
Bankruptcy in Indiana (2026): Exemptions & Means Test
Indiana bankruptcy: opted out of federal exemptions, the $22,750 homestead under IC 34-55-10-2 (indexed every six years), and current means-test income figures.
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Indiana bankruptcy: opted out of federal exemptions, the $22,750 homestead under IC 34-55-10-2 (indexed every six years), and current means-test income figures.

Illinois bankruptcy: opted out of federal exemptions, the new $50,000 homestead under 735 ILCS 5/12-901 (2026), vehicle and wildcard amounts, means test.

Idaho opted out of federal exemptions. The homestead protects up to $175,000 of equity, the vehicle exemption is $10,000, and see the 2026 means test income figures.

Learn how Chapter 7 and Chapter 13 bankruptcy work, then find your state's exemptions, opt-out status, and Chapter 7 means test income figures for all 50 states.

Hawaii lets filers choose state or federal exemptions. The state homestead protects up to $30,000 for heads of family or seniors, or $20,000 for others, plus the means test.

Georgia opted out of federal exemptions. The homestead is $50,000 through June 2026 and rises to $50,000 after, the vehicle exemption is $5,000, plus the means test.

Florida bankruptcy: opted out of federal exemptions, the unlimited homestead with acreage limits and the 522(p) cap, plus current means-test figures.

DC bankruptcy guide: choose state or federal exemptions, an unlimited homestead under D.C. Code 15-501(a)(14), the 522(p) cap, plus 2026 means-test income.

Delaware bankruptcy: the state opted out of federal exemptions, a $200,000 homestead (10 Del. C. 4914), the means-test median income, and where to file.

Connecticut bankruptcy: filers may choose state or federal exemptions, a $250,000 homestead (Conn. Gen. Stat. 52-352b), the means test, and where to file.

Colorado opted out of federal exemptions. The homestead protects $250,000 in equity, or $350,000 if elderly or disabled, plus the vehicle exemption and means test.

California opted out of federal exemptions but offers two state systems, one with a large inflation-indexed homestead and one with a bigger wildcard, plus the means test.