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    Minnesota

    In general, a debtor may claim exemption of his homestead and certain personal property from attachment and execution of a judgment, or in a bankruptcy proceeding.

    The debtor's dwelling place, together with the land upon which it is situated to the amount of area and value hereinafter limited and defined, shall constitute the homestead of such debtor and the debtor's family, and be exempt from seizure or sale under legal process. (Sec. 501.01.) The amount of such homestead exemption, however, may not exceed $200,000 or, if the homestead is used primarily for agricultural purposes, $500,000. (Sec. 510.05.)
    Some of the personal property which may be exempt from seizure or sale may include:

    the debtor's family Bible, library, and musical instruments,
    a seat or pew in any house or place of public worship,
    a lot in any burial ground,
    wearing apparel,
    one watch,
    utensils, and foodstuffs of the debtor and the debtor's family;
    household furniture, household appliances, phonographs, radio and television receivers of the debtor and the debtor's family, not exceeding $8,100 in value;
    life insurance, unmatured, $7,200;
    Farm machines and implements used in farming operations by a debtor engaged principally in farming, livestock, farm produce, and standing crops, not exceeding $13,000 in value;
    tools, implements, machines, instruments, office furniture, stock in trade, and library reasonably necessary in the trade, business, or profession of the debtor, not exceeding $9,000 in value (This and the previous exemption cannot exceed $13,000);
    motor vehicle, $3,600. If modified for the disabled, $36,000;
    Additional exempt personal property may include certain public assistance,
    employee benefits, $54,000;
    retirement plans, $54,000;.
    www.BankruptcyForum.com

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