Maryland Bankruptcy Exemptions - All Categories

 

A detailed listing of state and federal exemption laws, with statutory citations.

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Maryland Exemptions Summary:

Homestead

Owner occupied residential property or condo or co-op to $25,150 (husband and wife may not double)
Property held as tenancy by the entirety is exempt against debts owed by only one spouse

Vehicle Exemption

none (see Wild Card)

Personal Property

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

Wild Card

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


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Jurisdictional relevance: ST

There are versions of this article for each State.