Maryland Bankruptcy Exemptions
Only The State Exemptions are Allowed
Real or personal property |
$5,000
|
Tools of trade, including wearing apparel, books, tools, instruments, or appliances |
$5,000 |
Household goods and furnishings, wearing apparel, books, animals kept as pets, and other household items |
$1,000 |
Wildcard - cash or property of any kind exempt, if within 30 days from the date of the attachment or the levy by the sheriff, the debtor elects to exempt cash or selected items of property |
$6,000 |
NOTE: These are the major bankruptcy exemptions.
Check with your bankruptcy lawyer for a full exemptions list.