Legal Question in Bankruptcy in Pennsylvania

Exemption Amount

What is the exemption amount for personal property in chapter 7 bankruptcy if possible please break down in to parts for car, clothing and others?


Asked on 2/11/01, 12:56 am

2 Answers from Attorneys
Marc Pachtman Pachtman Law Offices

Re: Exemption Amount

Please check out my website at toughlawyers.net. You will find information on exemptions and much, much more about bankruptcy.

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Answered on 3/22/01, 10:27 am

Re: Exemption Amount

The U.S. Bankruptcy Code lists exemptions; individual states may choose to allow them or not. Pennsylvania allows the federal exemptions. They include $16,150 for a residence; $2575 for a car; $425 for any one item, up to $8625 total, for household items such as furnishings, clothes, appliances, etc.; and $1075 for jewelry.

There are additional details regarding exemptions. Feel free to contact me regarding bankruptcy matters.

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Answered on 3/23/01, 2:43 pm


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