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Pennsylvania Bankruptcy Exemptions

UPDATED: March 9, 2020

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Assets Exemption State Statutes
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Homestead None; however, property held as tenancy by the entirety may be exempt against debts owed by only one spouse. In re Martin, 259 B.R. 119 (M.D. Pa. 2001) �
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Tenancy by Entirety Property held as tenancy by the entirety may be exempt against debts owed by only one spouse. In re Martin, 259 B.R. 119 (M.D. Pa. 2001)
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Insurance Accident or disability benefits.� 42 Pa. Cons. Stat. Ann. � 8124 (c)(7)
� Fraternal benefit society benefits. 42 Pa. Cons. Stat. Ann. � 8124 (c)(1),(8)
� Group life policy or proceeds. 42 Pa. Cons. Stat. Ann. � 8124 (c)(5)
� Insurance policy or annuity contract payments, where insured is the beneficiary, cash value or proceeds to $100 per month. 42 Pa. Cons. Stat. Ann. � 8124 (c)(3)
� Life insurance and annuity proceeds if clause prohibits proceeds from being used to pay beneficiary�s creditors. 42 Pa. Cons. Stat. Ann. � 8124 (c)(4)
� Life insurance annuity policy cash value or proceeds if beneficiary is insured�s dependent, child or spouse. 42 Pa. Cons. Stat. Ann. � 8124 (c)(6)
� No-fault automobile insurance proceeds. 42 Pa. Cons. Stat. Ann. � 8124 (c)(9)
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Misc. Property of business partnership.� 15 Pa. Cons. Stat. Ann. � 8342
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Pensions & Retirement Savings City employees. 53 Pa. Cons. Stat. Ann. � 13445
53 Pa. Cons. Stat. Ann. � 23572
53 Pa. Cons. Stat. Ann. � 39383
42 Pa. Cons. Stat. Ann. � 8124 (b)(1)(iv)
� County employees. 16 Pa. Cons. Stat. Ann. � 4716
� Municipal employees. 53 Pa. Cons. Stat. Ann. � 881.115
42 Pa. Cons. Stat. Ann. � 8124 (b)(1)(vi)
� Police officers. 53 Pa. Cons. Stat. Ann. � 764
53 Pa. Cons. Stat. Ann. � 776
53 Pa. Cons. Stat. Ann. � 23666
42 Pa. Cons. Stat. Ann. � 8124 (b)(1)(iii)
� Private retirement benefits (IRAs, etc.) to extent tax-deferred, if clause prohibits proceeds from being used to pay beneficiary�s creditors; exemption limited to deposits of $15,000 per year made at least 1 year before filing (limit does not apply to rollovers from other exempt funds or accounts). 42 Pa. Cons. Stat. Ann. � 8124 (b)(1)(vii), (viii),(ix)
Public school employees. 24 Pa. Cons. Stat. Ann. � 8533
42 Pa. Cons. Stat. Ann. � 8124 (b)(1)(i)
State employees. 71 Pa. Cons. Stat. Ann. � 5953
42 Pa. Cons. Stat. Ann. � 8124 (b)(1)(ii)
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Personal Property Bibles and schoolbooks. 42 Pa. Cons. Stat. Ann. � 8124 (a)(2)
� Clothing. 42 Pa. Cons. Stat. Ann. � 8124 (a)(1)
� Military uniforms and accoutrements. 51 Pa. Cons. Stat. Ann. � 4103
42 Pa. Cons. Stat. Ann. � 8124 (a)(4)
� Sewing machines. 42 Pa. Cons. Stat. Ann. � 8124 (a)(3)
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Public Benefits Crime victims� compensation. 18 Pa. Cons. Stat. Ann. � 11.708
� Korean conflict veterans� benefits. 51 Pa. Cons. Stat. Ann. � 20098
� Unemployment compensation. 43 Pa. Cons. Stat. Ann. � 863
42 Pa. Cons. Stat. Ann. � 8124 (a)(10)
� Veterans� benefits. 51 Pa. Cons. Stat. Ann. � 20127
51 Pa. Cons. Stat. Ann. � 20098
51 Pa. Cons. Stat. Ann. � 20048
51 Pa. Cons. Stat. Ann. � 20012
� Workers� compensation. 42 Pa. Cons. Stat. Ann. � 8124 (c)(2)
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Tools of Your Trade Seamstress�s sewing machine. 42 Pa. Cons. Stat. Ann. � 8124 (a)(3)
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Wages Earned but unpaid wages. 42 Pa. Cons. Stat. Ann. � 8127
Prison inmates� wages. 61 Pa. Cons. Stat. Ann. � 1054
� Wages of victims of abuse. 42 Pa. Cons. Stat. Ann. � 8127 (f)
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Wildcard $300 of any property, including cash, real property, securities, or proceeds from sale of exempt property. 42 Pa. Cons. Stat. Ann. � 8123

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