Michigan · Bankruptcy exemptions

Michigan Bankruptcy Exemptions

$51,150 standard homestead exemption / $76,725 if the debtor or dependent is 65 or older or disabled, for cases filed on or after 2026-04-01.

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.

Other property

Wildcard and personal property

Michigan state bankruptcy exemptions under MCL § 600.5451 do not include a general catch-all wildcard; debtors may elect the federal system instead, including the federal §522(d)(5) wildcard.

MCL § 600.5451(1); 11 U.S.C. § 522(d)(5)

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

System choice

State or federal exemption system

Michigan has not opted out of the federal §522(d) exemption scheme; debtors may elect federal bankruptcy exemptions or Michigan bankruptcy exemptions.

MCL § 600.5451(1); 11 U.S.C. § 522(b)(2)

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 Michigan.

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.

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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.