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Indiana Bankruptcy Info

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Indiana Bankruptcy Information

Evansville  .  Fort Wayne  .  Hammond  .  Indianapolis  .  Lafayette  .  New Albany  .  South Bend  .  Terre Haute  . 

Indiana Median Income Standards

 

Indiana Bankruptcy Exemptions

Indiana Homestead

Real or personal property used as residence to $19,300 (husband and wife may double);
Property held as tenancy by the entirety may be exempt against debts incurred by only one spouse

Vehicle

No specific exemption

Wages

Minimum 75% of earned but unpaid weekly disposable earnings, or 30 times the federal hourly minimum wage; bankruptcy judge may authorize more for low-income debtors

Personal property & Tools of Trade

Health aids
Health or medical savings accounts under state or federal law.
Education or college savings accounts under IRC 529 or 530, contributions made at least 1 year before filing.

WildCard

$10,250 of any real estate or tangible personal property, $400 of any intangible personal property, except money owed to you

More info About __ Bankrutpcy Exemptions including citations.

Indiana Bankruptcy Courts

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