) Filing fee

Wisconsin Bankruptcy Exemptions

  • Homestead$75,000
  • Vehicle$4,000 (aggregate of all vehicles)
  • Personal property$12,000 household goods
  • WildcardNone
  • Federal exemptionsNot available

Means Test: Wisconsin Median Income

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

  • 1 person$59,400
  • 2 people$74,800
  • 3 people$87,000
  • 4 people$102,200

Filing Costs

  • Court filing fee$338 (Chapter 7) / $313 (Chapter 13)
  • Typical attorney fee$1,200–$2,000 (Ch. 7) / $3,000–$4,500 (Ch. 13)
  • Court districtsEastern and Western Districts of Wisconsin

Wisconsin bankruptcy court

Related Resources

Frequently Asked Questions

  • What is the homestead exemption in Wisconsin?

    Wisconsin provides a $75,000 homestead exemption, which covers many residential properties outside major metro areas.

  • Can I use federal exemptions in Wisconsin?

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

  • What is the vehicle exemption in Wisconsin?

    Wisconsin provides a $4,000 aggregate exemption for all motor vehicles.

  • Is Wisconsin a marital property state?

    Yes. Wisconsin follows a marital property (community property) system, which can affect how assets are treated in bankruptcy.

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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