Bankruptcy by State
Bankruptcy in West Virginia
How West Virginia's bankruptcy exemptions, Chapter 7 income limits, and filing volume compare to the rest of the country.
Homestead exemption
$35,000
#26 of 51
Vehicle exemption
$7,500
#9 of 51
Median income (1 person)
$63,908
Chapter 7 means-test threshold
Annual filings
1,513
Year 2025
West Virginia 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 | West Virginia | National median | Rank |
|---|---|---|---|
| Homestead exemption | $35,000 | $90,000 | #26 of 51 |
| Motor vehicle exemption | $7,500 | $7,250 | #9 of 51 |
| Median income (1-person household) | $63,908 | $71,745 | #46 of 51 |
| Median income (4-person household) | $93,672 | $126,058 | #51 of 51 |
| Annual bankruptcy filings | 1,513 | 8,707 | #41 of 51 |