Connecticut Bankruptcy Exemptions

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Federal bankruptcy exemptions available? YES

The references to Connecticut statutes are to the Connecticut General Statutes Annotated.

Resources:

United States Bankruptcy Court, District of Connecticut

Connecticut Bankruptcy Exemptions
Assets Exemption State Statute
Homestead Real property or mobile or manufactured home for claims arising after 1993: up to $75,000; up to $125,000 if the debt arose from services provided at a hospital. 52-352a(e); 52-352b(t)
Insurance Life insurance proceeds/avails: all. 38a-453
Life insurance proceeds: all if there is a clause forbidding the use of proceeds to pay the beneficiary's creditors. 38a-454
Fraternal benefit society benefits: all. 38a-637
Disability and health benefits: all. 52-352b(e)
Disability benefits paid to members from association: all. 52-352b(p)
Life insurance (unmatured) policy avails: up to $4,000 if beneficiary is a the debtor or someone on whom the debtor is dependent. 52-352b(s)
Miscellaneous Child support payments: all. 52-352b(h)
Alimony payments: all to the extent payments are wages. 52-352b(n)
Property of farm partnership: all animals and feed reasonably needed to run farm when at least 50% of partners are members of the same family. 52-352d
Pensions Federal pension exemption.
State employee pensions: all. 5-171; 5-192w
Municipal employee pensions: all. 7-446
Teacher pensions: all. 10-183q
Medical savings accounts: all. 52-321a
IRAs, Roth IRAs, Keoghs, and ERISA-qualified benefits: in the same percentage as exempted wages. 52-321a; 52-352b(m)
Personal Property Spendthrift trust funds: all required for support of debtor and family. 52-321(d)
Clothing, food, furniture, appliances, and bedding: all. 52-352b(a)
Burial plot: all. 52-352b(c)
Health aids: all required. 52-352b(f)
Motor vehicle: up to $1,500. 52-352b(j)
Wedding and engagement rings: all. 52-352b(k)
Security and utility deposits for residence: all. 52-352b(l)
Recovery for damaged exempt property: all. 52-352b(q)
Transfers to nonprofit debt adjuster: all. 52-352b(u)
Public Benefits Unemployment compensation benefits: all. 31-272(c); 52-352b(g)
Public assistance: all. 52-352b(d)
Social Security benefits: all. 52-352b(g)
Veterans' benefits: all. 52-352b(g)
Workers’ compensation benefits: all. 52-352b(g)
Crime victim compensation: all. 52-352b(o); 54-213
Tools of Your Trade Tools, instruments, books, and farm animals: all needed for trade. 52-352b(b)
For military personnel, including arms, military equipment, uniforms, and musical instruments: all. 52-352b(i)
Wages Wages: at least 75% of weekly disposable income that has been earned but not paid or 40 times the minimum state or federal minimum hourly wage, whichever is greater. 52-361a(f)
Wildcard Any property: up to $1,000. 52-352b(r)

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