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How often do Exemptions change?

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    How often do Exemptions change?

    I have to wait to file until next year and the WI exemptions look good now. Do they change from year to year?

    #2
    I can't speak for all states - but I know GA has not changed in years. The last change, though I don't know when it happened, was to increase the homestead exemption from $5k to $10k for each spouse.

    My opinion: its not likely for the exemptions to change, and if they do it will not be in a big way.
    Get mortgage modified: DONE! 7 months of back interest payments amortized, payment reduced over $200/mo
    (In the 'planning' stage, to file ch. 13 if/when we have to.)

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      #3
      Hi MC,

      Wisconsin exemptions increased in Dec 2009

      Get a copy dated sometime after that.

      Nice state, you can use either state or federal exemptions !

      Good luck with your filing,

      Tom in Colo
      Ch7 filed 5/12/2010.....341 meeting 6/30/2010....report of no distribution 8/15/2010.....discharged 10/01/2010.....closed 11/09/2010

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