Pennsylvania Bankruptcy Exemptions
Homestead
None, but tenancies by the entirety are exempt without limit as to debts of
one spouse [In re McCormick, 18 B.R. 911 (W D. Pa. 1982)].
Personal Property
42-8123 - $300 of any property.
42-8124 - Clothing, bibles, school books, sewing machines, uniform, and
accoutrements.
Wages
42-8127 - Earned but unpaid wages; Victims' of abuse wages.
61-1054 - Prison inmates' wages.
Pensions
11 U.S.C. § 522 - Tax exempt retirement accounts; Traditional and Roth IRAs
up to $1,095,000 per person.
16-4716 -County employees.
24-8533 & 42-8124 - Public school employees.
42-8124 - Private retirement benefits if plan provides benefits are not
assignable up to $15,000 per year deposited and if deposited at least 1 year
before filing.
53-764 & 53-776 & 53-23666 - Police officers.
42-8124 & 53-881.115 - Municipal employees.
53-13445 & 53-23572 & 53-39383 - City employees.
42-8124 & 71-5953 - State employees.
Public Benefits
18-11.708 - Crime victims' compensation.
42-8124 - Workers' compensation and unemployment compensation.
51-20012 - Veterans' benefits.
51-20098 - Korean conflict veterans' benefits.
Insurance
42-8124 - Fraternal benefit society benefits; insurance or annuity payments
up to $100 per month if insured is the beneficiary; annuity or life
insurance proceeds if policy provides such proceeds are not assignable;
group insurance policy or proceeds; annuity or life insurance proceeds if
beneficiary is decedent's spouse, child, or other dependent relative;
accident or disability insurance proceeds; no-fault automobile insurance
proceeds.
Miscellaneous
15-8342 - Business partnership property.