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Maryland Bankruptcy Info

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Maryland Bankruptcy Information

Baltimore  .  Greenbelt  .  Salisbury  . 

Maryland Median Income Standards

 

Maryland Bankruptcy Exemptions

Maryland Homestead

Owner occupied residential property or condo or co-op to $22,975 (husband and wife may not double)
Property held as tenancy by the entirety is exempt against debts owed by only one spouse

Vehicle

none (see Wild Card)

Wages

Earned but unpaid wages, the greater of 75% or $145 per week; in Kent, Caroline, & Queen Anne's of Worcester Counties, the greater of 75% or 30 times federal minimum hourly wage

Personal property & Tools of Trade

Appliances, furnishings, household goods, books, pets, & clothing to $1000 total Clothing, books, tools, instruments, & appliances needed for trade or profession to $5,000

WildCard

$6,000 of cash or any property; must claim exemption within 30 days of levy or attachment.

More info About __ Bankrutpcy Exemptions including citations.

Maryland Bankruptcy Courts

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