New Hampshire Bankruptcy Laws

Find a New Hampshire Bankruptcy Attorney

If area resident of New Hampshire and are contemplating filing bankruptcy a New Hampshire bankruptcy attorney will review all of your options.

See, with the assistance of a New Hampshire bankruptcy attorney, whether filing Chapter 7 or Chapter 13 bankruptcy is the right strategy for you.

For a meeting with a local New Hampshire bankruptcy attorney simply fill out the form on this page.

Bankruptcy Law and New Hampshire Exemptions

In your first meeting with your New Hampshire bankruptcy attorney you will review all of the major differences from Chapter 7 and Chapter 13 bankruptcy.

In this appointment your New Hampshire bankruptcy attorney will ask you many personal finance questions or provide you with a profile sheet to log certain financial details. The answers you provide will assist you and your attorney in deciding if filing Chapter 7 or Chapter 13 bankruptcy is the correct approach.

Chapter 7 bankruptcy is normally called liquidation as the bankruptcy trustee may sell or auction non-exempted property (see State Exemptions list below).

Moreover, in most of Chapter 7 bankruptcy cases, the person filing bankruptcy does not own non-exempt property, so this would not apply to most filings. If you do not own much property or have many assets Chapter 7 bankruptcy may be the best choice, since you would be allowed to discharge most unsecured debt.

Before you file Chapter 7 bankruptcy please discuss about your situation with a New Hampshire bankruptcy attorney to determine exactly how much property may be exempt from liquidation.

New Hampshire State Exemptions

Homestead

A residence worth up to $100,000.

Wages

Fifty times the federal minimum hourly wage per week.

Automobiles

One automobile worth up to $4,000 is exempt.

Other Property

1. 100 percent of necessary clothing and bedding.
2. Up to $3,500 worth of household furniture.
3. One stove, one refrigerator, kitchen utensils, service uniforms, one sewing machine.
4. Up to $400 worth of provisions and fuel.
5. Up to $800 worth of Bibles, schoolbooks and library books.
6. Up to $5,000 worth of trade tools.
7. One hog, one pig, six sheep and one cow or horse.
8. One church pew and burial plot.
9. $500 worth of jewelry.
10. Up to $1,000 worth of other property.
11. Up to $7,000 worth of unused exemptions to be used on other items.

Chapter 13 Bankruptcy is also known as “reorganization”. Those filing Chapter 13 may own more property and by filing Chapter 13 may also keep most of their assets.

In Chapter 13 bankruptcy, the individual debtor draws up a proposal for a repayment plan for a term of 3 to 5 years, which must be approved by a bankruptcy court. This plan allows the debtor to repay past bills.

Speak With a New Hampshire Bankruptcy Attorney Today

If you have ever thought of filing bankruptcy in New Hampshire but have not because you did not know where to begin or felt overwhelmed by the myriad of bankruptcy laws.

To answer all inquiries about bankruptcy laws, a New Hampshire bankruptcy attorney will be able to walk you through the bankruptcy process in common sense terms. When you call on a New Hampshire bankruptcy attorney you will also be able to have many of your questions and concerns answered in the initial visit.

Circumvent the stresses of finding a good New Hampshire bankruptcy attorney. Simply complete our bankruptcy questionnaire on this page and we will direct you to a New Hampshire bankruptcy attorney in your area.

Note: This is not legal advice. All bankruptcy laws in any state need the consult of a bankruptcy attorney licensed in that state. Consult a local attorney if you are seeking legal advice. Some or all bankruptcy laws may have changed since this page was created.

New Hampshire Bankruptcy Attorneys are available in these areas:

ACWORTH, AIR NATIONAL GUARD, ALSTEAD, ALTON, ALTON BAY, AMHERST, ANDOVER, ANTRIM, ASHLAND, ASHUELOT, ATKINSON, AUBURN, BARNSTEAD, BARRINGTON, BARTLETT, BATH, BEDFORD, BELMONT, BENNINGTON, BERLIN, BETHLEHEM, BOW, BRADFORD, BRETTON WOODS, BRISTOL, BRM J JILL, BROOKLINE, CAMPTON, CANAAN, CANDIA, CANTERBURY, CENTER BARNSTEAD, CENTER CONWAY, CENTER HARBOR, CENTER OSSIPEE, CENTER SANDWICH, CENTER STRAFFORD, CENTER TUFTONBORO, CHARLESTOWN, CHESTER, CHESTERFIELD, CHICHESTER, CHOCORUA, CLAREMONT, COLEBROOK, CONCORD, CONTOOCOOK, CONWAY, CORNISH, CORNISH FLAT, DANBURY, DANVILLE, DARTMOUTH HITCHCOCK MED CTR, DEERFIELD, DERRY, DOVER, DREWSVILLE, DUBLIN, DUNBARTON, DURHAM, E CANDIA, E DERRY, EAST ANDOVER, EAST HAMPSTEAD, EAST WAKEFIELD, EATON CENTER, EFFINGHAM, ELKINS, ENFIELD, ENFIELD CENTER, ENFIELD CTR, EPPING, EPSOM, ERROL, ETNA, EXETER, FARMINGTON, FITZWILLIAM, FRANCESTOWN, FRANCONIA, FRANKLIN, FREEDOM, FREMONT, GEORGES MILLS, GILFORD, GILMANTON, GILMANTON IRON WORKS, GILSUM, GLEN, GLENCLIFF, GOFFSTOWN, GORHAM, GOSHEN, GRAFTON, GRANTHAM, GREENFIELD, GREENLAND, GREENVILLE, GUILD, HAMPSTEAD, HAMPTON, HAMPTON FALLS, HANCOCK, HANOVER, HARRISVILLE, HAVERHILL, HEBRON, HENNIKER, HILL, HILLSBOROUGH, HINSDALE, HOLDERNESS, HOLLIS, HOOKSETT, HUDSON, INTERVALE, J JILL, JACKSON, JAFFREY, JEFFERSON, KEARSARGE, KEENE, KINGSTON, LACONIA, LANCASTER, LEBANON, LEE, LEMPSTER, LINCOLN, LISBON, LITCHFIELD, LITTLETON, LOCHMERE, LONDONDERRY, LOUDON, LYME, LYME CENTER, LYNDEBOROUGH, MADBURY, MADISON, MANCHESTER, MARLBOROUGH, MARLOW, MELVIN VILLAGE, MEREDITH, MERIDEN, MERRIMACK, MILAN, MILFORD, MILTON, MILTON MILLS, MIRROR LAKE, MONROE, MONT VERNON, MOULTONBOROUGH, MOUNT WASHINGTON, MT WASHINGTON, N SALEM, NASHUA, NELSON, NEW BOSTON, NEW CASTLE, NEW DURHAM, NEW HAMPTON, NEW IPSWICH, NEW LONDON, NEWBURY, NEWFIELDS, NEWINGTON, NEWMARKET, NEWPORT, NEWTON, NEWTON JCT, NORTH CONWAY, NORTH HAMPTON, NORTH HAVERHILL, NORTH SANDWICH, NORTH STRATFORD, NORTH SUTTON, NORTH WALPOLE, NORTH WOODSTOCK, NORTHUMBERLAND, NORTHWOOD, NOTTINGHAM, ORFORD, OSSIPEE, PELHAM, PETERBOROUGH, PIERMONT, PIKE, PITTSBURG, PITTSFIELD, PLAINFIELD, PLAISTOW, PLYMOUTH, PORTSMOUTH, RANDOLPH, RAYMOND, RINDGE, ROCHESTER, ROLLINSFORD, RUMNEY, RYE, RYE BEACH, SALEM, SALISBURY, SANBORNTON, SANBORNVILLE, SANDOWN, SEABROOK, SILVER LAKE, SOMERSWORTH, SOUTH ACWORTH, SOUTH HAMPTON, SOUTH SUTTON, SOUTH TAMWORTH, SPOFFORD, SPRINGFIELD, STINSON LAKE, STODDARD, STRAFFORD, STRATHAM, SUGAR HILL, SULLIVAN, SUNAPEE, SUNCOOK, SWANZEY, TAMWORTH, TEMPLE, THORNTON, TILTON, TROY, TWIN MOUNTAIN, UNION, W PETERBORO, W SWANZEY, WALPOLE, WARNER, WARREN, WASHINGTON, WATERVILLE VALLEY, WATERVL VLY, WEARE, WENTWORTH, WEST CHESTERFIELD, WEST LEBANON, WEST NOTTINGHAM, WEST OSSIPEE, WEST STEWARTSTOWN, WESTMORELAND, WHITEFIELD, WILMOT, WILTON, WINCHESTER, WINDHAM, WINNISQUAM, WOLFEBORO, WOLFEBORO FALLS, WOLFEBORO FLS, WONALANCET, WOODSTOCK, WOODSVILLE