laz
10-13-2004, 11:42 AM
Homestead • Up to 1 acre of real property, or land/co•op or condo under long•term lease, up to value of $30,000 for married debtor/head of household/debtor over 65, and $20,000 for all others. Proceeds exempt for 6 months; homestead subject to certain liens.
Insurance • Annuity or endowment policy,
Disability benefits,
Fraternal society benefits
group Life insurance
Life or health insurance policy for spouse or child of debtor
All proceeds and cash values of life insurance/group life insurance/annuity contracts exempt from claims against insured or beneficiaries unless obtained in defraud of creditors.
Insurance proceeds of exempt property are exempt for 6 months.
Miscellaneous • Partnership Property • Uniform Partnership Act provision exempting a partner's interest in specific partnership property applies.
Pensions and Retirement Benefits • All state and certain municipality Pensions and Retirement Benefits and Retirement Benefits exempt, as are contributions to tax qualified private Pensions and Retirement Benefits plan made more than three years prior to filing.
Personal Property • All necessary household clothing, books, clothing, appliances and household furnishings.
$1,000 in jewelry and watches
Down payment reserves for non•subsidized housing projects are exempt.
$2,575 in one vehicle exempt.
Public Benefits • Workers' compensation
Unemployment compensation
Unemployment work relief funds to $60 per month
Public assistance paid by Dept. of Health Services
Tools of trade • Needed for livelihood exempt (including one motor vehicle and one commercial fishing boat).
Wages • Unpaid wages due for services of past 31 days; after 31 days, 95% of 1st $100; 90% of 2nd $100; 80% of balance; prisoner's wages held by Dept. of Public Safety
Wild Card • None
Insurance • Annuity or endowment policy,
Disability benefits,
Fraternal society benefits
group Life insurance
Life or health insurance policy for spouse or child of debtor
All proceeds and cash values of life insurance/group life insurance/annuity contracts exempt from claims against insured or beneficiaries unless obtained in defraud of creditors.
Insurance proceeds of exempt property are exempt for 6 months.
Miscellaneous • Partnership Property • Uniform Partnership Act provision exempting a partner's interest in specific partnership property applies.
Pensions and Retirement Benefits • All state and certain municipality Pensions and Retirement Benefits and Retirement Benefits exempt, as are contributions to tax qualified private Pensions and Retirement Benefits plan made more than three years prior to filing.
Personal Property • All necessary household clothing, books, clothing, appliances and household furnishings.
$1,000 in jewelry and watches
Down payment reserves for non•subsidized housing projects are exempt.
$2,575 in one vehicle exempt.
Public Benefits • Workers' compensation
Unemployment compensation
Unemployment work relief funds to $60 per month
Public assistance paid by Dept. of Health Services
Tools of trade • Needed for livelihood exempt (including one motor vehicle and one commercial fishing boat).
Wages • Unpaid wages due for services of past 31 days; after 31 days, 95% of 1st $100; 90% of 2nd $100; 80% of balance; prisoner's wages held by Dept. of Public Safety
Wild Card • None