What are the bankruptcy exemptions, in Indiana, under the NEW law?

Is there a webpage that compares Indiana’s OLD bankruptcy exemptions vs. the NEW bankruptcy exemptions?

This entry was posted on Thursday, September 17th, 2009 at 10:01 pm and is filed under Bankruptcy Law. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

3 Responses to “What are the bankruptcy exemptions, in Indiana, under the NEW law?”

1. GDI Associate Says:
   September 18th, 2009 at 4:58 am

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2. Dawn H Says:
   September 20th, 2009 at 10:12 pm

   The homestead exemption and tangible personal property exemptions both increased in Indiana. Also, under the new law, the EIC portion of tax refunds are now exempt. Check out the site below. It has a link to the section of the Indiana Code regarding bankruptcy exemptions.

   Good luck! Of course, if you are considering filing, you should definitely contact an attorney.

3. DisneyMom92 Says:
   September 21st, 2009 at 12:28 am

   I know of no online source, but access indiana may have one. The exemptions essentially doubled in July 2005. Real estate exemption (for the residence you live in) went from $7500 individually to $15000, personal property (everything else) went from $2000 to $4000, individually. A joint filing would double the exemptions. Exemptions apply to equity only (value-amount owed=equity).