Home equity
Homestead
$35,000 / $60,000 (unmarried 65+ surviving co-owner); joint doubles to $70,000
N.C.G.S. 1C-1601(a)(1)
Verified Jun 29, 2026 · Next review by Jun 28, 2027
North Carolina · Bankruptcy exemptions
North Carolina Bankruptcy Exemptions
$35,000 / $60,000 (unmarried 65+ surviving co-owner); joint doubles to $70,000
Four rules checked against governing sourcesSources checked through Jun 29, 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.
Transportation
Motor vehicle
$3,500 interest in one motor vehicle under N.C.G.S. § 1C-1601(a)(3).
N.C.G.S. § 1C-1601(a)(3)
Verified Jul 3, 2026 · Next review by Jul 3, 2027
Other property
Wildcard and personal property
$5,000 in any property, limited to unused exemption amount available under the homestead subdivision, under N.C.G.S. § 1C-1601(a)(2).
N.C.G.S. § 1C-1601(a)(2)
Verified Jul 3, 2026 · Next review by Jul 3, 2027
System choice
State or federal exemption system
North Carolina has opted out of the federal §522(d) exemption scheme for residents of the state.
N.C.G.S. § 1C-1601(f)
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 North Carolina.
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.
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.