.

Ohio Exemption Notes

The main set of exemptions for Ohio are found in the Ohio Revised Code §§ 2329.66, .

Ohio exemption law is notable because of its rather generous homestead exemption of $145,425 and, and $13,400 personal property and $4,000 motor vehicle exemption.

Ohio also explicitly exempts the Child Tax Credit and Earned Income Tax Credit. 

Federal exemptions are not available in Ohio.

Other Listings of Ohio Exemptions

Both Nolo, and UpSolve also review Ohio exemptions.

 

OPT OUT STATUS:

Can I use the §522(d) Federal Bankruptcy Exemptions in Ohio?

No. Ohio Rev. Code Ann. § 2329.662

KEY EXEMPTIONS:

Homestead

Real or personal property used as residence to $161,375 (adjusted for inflation every 3 years, April 1, 2022)

Motor Vehicle

Motor vehicle to $4,450 (adjusted for inflation, April 1, 2022).

Wildcard

$1,475 of any property (adjusted for inflation, April 1, 2022)

Personal Property

Animals, crops, books, musical instruments, appliances, household goods, furnishings, firearms, hunting & fishing equipment to $575 per item; jewelry to $1,875 for 1 or more items; $14,875 total.
Cash, money due within 90 days, tax refund, bank, security, & utility deposits to $550 total (husband & wife may double)
Implements, books, & tools of trade to $2,825.
(Note: Adjusted for inflation every 3 years; current amounts as of April 1, 2022.)

See Also:
ADVERTISEMENT -
AD_GOOGLE_2_RESPONSIVE_PRE_CONTENT
  • Homestead

  • Homestead [US] Real property, including co-op or mobile home, or burial plot to $27,900; unused portion of homestead to $13,950 may be applied to any property
  • Tenancy by Entirety

  • Tenancy by Entirety [US] Tenancy by entirety is exempt only if debtor chooses State & Non-bankruptcy exemptions.
  • Insurance — Life, Disability

  • Insurance — Life, Disability [US] Disability, illness, or unemployment benefits
  • Insurance — Life, Disability [US] Life insurance payments from policy for person you depended on, needed for support
  • Insurance — Life, Disability [US] Life insurance policy loan value, in accured dividends or interest, to $14,875
  • Insurance — Life, Disability [US] Unamtured life insurance contract, except credit insurance policy
  • Pensions & Retirement Savings

  • Pensions & Retirement Savings [US] All types of retirement funds and accounts that tax-exempt under IRC section 401, 403, 408, 408A, 414, 457, or 501(a) ; IRAs & Roth IRAs limited to $1,512,350 (excluding rollover contributions); limitation can be overidden by judge.
  • Personal Property

  • Personal Property [US] Animals, crops, clothing, appliances, books, furnishings, household goods, musical instruments to $700 per item, $14,875 total
  • Personal Property [US] Health aids
  • Personal Property [US] Jewelry to $1,875
  • Personal Property [US] Lost earnings payments
  • Personal Property [US] Motor vehicle to $4,450
  • Personal Property [US] Personal injury recoveries to $27,900 (not to include pain & suffering or pecuniary loss)
  • Personal Property [US] Wrongful death recoveries for person you depended on
  • Public Benefits

  • Public Benefits [US] Crime victims' compensation
  • Public Benefits [US] Social Security
  • Public Benefits [US] Unemployment compensation
  • Public Benefits [US] Veteran's benefits
  • Tools of Trade

  • Tools of Trade [US] Implements, books, & tools of trade to $2,800
  • Wages

  • Wages [US] None
  • Wild Card

  • Wild Card [US] $1,475 of any property
  • Wild Card [US] Up to $13,950 of unused homestead exemption amount, for any property.
  • Miscellaneous

  • Miscellaneous [US] Alimony, child support needed for support
  • ADVERTISEMENT -

    Free Bankruptcy Case Evaluation For Richland County, OH

    Do you have questions about filing bankruptcy in Ohio, and think you might need a bankruptcy lawyer? Use the form below to connect with the Nolo / Martindale network of bankruptcy lawyers For Richland County, OH.
    SPONSORED FORM - Nolo/Martindale Attorney Network