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What are the Ohio bankruptcy exemptions?

Under Ohio law, you may exempt the following property from bankruptcy:

  • Up to $145,425 in home equity.
  • Up to $4,000 of value in a motor vehicle.
  • Up to $500 of cash on hand or on deposit.
  • Household items worth less than $625, up to an aggregate total of goods worth
    $13,400.
  • Up to $1,700 in jewelry.
  • Up to $2,550 in property used for your job or business.
  • Up to $25,175 in personal injury lawsuit compensation.
  • Up to 75 percent of your wages.
  • The full amount of your life insurance policy.
  • The full value of your burial plot.
  • The full amount of your workers’ compensation benefits.
  • The full amount of unemployment benefits.
  • The full value of your retirement plans or accounts.
  • Up to $1,325 of value in any property you choose. The amount can be added on to other exemptions or used to protect property that is not otherwise exempt.
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