Exemptions

Question 1

Exemptions

Answer 1

Certain property in IN is exempt and may not be levied, attached, or garnished to satisfy a judgment

Question 2

Exemption: Homestead

Answer 2

Real estate or personal property in which a person or family resides in an amount up to $19,300

Question 3

Exemption: Misc. Tangible Real and Personal Property

Answer 3

Exempt in an amount up to $10,250

Question 4

Exemption: Intangible personal property

Answer 4

Exempt in an amount up to $400

Question 5

Exemption: Professionally Prescribed Health Aids

Answer 5

Exempt in full

Question 6

Exemption: Real Estate Held as Tenant By The Entireties

Answer 6

Exempt in full

Question 7

Exemption: Retirement Plan

Answer 7

Exempt in full

Question 8

Exemption: Medical Savings Account

Answer 8

Exempt in full

Question 9

Exemption: Qualified Tuition Program

Answer 9

Exempt in full

Question 10

Exemption: Education Savings Account

Answer 10

Exempt in full

Question 11

Exemption: Earned Income Credit

Answer 11

Exempt in full

Question 12

Exemption: Disability Benefits Awarded to Veteran

Answer 12

Exempt in full

Question 13

Claiming an Exemption

Answer 13

Upon execution, debtor must submit claim of all property to sheriff

On this schedule, debtor claims real and personal property exemptions

Question 14

Distributing Sale Proceeds of Exempt Property

Answer 14

In this order:

(1) Exemption amount to debtor
(2) Costs of sale
(3) Judgment creditor
(4) Creditors with subordinate liens
(5) Debtor