Delaware Bankruptcy Overview
Delaware offers bankruptcy protections including a $50,000 homestead exemption and the choice between state and federal exemptions.
2026 Delaware Median Income
| Household Size | Annual Median Income |
|---|---|
| 1 Person | $69,515 |
| 2 People | $94,877 |
| 3 People | $111,273 |
| 4 People | $132,244 |
Delaware Exemptions
Homestead Exemption: $50,000
Delaware protects up to $50,000 of equity in your primary residence using state exemptions.
Personal Property
- Household Goods: No specific Delaware vehicle exemption under state law
- Clothing: Up to $1,000 for jewelry and personal items
- Tools of Trade: Up to $15,000 for tools and equipment
- Retirement: Unlimited for qualified plans
Federal vs. State: Delaware allows you to choose federal exemptions, which may provide better vehicle protection ($5,025 federal vs. no specific state vehicle exemption).
Delaware Bankruptcy Court
Official court website: U.S. Bankruptcy Court for the District of Delaware (www.deb.uscourts.gov) — the official source for local rules, filing locations, hearing schedules, and court forms.
Wilmington: 824 Market Street, Wilmington, DE 19801
Cost of Filing
Attorney fees in Delaware: $1,200-$1,900 for Chapter 7; $3,000-$4,400 for Chapter 13.
Disclaimer: Consult with a licensed Delaware bankruptcy attorney for advice specific to your situation.