Maryland Motor Vehicle Exemption & Other Personal Property Exemptions

    
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Maryland Motor Vehicle Exemption & Other Personal Property Exemptions
               
              How much equity in your car or truck can you protect if you file for bankruptcy in Maryland?             

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Maryland Personal Property Exemptions — State SystemPersonal Property Exemptions Under Maryland LawCAR: 
none (see Wild Card)
Federal Non-Bankruptcy Personal Property Exemptions
(available only if using State System)
Personal Property Exemptions — Federal System § 522(d)Can Maryland debtors use the Federal Bankruptcy exemptions instead of Maryland exemptions?No. Md. Code Ann., Cts. & Jud. Proc. § 11-504

The Federal Bankruptcy Exemptions under 11 U.S.C. § 522(d) are available to you if
you haven't lived in any state longer than 180 days for a while, 
or
if your state allows the Federal exemptions as a choice.
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          Mount Rainier, MD Bankruptcy Home 
        
Jurisdictional relevance: STThere are versions of this article for each State.

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        RELATED ARTICLES:
      
Maryland Homestead ExemptionHow much of your home equity is protected if you file for bankruptcy in Maryland?
Maryland Tools of Trade ExemptionsMost states allow an exemption for "tools of trade or profession"... this can include tools, books, even vehicles. Sometimes can be an alternative to the motor vehicle exemption. 
Maryland WildCard ExemptionAlmost every state has an exemption for "any property" which is sometimes called the "wildcard" or "grubsteak" exemption. Generally this exemption is useful because it can be combined with other exemptions to fully protect equity that might otherwise go unprotected.

Mount Rainier, MD Bankruptcy ResourcesPrince Georges County Bankruptcy Means Test CalculatorAutomatically apply the Prince Georges County expense standards, and Maryland income standards to your means test calculation.
Prince Georges County Bankruptcy CourtFind where to file if you live in Prince Georges County.
Maryland Bankruptcy Exemption LawsWhat property you can keep under Maryland and federal exemption laws.

  From Other Websites:

Maryland Motor Vehicle Exemption & Other Personal Property Exemptions

Maryland Personal Property Exemptions — State System

Personal Property Exemptions Under Maryland Law

Federal Non-Bankruptcy Personal Property Exemptions(available only if using State System)

Personal Property Exemptions — Federal System § 522(d)

Free Bankruptcy Case Evaluation For Mount Rainier, MD

Jurisdictional relevance: ST

Federal Non-Bankruptcy Personal Property Exemptions
(available only if using State System)