State of New Hampshire Economy:

New Hampshire’s economy is anchored by four key industries: 1) Insurance and financial services; 2) Real Estate – rental and leasing; 3) Manufacturing -computer and electronic products manufacturing; and 4) Professional scientific and technical services.

New Hampshire Bankruptcy Court Locations:

Warren B. Rudman U.S. Courthouse

55 Pleasant Street, Room 200
Concord, NH 03301

New Hampshire Bankruptcy Exemptions:

Homestead Exemption

You can protect up to $120,000 of equity in a residential property, including a house, condominium, or manufactured housing in which you live, as well as the land it’s on if you own it as well. In New Hampshire, the homestead exemption is automatic—you don’t have to file a declaration to claim the homestead exemption in bankruptcy. (N.H. Rev. Stat. Ann. § 480:1.)

Motor Vehicles, Tools of the Trade, and Other Personal Property
You can claim up to:
⦁ $10,000 of equity in one automobile
⦁ $5,000 of tools used in your occupation
⦁ $3,500 of furniture, stove, refrigerator, sewing machine
⦁ $400 of fuel
⦁ $800 of books for your family’s use
⦁ $500 of jewelry, and
⦁ $300 of fowl.
Additionally, you can protect:
⦁ clothing and beds and bedding for your family’s use
⦁ military equipment and uniforms
⦁ one pew in a place of worship and one burial lot, and
⦁ animals (six sheep; one hog; one pig; one cow; oxen yoke; four tons of hay).
(N.H. Rev. Stat. Ann. § 511:2.)
Public Benefits and Retirement Accounts
⦁ ERISA-qualified retirement accounts, such as a pension, IRA, 401(k), educational IRA, Keogh plan, 403(a) and 403(b) annuity, and state-deferred compensation plan (N.H. Rev. Stat. Ann. § 511:2 and 11 U.S.C. § 522(b)(3)(C).)
⦁ Public employee benefits (N.H. Rev. Stat. Ann. § 100A:26.)
⦁ Police officer benefits (N.H. Rev. Stat. Ann. § 103:18.)
⦁ Firefighter benefits (N.H. Rev. Stat. Ann. § 102:23.)
⦁ Public assistance, workers’ compensation, and unemployment compensation (N.H. Rev. Stat. Ann. §§ 167:25, 281A:52, 282A:159.)
Insurance Benefits
⦁ $5,000 in homeowner’s insurance proceeds if the damaged property would be exempt (N.H. Rev. Stat. Ann. § 512:21.)
⦁ Life insurance proceeds—not including cash surrender value (N.H. Rev. Stat. Ann. §§ 408:1,2.)
⦁ Firefighter’s aid (N.H. Rev. Stat. Ann. § 402:69.)
Wildcard Exemption
You can protect any property of your choosing with a value up to $1,000, plus an additional $7,000 of unused exemptions for fuel, books, furniture, tools of the trade, a motor vehicle, and jewelry. (N.H. Rev. Stat. Ann. § 511:2.)