New Rochelle is a city in Westchester County on the Long Island Sound, approximately 16 miles north of Midtown Manhattan. It has a diverse population of approximately 80,000 and a mix of urban and suburban neighborhoods.
New Rochelle residents file in the Southern District of New York, White Plains Division, at 300 Quarropas St, White Plains, NY 10601. The courthouse is approximately 15-20 minutes north of New Rochelle.
New York allows debtors to choose between state and federal bankruptcy exemptions. New York allows a choice between state and federal exemptions. State homestead: $179,975 in Westchester County. Federal homestead: $27,900. State exemptions include: vehicle $4,550, cash $5,000, household goods up to $14,375, tools of trade $11,975, and jewelry $1,150. Federal exemptions offer: $27,900 homestead, $4,450 vehicle, and a wildcard of $1,475 plus up to $13,950 unused homestead. Retirement accounts are fully exempt under both systems.
Exemptions determine what property you can keep in bankruptcy. See the full exemptions guide.
These organizations may offer free or low-cost assistance. Contact them directly to verify current services and eligibility requirements.
New Rochelle residents file in the Southern District of New York, White Plains Division, at 300 Quarropas St, White Plains, NY 10601. The courthouse is approximately 15-20 minutes north of New Rochelle.
New York's state homestead exemption for Westchester County is $179,975 per debtor. Married couples filing jointly may protect up to $359,950 in home equity. For New Rochelle homes with higher equity, Chapter 13 is the safer option to protect your property.
Yes. Retirement accounts are fully exempt in both New York state and federal exemptions. This includes 401(k)s, IRAs, pensions, 403(b)s, and other qualified plans. There is no cap on the amount protected. This is one of the strongest protections available to New Rochelle residents.
Use the free 1328(f) screener to check whether a prior discharge affects your eligibility.
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Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5