Federal bankruptcy exemptions include the following: Residence of debtor up to $17,450 in value is exempt. Personal vehicle up to $2,775 in value is exempt. Household furnishings, books, clothing, pets, and other personal items not to exceed $425 per item or $9,300 in aggregate value are exempt. Jewelry not to exceed $1,150 in value is exempt. Tools of the trade valued up to $1,750 are exempt. Benefits such as social security, disability, unemployment, alimony, and certain pensions are exempt. A “wild card” exemption of up to $925, plus up to $8,725 of unused homestead exemption funds, can be applied to any property.

Some states allow debtors to combine state and slected federal exemption items.