Alaska · Bankruptcy exemptions

Alaska Bankruptcy Exemptions

Operative $72,900 (8 AAC 95.030 adjusted); base statute $54,000 (AS 09.38.010); CPI Oct even-years per AS 09.38.115; joint owners share single $72,900 (no doubling); opt-in

Four rules checked against governing sourcesSources checked through Jul 3, 2026Inspect the coverage gate

Answer first, sources attached

The four rules to check first

These are current source-linked reference points, not a conclusion about which exemptions apply to a particular filing.

Home equity

Homestead

Operative $72,900 (8 AAC 95.030 adjusted); base statute $54,000 (AS 09.38.010); CPI Oct even-years per AS 09.38.115; joint owners share single $72,900 (no doubling); opt-in

Alaska Stat. 09.38.010(a); AS 09.38.115; 8 AAC 95.030; Alaska Court System CIV-511 booklet

Verified Jul 3, 2026 · Next review by Oct 1, 2026

Transportation

Motor vehicle

$4,050 motor vehicle exemption if the full vehicle value does not exceed $27,000.

Alaska Stat. § 09.38.020(e); Alaska Bankruptcy Court Schedule C effective Apr. 1, 2025.

Verified Jul 3, 2026 · Next review by Jul 3, 2027

Other property

Wildcard and personal property

$1,350 wildcard/personal-property branch, with additional unused-homestead branch under Alaska exemption schedule.

Alaska Stat. §§ 09.38.020, 09.38.030; Alaska Bankruptcy Court Schedule C effective Apr. 1, 2025.

Verified Jul 3, 2026 · Next review by Jul 3, 2027

System choice

State or federal exemption system

Alaska permits eligible debtors to elect federal Sec. 522(d) exemptions; no opt-out applies.

11 U.S.C. Sec. 522(b)(2); Alaska bankruptcy court exemption schedule confirms Alaska debtors may elect state or federal exemptions.

Verified Jul 3, 2026 · Next review by Jul 3, 2027

What changes the answer

The number is only the starting point

Petition date and domicileTiming can change the applicable state system and the operative amount.
Equity, liens, and ownershipThe protected interest is not simply the property’s market value.
Joint filing and doublingWhether spouses can combine an exemption depends on the rule and facts.
Federal limits and case lawFederal provisions, including 11 U.S.C. § 522(p), and controlling decisions can limit the result.

Organize home equity

Work through value, secured balances, selling costs, and an optional exemption reference.

View published income figures

See the current U.S. Trustee table by household size for Alaska.

Find licensed help

Use public directories to find a lawyer who can apply the rules to a filing.

For bankruptcy attorneys

Put the rule into the matter, not another note

DocketBuddy carries source-linked exemption data into the client record, organizes the facts that affect the analysis, and leaves the legal decision with the attorney.

Open a sample bankruptcy brief Watch Ready check a sample packet

This page reports source-linked state rules and review dates. It does not select an exemption system, determine eligibility, calculate protected equity, or apply law to an individual situation. Verify the cited authority and current law before relying on a figure.