“Exempt” property or an “exemption” refers to property you get to keep after filing for bankruptcy. In Nevada, one of the exemptions is a “wildcard” exemption. The wildcard exemption can be applied to any property that otherwise would not be exempt in bankruptcy. In Nevada, as of 2017, the wildcard exemption is $10,000 if you are single filer or $20,000 if you are filing with your spouse.