| UNITED STATES BANKRUPTCY COURTS | |||||||||||||||
| State Of Pennsylvania | |||||||||||||||
|
|||||||||||||||
|
|||||||||||||||
|
|||||||||||||||
|
|||||||||||||||
|
|||||||||||||||
|
|||||||||||||||
|
|||||||||||||||
|
|||||||||||||||
| Pennsylvania
Eastern District Court Pennsylvania Western District Court |
| Exemptions:
In general, a debtor may claim exemption of certain personal property from attachment or execution or forced sale for the payment of debts. The Pennsylvania Consolidated Statutes contains no provision for homestead exemption. Pennsylvania does not permit waiver of the exemptions from attachment or execution granted by statute by the debtor by express or implied contract before or after the commencement of the matter, the entry of judgment or otherwise. (42 Pa.C.S. § 8122.) A judgment debtor generally is entitled to exemption from execution certain general monetary exemptions up to $300 in bank notes, money, securities, real property, judgments or other indebtedness due the judgment debtor. (42 Pa.C.S. § 8123.) Particular enumerated items of personal property which may be exempt may include goods such as wearing apparel, bibles and school books, sewing machines belonging to seamstresses or used and owned by private families, but not including sewing machines kept for sale or hire, and uniforms and accouterments; qualified retirement funds and accounts, pension or annuity, insurance proceeds, social security benefits, and workers' compensation benefits. (42 Pa.C.S. § 8124.) |
| Links to Pennsylvania laws, government agencies, and organizations are included here. Always discuss actual cases with your actual legal advisor or legal department. The Pennsylvania Bar Association is linked here. |
| Lawdog assumes no responsibility for links away from this site. Copyright © 1996-2000 by LAWDOG.COM Publishing, Inc |