Bankruptcy by State
Bankruptcy in Vermont
How Vermont's bankruptcy exemptions, Chapter 7 income limits, and filing volume compare to the rest of the country.
Homestead exemption
$125,000
#16 of 51
Vehicle exemption
$2,500
#21 of 51
Median income (1 person)
$72,461
Chapter 7 means-test threshold
Annual filings
286
Year 2025
Vermont vs. national medians
National medians are calculated across all 51 states plus the District of Columbia. Ranks run from #1 (highest) to #51 (lowest). Where a state publishes a range or a conditional amount, the exemption is shown in full and ranked by its guaranteed minimum.
| Metric | Vermont | National median | Rank |
|---|---|---|---|
| Homestead exemption | $125,000 | $90,000 | #16 of 51 |
| Motor vehicle exemption | $2,500 | $7,250 | #21 of 51 |
| Median income (1-person household) | $72,461 | $71,745 | #23 of 51 |
| Median income (4-person household) | $137,583 | $126,058 | #18 of 51 |
| Annual bankruptcy filings | 286 | 8,707 | #50 of 51 |