Bankruptcy law provides for the development of a plan that allows a debtor, who is unable to pay his creditors, to resolve his debts through the division of his assets among his creditors. This supervised division also allows the interests of all creditors to be treated with some measure of equality. In 1979, the U.S. Court of Appeals for the Ninth Circuit became the first federal judicial circuit to set up a bankruptcy appellate panel, the Ninth Circuit Bankruptcy Court. The Ninth Circuit Bankruptcy Court is a federal court with appellate jurisdiction over the district bankruptcy courts in the districts of Alaska, Arizona, Central district of California, eastern district of California, Northern District of California, Southern District of California, Hawaii, Idaho, Montana, Nevada, Oregon, Eastern District of Washington, and Western District of Washington. The Ninth Circuit holds that the Ninth Circuit Bankruptcy Courts have the inherent authority to suspend a lawyer unlike the tenth circuit bankruptcy courts or other federal judicial circuits.
Ninth Circuit Bankruptcy Court
Alaska bankruptcy court allows any person who has filed for bankruptcy to keep principal residence to $67500, books, musical instruments, clothing, family portraits, household goods and heirlooms to $3750, jewelry to $1250, and motor vehicle to $3750 in one motor vehicle worth not more than $25000, among other things.
Arizona bankruptcy court allows any person who has filed for bankruptcy to keep homestead exemption up to $150000, household furniture, furnishings and appliances up to $4000, food, fuel and provisions for the debtor's individual or family use for six months, retirement funds, and motor vehicle up to $5000 or $10000 if disabled among a few other necessary things.
California Bankruptcy Court offers two 'exemption schemes' and a debtor should opt for whichever scheme best suits him.
Idaho Bankruptcy Court allows any person who has filed for bankruptcy to keep homestead to $50000, household furnishings, household goods, household appliances, clothing, books, musical instruments, family portraits and heirlooms, limit $500 per item and $5000 total, one motor vehicle to $3,000 and jewelry to $1000 among a few other necessary things.
Montana Bankruptcy Court allows any person who has filed for bankruptcy to keep homestead to $100000, household goods and furnishings, jewelry and clothes to $4,500, with no one item over $600 and one motor vehicle to $2,500 among a few other necessary things.
Nevada Bankruptcy Court allows any person who has filed for bankruptcy to keep real property or a mobile home to $350000 necessary household goods and yard equipment to $12000 among a few other things.
Oregon Bankruptcy Court allows any person who has filed for bankruptcy to keep homestead to the value of $30000, clothing, jewelry and personal items to the value of $1800 and one motor vehicle to the value of $2150 among a few other necessary things.
Washington Bankruptcy Court allows any person who has filed for bankruptcy the choice of using either the federal exemption statutes or the Washington exemptions according to his needs.