Louisiana Bankruptcy Exemptions 2020

Upsolve is a nonprofit tool that helps you file bankruptcy for free. Think TurboTax for bankruptcy. We also provide free education, customer support, and a private community. Over 2 million web visitors since 2018. We never ask for a credit card. Funded by generous donors like Harvard University and featured 4x in Forbes. Explore Tool Now


Written by Upsolve Team.  
Updated September 21, 2020

In a Nutshell

It's important to understand what the exemptions for Louisiana are and how they're most often used in a bankruptcy case.

How Do Exemptions Work?

When you file for Chapter 7 bankruptcy, one of the biggest questions is whether or not you will be able to keep your property.

That depends on which property exemptions you can use on your bankruptcy forms. They are called exemptions because they “exempt” -- or “excuse” -- certain property from being taken. In most cases, exemptions protect most day-to-day items that you own, unless you have expensive property like a house or a car.

Certain exemptions protect entire categories of property like retirements accounts, regardless of value. Other exemptions only protect specific property like a vehicle up to a certain value.

If you're looking for a deep understanding of bankruptcy exemptions, read this article.

Does Louisiana allow federal exemptions?

Louisiana does not recognize the federal exemptions.

Every state has its own set of property exemptions. And some states also allow you choose between their exemptions and a set of federal bankruptcy exemptions. When they do, they will generally let you to choose the system that is the best fit for you. Although some states allow you to use the federal bankruptcy exemptions, others do not.

Louisiana Exemptions

11 U.S.C. § 522(b)(3)(C)

Most people use 11 U.S.C. § 522(b)(3)(C) to cover tax exempt retirement accounts. For single debtors filing, it has no coverage limit.

5 U.S.C. §§ 8437(e)(g), 11 U.S.C. § 541(c)(2)

Most people use 5 U.S.C. §§ 8437(e)(g), 11 U.S.C. § 541(c)(2) to cover thrift savings plan. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 13:3881 (A)(7)

Most people use La. Rev. Stat. Ann. § 13:3881 (A)(7) to cover motor vehicle (one per household). For single debtors filing, it has a coverage limit of $7,500. This exemption has a limit to the number of assets it can cover.

La. Rev. Stat. Ann. § 13:3881 (A)(4)

Most people use La. Rev. Stat. Ann. § 13:3881 (A)(4) to cover household goods. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 13:3881 (A)(4)(d)

Most people use La. Rev. Stat. Ann. § 13:3881 (A)(4)(d) to cover musical instruments. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 13:3881 (A)(4)(g)

Most people use La. Rev. Stat. Ann. § 13:3881 (A)(4)(g) to cover firearms, arms and ammunition. For single debtors filing, it has a coverage limit of $2,500.

La. Rev. Stat. Ann. § 13:3881 (A)(4)(a)

Most people use La. Rev. Stat. Ann. § 13:3881 (A)(4)(a) to cover clothing. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 13:3881 (A)(5)

Most people use La. Rev. Stat. Ann. § 13:3881 (A)(5) to cover engagement and wedding rings. For single debtors filing, it has a coverage limit of $5,000.

La. Rev. Stat. Ann. § 13:3881 (A)(4)(f)

Most people use La. Rev. Stat. Ann. § 13:3881 (A)(4)(f) to cover pets. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 11:1378

Most people use La. Rev. Stat. Ann. § 11:1378 to cover judges retirement. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 11:1583

Most people use La. Rev. Stat. Ann. § 11:1583 to cover district attorney retirement. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 11:1403

Most people use La. Rev. Stat. Ann. § 11:1403 to cover assessors retirement. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 11:2263

Most people use La. Rev. Stat. Ann. § 11:2263 to cover firefighter retirement. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 11:2263

Most people use La. Rev. Stat. Ann. § 11:2263 to cover court clerk retirement. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 11:704

Most people use La. Rev. Stat. Ann. § 11:704 to cover teacher retirement. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 11:2182

Most people use La. Rev. Stat. Ann. § 11:2182 to cover sheriff retirement. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 11:405

Most people use La. Rev. Stat. Ann. § 11:405 to cover state employee retirement. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 11:2033

Most people use La. Rev. Stat. Ann. § 11:2033 to cover voting registrar retirement. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 13:3881 (D)(1)

Most people use La. Rev. Stat. Ann. § 13:3881 (D)(1) to cover erisa benefits. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 11:1735

Most people use La. Rev. Stat. Ann. § 11:1735 to cover municipal employee retirement. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 11:1905

Most people use La. Rev. Stat. Ann. § 11:1905 to cover parochial employee retirement. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 11:1003

Most people use La. Rev. Stat. Ann. § 11:1003 to cover school employees benefits. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 22:912

Most people use La. Rev. Stat. Ann. § 22:912 to cover annuity contract proceeds. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 22:912 (C); La. Rev. Stat. Ann. § 17:3095

Most people use La. Rev. Stat. Ann. § 22:912 (C); La. Rev. Stat. Ann. § 17:3095 to cover education savings account. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 9:2004

Most people use La. Rev. Stat. Ann. § 9:2004 to cover spendthrift trusts. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 46:111

Most people use La. Rev. Stat. Ann. § 46:111 to cover public assistance. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 13:3951

Most people use La. Rev. Stat. Ann. § 13:3951 to cover wages earned out of state. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 22:298

Most people use La. Rev. Stat. Ann. § 22:298 to cover fraternal society benefits. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 13:3881 (A)(1)

Most people use La. Rev. Stat. Ann. § 13:3881 (A)(1) to cover unpaid disposable weekly earnings - 75% or 30 times federal min hourly wage per week. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 23:1693

Most people use La. Rev. Stat. Ann. § 23:1693 to cover unemployment compensation. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 23:1693

Most people use La. Rev. Stat. Ann. § 23:1693 to cover gift or bonus payments. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 13:3881 (A)(6)

Most people use La. Rev. Stat. Ann. § 13:3881 (A)(6) to cover earned income tax credit. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 46:1811

Most people use La. Rev. Stat. Ann. § 46:1811 to cover crime victim compensation. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 13:3881 (A)(3)

Most people use La. Rev. Stat. Ann. § 13:3881 (A)(3) to cover property of minor child. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 23:1205

Most people use La. Rev. Stat. Ann. § 23:1205 to cover workers' compensation. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 13:3881 (A)(9)

Most people use La. Rev. Stat. Ann. § 13:3881 (A)(9) to cover disaster relief insurance proceeds for exempt property. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 22:1015

Most people use La. Rev. Stat. Ann. § 22:1015 to cover health, accident or disability proceeds. For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 22:1015

Most people use La. Rev. Stat. Ann. § 22:1015 to cover life insurance proceeds (if policy issued within 9 months of filing). For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 22:944

Most people use La. Rev. Stat. Ann. § 22:944 to cover life insurance (group). For single debtors filing, it has no coverage limit.

La. Rev. Stat. Ann. § 13:3881 (A)(2)

Most people use La. Rev. Stat. Ann. § 13:3881 (A)(2) to cover tools of trade. For single debtors filing, it has a coverage limit of $7,175.

La. Rev. Stat. Ann. § 13:3881 (A)(4)(e)

Most people use La. Rev. Stat. Ann. § 13:3881 (A)(4)(e) to cover farm animals (poultry, fowl, and one cow kept for the use of his family). For single debtors filing, it has no coverage limit.

It's easy to get help

Choose one of the options below to get assistance with your bankruptcy:

Free Web App

Take our bankruptcy screener to see if you're a fit for Upsolve's free web app!

Take Screener
5094 families have filed with Upsolve! ☆
OR

Private Attorney

Get a free bankruptcy evaluation from an independent law firm.

Find Attorney
3333 people found attorneys this month

Upsolve is a 501(c)(3) nonprofit that started in 2016. Our mission is to help low-income families who cannot afford lawyers file bankruptcy for free, using an online web app. Spun out of Harvard Law School, our team includes lawyers, engineers, and judges. We have world-class funders that include the U.S. government, former Google CEO Eric Schmidt, and leading foundations. It's one of the greatest civil rights injustices of our time that low-income families can’t access their basic rights when they can’t afford to pay for help. Combining direct services and advocacy, we’re fighting this injustice.

To learn more, read why we started Upsolve in 2016, our reviews from past users, and our press coverage from places like the New York Times and Wall Street Journal.

Close

Considering Bankruptcy?

Try our 100% free tool that thousands of low-income families across the country have used to file bankruptcy themselves. We are funded by Harvard University, will never ask you for a credit card, and you can stop at any time.

File Bankruptcy in Louisiana