Oregon State Exemptions

Only State Exemptions Allowed

In the state of Oregon, you will not be able to use the federal exemption list. Only the state exemption list is allowed. You may be able to use certain supplemental federal exemptions and additional Oregon residency requirements may apply to use the state exemptions.

It is important to discuss all exemptions with an Oregon Bankruptcy Attorney prior to filing Chapter 7 Bankruptcy or Chapter 13 Bankruptcy. The goal of the Oregon exemption list is to allow you to keep enough wages, public benefits, personal property, pensions and homestead exemptions to be able to start over after bankruptcy.

The following table will outline the Oregon State Exemptions. Many of your assets may not have a matching exemption.

Exemptions Exemption Amount Statutes
Homestead Real property, mobile home or houseboat you occupy to $25,000 ($33,000 for joint owners); if you don’t own land mobile home is on, to $23,000 ($30,000 for joint owners); property cannot exceed 1 block in town or city or 160 acres elsewhere; sale proceeds exempt 1 year from sale, if you intend to purchase another home 23.164, 23.240, 23.250
Wages

Minimum 75% of earned but unpaid wages; bankruptcy judge may authorize more for low-income debtors

Wages withheld in state employee’s bond savings accounts
23.186
292.070
Wild Card

$400 of any personal property, however, can’t use to increase existing exemption

Husband and wife may double

23.160(1) (o)

In re Wilson, 22 B.R. 146

(D. Or. 1983)
Tools of Trade Tools, library, team with food to last 60 days, to $3000 (husband and wife may double) 23.160(1) ( c)
Public Benefits

Aid to blind

Aid to disabled

Civil defense & disaster relief

Crime victims’ compensations (husband and wife may double)

General assistance

Injured inmates’ benefits

Medical assistance

Old-age assistance

Unemployment compensation

Vocational rehabilitation

Workers’ compensation
412.115
412.610
401.405
23.160(1) (j) (A), 147.325
411.760
655.530
414.095
413.130
657.855
344.580
656.234
Personal Property

Bank deposits to $7500; cash for sold exempt property

Books, pictures & musical instruments to $600 total (husband and wife may double)

Burial plot

Clothing, jewelry & other personal items to $1800 total (husband and wife may double)

Domestic animals, poultry with food to last 60 days to $1000

Food & fuel to last 60 days if debtor is householder

Furniture, household items, utensils, radios & TVs to $3000 total

Health aids

Lost earnings payments for debtor or someone debtor depended on, to extent needed (husband & wife may double)

Motor vehicle to $1700 (husband and wife may double)

Personal injury recoveries to $10,000, not to include pain & suffering ( husband and wife may double)

Pistol, rifle or shotgun if owned by person over 16, to $1000

Earned income tax credits

23.166
23.160(1) (a)
65.870
23.160(1) (b)
23.160(1) (e)
23.160(1) (f)
23.160(1) (f)
23.160(1) (h)
23.160(1) (l)
23.160(1) (d)
23.160(1) (k)
23.200
23.160(1)(n)

Miscellaneous

Alimony, child support needed for support

Liquor licenses

Property of business partnership
23.160(1) (i)
471.301(1)
68.420
Pensions

ERISA-qualified benefits

Public officers, employees

School district employees
23.170
237.980
239.261
Insurance

Annuity contract benefits to $500 per month

Fraternal benefit society benefits

Group life policy or proceeds not payable to insured

Health or disability proceeds or avails

Life insurance proceeds or cash value if you are not the insured
743.049
748.207
743.047
743.050
743.046
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