Indiana Bankruptcy Exemption Information
If you agree to be a bankruptcy trustee, you will be charged with evaluating your debtor's assets to see if the law allows any of the property to be liquidated. Check our quick reference page to find some of the most commonly claimed Indiana bankruptcy exemptions.
Homestead
$7,500 exemption for debtor's real estate or personal property (includes
farm, condominium, personal property, or cooperative).
Wages
30 times the federal minimum wage per week.
Automobiles
No specific automobile exemption.
Other Property
$100 in intangible personal property; 100 percent of the value of
professionally prescribed health aids; and $4,000 in other real estate
and tangible personal property of the debtor.
Note: Exemptions may have changed since our last update.
» Read the complete Indiana bankruptcy
exemptions here
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