Maryland has no statutory homestead exemption, but a court has held that a residence owned by a married couple as a tenancy by the entirety is exempt if only one spouse is the debtor.
The references to Maryland statutes are to the Maryland Code of Courts and Judicial Proceedings.
Resources:
United States Bankruptcy Court, District of Maryland
| Maryland Bankruptcy Exemptions | ||
| Assets | Exemption | State Statute |
| Homestead | No exemption | |
| Insurance | Health or disability benefits, including settlements and arbitration and court awards: all | Courts and Judicial Proceedings 11-504(b)(2) |
| Medical insurance benefit deductions from wages and medical insurance payments: are included in the exemptions for wages up to $145 per week or 75% of disposable weekly wages, whichever is greater. | Commercial Law 15-601.1(b) | |
| Fraternal benefit society benefits: all. | Insurance 8-431; Estates and Trusts 8-115 | |
| Life insurance/annuity proceeds and avails: all if beneficiary is the child, spouse, or dependent of the insured. | Insurance 16-111(a); Estates and Trusts 8-115 | |
| Pensions | Federal pension exemptions. | |
| State employee pensions: all. | State Personnel and Pensions 21-502 | |
| Personal Property | Burial plot: all. | Business Regulationv 5-503v |
| Perpetual care trust fund: all | Business Regulation 5-602 | |
| Recoveries for lost future earnings: all. | Courts and Judicial Proceedings 11-504(b)(2) | |
| Health aids: all. | Courts and Judicial Proceedings 11-504(b)(3) | |
| Household goods, furniture, appliances, books, pets, and clothing: up to $1,000 total. | Courts and Judicial Proceedings 11-504(b)(4) | |
| Prepaid college trust fund: all. | Education 18-1913 | |
| Public Benefits | Death benefits for Baltimore police: all. | Code of 1957 article 24, 16-103 |
| General assistance benefits: all. | Code of 1957 88A-73 | |
| Crime victims' compensation benefits: all. | Criminal Procedure 11-816(b) | |
| Unemployment compensation benefits: all. | Labor and Employment 8-106 | |
| Workers' compensation benefits: all. | Labor and Employment 9-732 | |
| Tools of Your Trade | Tools, instruments, appliances, books, and clothing: up to $5,000. | Courts and Judicial Proceedings 11-504(b)(1) |
| Wages | Wages earned but not yet paid, for Kent, Caroline, and Queen Anne's of Worchester counties: at least 75% of weekly wage or 30 times the federal minimum hourly wage, whichever is greater. | Commercial Law 15-601.1 |
| Wages earned but not yet paid, for the rest of the state: at least 75% of the weekly wage or $145, whichever is greater. | Commercial Law 15-601.1 | |
| Wildcard | Any property or cash: up to $6,000 if claimed within 30 days of levy or attachment. | Courts and Judicial Proceedings 11-504(b)(5) |
| Any real or personal property: up to $5,000 in addition to wildcard above. | Courts and Judicial Proceedings 11-504(f) | |