| ASSET |
EXEMPTION DESCRIPTION |
LAW SECTION |
| HOMESTEAD |
NONE, however, property held as tenancy
by the entirety may be exempt against debts owed by only one spouse |
In re Sefren
41 B.R. 747 (D. Md. 1984) |
| |
|
|
| INSURANCE |
Disability or health benefits, including
court awards, arbitrations and settlements |
Courts and Jud. Proceedings 11-504(b)(2) |
| |
Fraternal benefit society benefits |
Ins. 8-431; Estates & Trusts 8-115 |
| |
Life insurance or annuity contract proceeds
or avails if beneficiary is insured?s dependent, child or spouse |
Ins. 16-111(a), Estates & Trusts 8-115 |
| |
Medical benefits deducted from wages |
Commercial 15-601.1 |
| |
|
|
| MISC. |
Property of business partnership |
Corporation 9-502 |
| |
|
|
| PENSIONS |
Deceased Baltimore police officers (only
benefits building up) |
73B-49 |
| |
ERISA-qualified benefits, except IRAs |
Courts & Jud. Proceedings 11-504(b) |
| |
State employees |
Pers. & Pens. 21-502 |
| |
State police |
88B-31 |
| |
|
|
| PERSONAL PROPERTY |
Appliances, furnishings, household goods,
books, pets and clothing to $1,000 total |
Courts & Jud. Proceedings 11-504(b)(4) |
| |
Burial plots and crypts |
5-503 |
| |
Health aids |
Courts & Jud. Proceedings 11-504(b)(3) |
| |
Lost future earnings recoveries |
Courts & Jud. Proceedings 11-504(b)(2) |
| |
|
|
| PUBLIC BENEFITS |
AFDC, general assistance |
88A-73 |
| |
Crime victims? compensation |
Proc. 11-816 |
| |
Unemployment compensation |
Lab. & Empl. 8-106 |
| |
Workers? compensation |
Lab. & Empl. 9-732 |
| |
|
|
| TOOLS OF TRADE |
Clothing, books, tools, instruments and
appliances to $5,000; can?t include car (In re Chapman, 68 B>R>
745 (D. Md. 1986) |
Courts & Jud. Proceedings 11-504(b)(1) |
| |
|
|
| WAGES |
Earned but unpaid wages, the greater of
75% or $415 per week; in Kent, Caroline and Queen Anne?s of Worcester
Counties, the greater of 75% of actual wages or 30% of federal minimum
wage |
Commercial
15-601.1 |
| |
|
|
| WILD CARD |
$6,000 of cash or property of any kind and $5,000 of real or personal property |
Courts 7 Jud. Proceedings 11-504(b)(5),
(f) |
