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Ohio Bankruptcy

Exemption Court
Ohio Bankruptcy Exemption
Homestead:
One item of personal property used as residence by the debtor or dependent of the debtor up to the extent of $ 5000.

Wages:
Disposable earning among the greater of the two, i.e., EITHER 75 % OR 30 times the federal minimum hourly wage per week (65 times if paid semimonthly, 130 times if paid monthly).

Automobile:
One automobile of valuation up to $ 1,000.

Beddings and Apparels:
Apparels and beddings up to the extent of $ 200 per item.

Chosen Property:
Any property chosen by the debtor is exempted up to the extent of $ 400 .

Kitchen Item:
Cooking unit or other food preservation unit $ 300 each unit.

Hard Cash:
Money due within 90 days, tax, refunds and money on deposit up to the extent of $ 400.

Household Furniture:
Household furniture which includes appliances, books, animals, crops, musical instruments, firearms, and hunting and fishing equipment kept for personal usage are exempted up to $ 200 per item subject to certain limits.

Items of jewelry:
$ 400 for one item and $ 200 for other items.

Professional books and Implements:
Books and implements required in carrying on business or profession including agriculture is exempted up to the extent of $ 750.

Death Benefit:
Death benefit paid to the family of the deceased are exempted up to the extent of $ 5,000.

Sickness and Accident Insurance Benefits:
Sickness and Accident Insurance Benefits are exempted up to the extent of $ 600.

Assets and Benefits of Keogh or H.R. 10 Plan:
Amount reasonably necessary.

Personal Injury:
Personal injury awards to debtor or to a person dependent is exempted up to the extent of $ 5,000.

Total or Absolute Exemptions for:
  • Professionally Prescribed Health Aids.
  • Burial plots.
  • Unemployment compensation benefits.
  • Cash Assistance payments under Ohio work first programme.
  • Disability assistance payments.
  • Retirement benefits of public employees.
  • Living maintenance or rights benefits.
  • Living maintenance or rights benefits.
  • Fraternity benefit and society benefits.
  • Group life insurance policies and proceeds.
  • Workmen's Compensation and Unemployment Benefits.

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