Indiana State Exemption List

Only State Exemptions Allowed

In the state of Indiana you can only use the State of Indiana Bankruptcy Exemption List. You can not use the federal bankruptcy exemption list. There may be certain federal supplemental exemptions you can use. All exemptions should be discussed with your Indiana Bankruptcy Attorney.

Indiana has created bankruptcy exemptions to allow you to maintain enough public benefits, wages, personal property and insurance to start over after filing bankruptcy in Indiana. There may be certain residency requirements to use the State of Indiana Bankruptcy Exemption List.

The following table will outline the Indiana Bankruptcy Exemptions. Some of your property or assets may not have a matching exemption.

Exemptions	Exemption Amount	Statutes
Homestead	Real or personal property used as residence to $7,500 (homestead plus personal property, except health aids can not exceed $10,000)	34-55-10-2(b)(1) 34-55-10-2(c)
	Property held as tenancy by the entirety may be exempt against debts incurred by only one spouse	34-55-10-2(b)(5)
Public Benefits	Crime victims’ compensation unless seeking to discharge debt for treatment of injury incurred during the crime	12-18-6-36
	Unemployment compensation	22-4-33-3
	Workers’ compensation	22-3-2-17
Tools of Trade	National guard uniforms, arms and equipment	10-2-6-3
Wages	Minimum 75% of earned but unpaid wages; bankruptcy judge may authorize more for low-income debtors	24-4.5-5-105
Wild Card	$4,000 of any real estate or tangible personal property	34-55-10-2(b)(2)
Pensions	Firefighters	36-8-7-22, 36-8-8-17
	Police officers (only benefits building up)	10-1-2-9, 36-8-8-17
	Public employees	5-10.3-8-9
	Public or private retirement benefits	34-2-28-1 (a)(6)
	Sheriffs (only benefits building up)	36-8-10-19
	State teachers	21-6.1-5-17
Personal Property	Health aids	34-2-28-1 (a)(4)
	$100 on any intangible personal property, except money owed to you	34-2-28-1 (a)(3)
Miscellaneous	Property of business partnership	23-4-1-25