Indiana Bankruptcy ExemptionsHomestead 34-55-10-2 - Real or personal property used as a residence up to $15,000; tenancies by the entirety may be exempt from debts incurrecy by only one spouse. Personal Property 30-4-3-2 - Spendthrift trusts. 34-55-10-2 - Health aids; medical savings account monies; up to $300 of intangible personal property (except for money owed to you); up to $8,000 of real estate or tangible personal property; Wages 24-4.5-5-105 - Either minimum of 75%° of earned but unpaid wages or 30 times the federal minimum hourly wage: whichever is greater. Judge may approve more for low-income debtors. Pensions 11 U.S.C. § 522 - Tax exempt retirement accounts. Traditional IRAs and Roth IRAs up to $1,095,000 per person. 5-10.3-8-9 - Public employees. 36-8-8-17 & 10-12-2-10 - Police officers. 5-10.4-5-14 - State teachers. 34-55-10-2 - Public or private retirement benefits. 36-8-7-22 & 36-8-8-17 - Firefighters. 36-8-10-19 - Sheriffs Public Benefits 5-2-6.1-38 - Crime victims' compensation, unless seeking to discharge debt for treatment of crime-related injury which compensation has already been received for. 22-3-2-17 - Workers' compensation. 22-4-33-3 - Unemployment compensation. Tools of Trade 10-16-10-3 - National guard arms, uniforms, and equipment. Insurance 27-1-12-14 - Life insurance policy or proceeds if beneficiary is spouse or dependent. 27-1-12-29 - Group life insurance policy. 27-2-5-1 - Life insurance proceeds if policy prohibits use to pay creditors. 27-8-3-23 - Mutual life or accident policy proceeds as needed for support. 27-11-6-3 - Fraternal benefit society benefits. 27-1-12-17.1 - An employer's life insurance policy on an employee. Misc. 23-4-1-25 - Business partnership property. Other - Add any applicable Federal Nonbankruptcy Exemptions HOME BANKRUPTCY STEPS FREE CONSULTATION EMERGENCY FILING
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