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. Indiana permits every judgment debtor domiciled in the state exemption of real and personal property constituting:
the personal or family residence an amount up to $7,500.00 in value.
Some other exemptions may include other real or tangible personal property up to $4,000.00,
intangible personal property up to $100.00,
professionally prescribed health aids, interest in retirement plan and medical care savings accounts. (Indiana Code 34-2-28-1.)
the personal or family residence an amount up to $7,500.00 in value.
Some other exemptions may include other real or tangible personal property up to $4,000.00,
intangible personal property up to $100.00,
professionally prescribed health aids, interest in retirement plan and medical care savings accounts. (Indiana Code 34-2-28-1.)
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