Ohio Bankruptcy Exemptions

On this page you can find all of the exemptions for Ohio. Exemptions are the property that you can keep when you file bankruptcy.

CATEGORY
PROPERTY
AMOUNT
STATUTE
Homestead
One parcel or item of real or personal property used as residence by debtor or a dependent of the debtor
$132,900
Ohio Rev. Code § 2329.66(A)(1)(a)&(b)
Motor Vehicle
1 motor vehicle
$3,450
Ohio Rev. Code § 2329.66(A)(2)
Wild Card
Any property chosen by debtor
$1150 (this exemption applies only in bankruptcy cases)
Ohio Rev. Code § 2329.66(A)(18)
Wild Card
Any property exempt under any non-bankruptcy federal statute
100% of federal exemption
Ohio Rev. Code § 2329.66(A)(17)
Wages / Wage Garnishment
Disposable earnings earned in preceding 30 days (disposable earnings are earnings less deductions required by law)
75% OR 30 times the federal minimum hourly wage per week (65 times if paid semimonthly, 130 times if paid monthly) WHICHEVER IS GREATER
Ohio Rev. Code§ 2329.66(A)(13)
Insurance
Proceeds & avails of life insurance & annuity policies payable to spouse, children, dependent relative, or creditor of insured
100%
Ohio Rev. Code §§ 3911.10, 2329.66(A)(6)(b)
Insurance
Death benefits paid by benevolent society or association to family of deceased member
$5,000
Ohio Rev. Code §§ 2329.63, 2329.66(A)(6)(a)
Insurance
Payments under stock bonus, pension, profit-sharing, annuity or similar plan on account of illness, disability, death, age or length of service, to the extent reasonably necessary for support of debtor or dependents
100%
Ohio Rev. Code § 3923.19(B)
Insurance
Benefits under policies of sickness and accident insurance, to the extent reasonably necessary for support of debtor or dependents
100%
Ohio Rev. Code § 3923.19(A)
Insurance
Sickness & accident insurance benefits
Amount reasonably necessary to support debtor and dependents
Ohio Rev. Code §§ 3923.19, 2329.66(A)(6)(e)
Insurance
Fraternal Benefit Society benefits
100%
Ohio Rev. Code §§ 3921.18, 2329.66(A)(6)(d)
Insurance
Group life insurance policies & proceeds
100%
Ohio Rev. Code §§ 3917.05, 2329.66(A)(6)(c)
Personal Property
* *Personal injury awards to debtor or to a person for whom debtor is a dependent (does not include amounts awarded for pain & suffering or for actual pecuniary loss)
$21,625
Ohio Rev. Code § 2329.66(A)(12)(c)
Personal Property
Wearing apparel, beds & bedding
$200 per item (no aggregate limit)
Ohio Rev. Code § 2329.66(A)(3)
Personal Property
* * Payments on account of the wrongful death of person of whom debtor was a dependent
Amount reasonably necessary to support debtor & dependents
Ohio Rev. Code § 2329.66(A)(12)(b)
Personal Property
Burial lots
100%
Ohio Rev. Code §§ 1721.10, 517.09,2329.66(A)(8)
Personal Property
Medically necessary or professionally prescribed health aids
100%
Ohio Rev. Code § 2329.66(A)(7)
Personal Property
Items of jewelry
$1,450
Ohio Rev. Code § 2329.66(A)(4)(b)
Personal Property
Household furnishing & goods, appliances, books, animals, crops, musical instruments, firearms, and hunting & fishing equipment held primarily for the personal, family or household use of the debtor
$525 per item, but cannot include items listed in division (A)(3), above. (Aggregate limit is $11,525)
Ohio Rev. Code § 2329.66(A)(4)(a)
Personal Property
* * Payments in compensation for loss of future earnings of debtor or of a person of whom debtor is or was a dependent
Amount reasonably necessary to support debtor & dependents
Ohio Rev. Code§ 2329.66(A)(12)(d)
Personal Property
Cash on hand, money due & payable, money due within 90 days, tax, refunds and money on deposit (may include portion of earnings not otherwise exempt)
$425 (this exemption applies only in bankruptcy cases)
Ohio Rev. Code § 2329.66(A)(3)
Pensions / Retirement Accounts
Pension and disability-police and firemen
100%
Ohio Rev. Code §742.47
Pensions / Retirement Accounts
The right to payments under certain private pension or annuity plans (see statute for limitations)
amount reasonably necessary to support debtor & dependents
Ohio Rev. Code § 2329.66(A)(10)(b)
Pensions / Retirement Accounts
Pension & retirement benefits of public employees, volunteer firemen & dependants, policemen, teachers, school employees, & highway patrolmen
100%
Ohio Rev. Code §§ 2329.66(A)(10)(a)
Pensions / Retirement Accounts
Retirement state-highway patrol
100%
Ohio Rev. Code § 5505.22
Pensions / Retirement Accounts
Volunteer firefighters' benefits
100%
Ohio Rev. Code § 146.13
Pensions / Retirement Accounts
Pension-state teachers, public school employees
100%
Ohio Rev. Code §3309.66
Pensions / Retirement Accounts
Old Age and Survivors' insurance benefits for municipal employees
100%
Ohio Rev. Code § 145.56
Pensions / Retirement Accounts
Assets and benefits of Keogh or H.R. 10 Plan
Amount reasonably necessary for the support of debtor and dependent
Ohio Rev. Code § 2329.66(A)(10)(d)
Pensions / Retirement Accounts
Assets and benefits of individual retirement annuities, IRAs, Roth IRAs and Education IRAs
100% of amounts qualified under or protected by the Internal Revenue Code
Ohio Rev. Code § 2329.66(A)(10)(c)
Tools of the Trade
Seal & register of notary public
100%
Ohio Rev. Code §§ 147.04, 2329.66(A)(15)
Tools of the Trade
Implements, professional books, or tools of debtor's profession, trade or business, including agriculture
$2,175
Ohio Rev. Code § 2329.66(A)(5)
Public Benefits
Living maintenance or rights benefits (a)
100%
Ohio Rev. Code § 3304.19, 2329.66(A)(9)
Public Benefits
* * Crime reparations awards
100% (exemption does not apply against creditors furnishing products, services or accommodations included in the award
Ohio Rev. Code § 2743.66(D), 2329.66(A)(12)(a)
Public Benefits
Earned Income Tax Credit & Child Tax Credit
100%
Ohio Rev. Code §2329.66(A)(9)(g)
Public Benefits
Disability assistance payments
100%
Ohio Rev. CODE §§ 2329.66(A)(9)(f), 5115.06
Public Benefits
Cash assistance payments under Ohio work first program
100%
Ohio Rev. CODE §§5107.75,2329.66(A)(9)(d)
Public Benefits
Unemployment compensation benefits
100%
Ohio Rev. CODE §§4141.32; 2329.66(A)(9)(c)
Public Benefits
Workmen's compensation benefits
100% (except child support)
Ohio Rev. Code § 4123.67, 2329.66(A)(9)(b)
Public Benefits
General assistance benefits
100%
Ohio Rev. Code §2329.66(A)(9)(e)
Miscellaneous
Debtor's interest in specific partnership property
100%
Ohio Rev. Code §§ 1775.24, 2329.66(A)(14)
Miscellaneous
Right to receive alimony, child support, an allowance or maintenance
Amount reasonably necessary to support debtor & dependents
Ohio Rev. Code § 2329.66(A)(11)
Miscellaneous
Property of benevolent societies-regalia, insignia, journals, etc.
100%
Ohio Rev. Code §2329.64
Tuition Savings Account
Tuition credits and tuition credit contract payments
100%
Ohio Rev. Code §§ 2329.66(A)(16), 3334.15

If you want to learn more about filing bankruptcy in Ohio please visit our FAQ Page or for more information about Ohio you can visit the Ohio section.