NEW JERSEY

Has state opted out of federal bankruptcy exemptions? No.

Is opt out limited to residents or domiciliaries of the state? Not applicable.

Do state’s exemptions have extraterritorial application?

Homestead: No exemption.

Personal property: Uncertain.

Wages: N.J. Stat. Ann. §§ 2A:17-50, 2A:17-56, 2A:17-56.9, 2A:17-56.12 (West).

Scope: Wages, debts, salary, income from trust funds, or profits, due and owing or to become due and owing. N.J. Stat. Ann. § 2A:17-50 (West).

Amount: $48/week is exempt. N.J. Stat. Ann. § 2A:17-50 (West). 90% exempt if debtor’s income does not exceed 250% of the poverty level. N.J. Stat. Ann. § 2A:17-56 (West). Employer who discharges employee because of family support garnishment commits disorderly person offense and employee has private right of action for wrongful discharge. N.J. Stat. Ann. § 2A:17-56.12 (West). For a debt owing to the state, 25% of gross earnings may be garnished, if, after the execution, debtor’s income will not be less than 250% of poverty level. N.J. Stat. Ann. § 2A:17-56 (West).

Survival after payment/deposit: Not specified, but note “due and owing” language.

Waiver: Not specified in exemption statute.

Homestead: None.

Amount: Not applicable.

Procedural requirements: Not applicable.

Special provisions: Not applicable.

Waiver: Not applicable.

Tangible personal property: N.J. Stat. Ann. §§ 2A:17-19, 2A:26-4, 38A:4-8 (West).

Household goods: $1000 household goods and furniture. N.J. Stat. Ann. §§ 2A:17-19, 2A:26-4 (West).

Motor vehicles: Not specified.

Tools of trade: Not specified.

Clothing and jewelry: All necessary clothing. N.J. Stat. Ann. § 2A:17-19 (West).

Miscellaneous and wildcard: $1000 all personal property except clothing. N.J. Stat. Ann. § 2A:17-19 (West). Pay and other benefits due as a result of participation in the state militia. N.J. Stat. Ann. § 38A:4-8 (West).

Waiver: Not specified in exemption statute.

Benefits, retirement plans, insurance, judgments, and other intangibles:

Public benefits: Not specified in exemption statute.

Pensions, retirement plans, and annuities: Not specified in exemption statute.

Insurance, judgments, or other compensation for injury: Not specified in exemption statute.

Bank accounts: Not specified in exemption statute.

Alimony, child support: Not specified in exemption statute.

Tax refunds: Not specified in exemption statute.

Survival after payment or deposit: Not specified in exemption statute.