Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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UPDATED: Nov 13, 2020

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Federal bankruptcy exemptions available? NO

Though not included in Oregon’s statutory homestead exemption, a court has held that Oregon residents can exempt prepaid rent and security deposits for their residences.

The references to Oregon statutes are to the Oregon Revised Statutes.

Resources:

United States Bankruptcy Court, District of Oregon

Oregon Bankruptcy Attorneys

743.049

Oregon Bankruptcy Exemptions
Assets Exemption State Statute
Homestead Real property that the debtor occupies or intends to occupy: up to $40,000 for 1 person; up to $50,000 for joint owners. Property size limited to 1 block in town or city or 160 acres outside of incorporated area. 18.395; 18.402
  Mobile home on property owned by the debtor or houseboat: up to $23,000 for 1 person; up to $30,000 for joint owners. Property size limitations above apply. 18.402
  Proceeds from sale: all for 1 year after receipt if debtor intends to buy another residence. 18.395
  Real property of a soldier or sailor in time of war: all. 408.44
Insurance Benefits from a fraternal benefit society: up to $7,500 18.348; 748.207
  Life insurance cash value/proceeds: all if the insured is not the debtor. 743.046; 743.047
  Life insurance (group) policy/proceeds: all payable to someone other than the insured. 743.047
  Annuity contract: up to $500 per month in benefits.  
  Disability or health proceeds/avails: all. 743.050
Miscellaneous Child support and alimony: all necessary for support. 18.345(1)(i)
  Liquor licenses: all. 471.292(1)
Pensions Federal pension exemptions.  
  IRAs, SEPs, and other ERISA-qualified benefit payments: up to $7500. 18.348; 18.358
  Pension payments for public officers and employees: up to $7,500. 18. 348(2); 237.980; 238.445
Personal Property Books, pictures, and musical instruments: up to $600 total. 18.345(1)(a), (3)
  Personal items including clothing and jewelry: up to $1,800 total. 18.345(1)(b), (3)
  Motor vehicle: up to $3,000. 18.345(1)(d)(3), (3)
  Pets and other domestic animals and poultry: up to $1,000 plus enough food to last 60 days. 18.345(1)(e)
  Household items including furniture, utensils, televisions, and radios: up to $3,000 total. 18.345(1)(f)
  Food and fuel: enough to last 60 days for a debtor who is a householder. 18.345(1)(f)
  Health aids: all professionally prescribed. 18.345(1)(h)
  Recoveries for personal injury: up to $10,000. 18.345(1)(k)(3)
  Federal tax credits for earned income: all. 18.345(1)(n)
  Lost earning compensation payments for the debtor or someone the debtor depends on: all necessary. 18.345(1)(L); (3)
  Cash from sold exempt property: all. 18.345(2)
  Bank deposits: up to $7,500. 18.348
  Savings account for higher education: up to $7,500. 18.348(1); 348.863
  Guns, including pistol, rifle, or shotgun: up to $1,000 for debtor over 16. 18.362
  Burial plot: all. 97.675
  Building material intended for construction of an improvement: all. 87.075
Public Benefits Crime victim’s compensation benefits: all. 18.345(1)(j), (3); 147.325
  Vocational rehabilitation benefits: up to $7,500. 18.348; 344.580
  Civil defense and disaster relief benefits: all. 18.348; 401.405
  Blind aid: up to $7,500. 18.348; 411.706; 411.760
  Disability benefits: up to $7,500. 18.348; 411.706; 411.760
  Old age assistance benefits: up to $7,500. 18.348; 411.706; 411.760
  General assistance benefits: up to $7,500. 18.348; 411.760
  Medical assistance: up to $7,500. 18.348; 414.095
  Benefits for injured inmates: up to $7,500. 18.348; 655.530
  Workers’ compensation benefits: up to $7,500. 18.348; 656.234
  Unemployment compensation benefits: up to $7,500. 18.348; 657.855
  Veteran’s benefits and proceeds from Veteran’s loans: all. 18.348(m); 407.125; 407.595
Tools of Your Trade Library, tools, team of animals with feed to last 60 days: up to $5,000. 18.345(1)(c), (3)
Wages Wages: at least 75% of disposable weekly wage. The bankruptcy judge may allow a larger exemption for a low-income debtor. 18.385
  Wages withheld for state employee bond savings account: all. 292.070
Wildcard Personal property not covered by other exemption: up to $400. 18.345