Maine Exemptions Summary:
Homestead
Real or personal property (including cooperative) used as residence to $80,000; if debtor has minor dependents in residence, to $160,000; if debtor over age 60 or physically or mentally disabled, $160,000 (joint debtors in this category may double); proceeds of sale exempt for six months
Vehicle Exemption
$10,000
Personal Property
Animals, crops, musical instruments, books, clothing, furnishings, household goods, appliances to $200 per item
Food to last 6 months
Fuel not to exceed 10 cords of wood, 5 tons of coal, or 1,000 gal. of heating oil
Jewelry to $750; no limit for one wedding & one engagement ring
Several tools of trade exemptions up to $5,000 (see more..)
Wild Card
$400, in any property
Unused portion of exemption in homestead to $6,000; or unused exemption in animals, crops, musical instruments, books, clothing, furnishings, household goods, appliances, tools of the trade, & personal injury recoveries