Pennsylvania Bankruptcy Exemptions

Unlike some states, Pennsylvania residents are allowed to use state and federal bankruptcy exemptions. These exemptions include but are not limited to:

Federal Bankruptcy Exemptions

  • Child support
  • Recent unpaid back taxes
  • Some student loans
  • Alimony
  • Purchases made within 90 days of filing
  • Fraudulent debts
  • Life insurance contracts
  • Pensions and retirement benefits
  • Lost earnings payments
  • Unemployment benefits
  • Some personal injury settlements

Pennsylvania State Bankruptcy Exemptions

  • Personal clothings
  • Books – Bibles, textbooks, etc.
  • Professional work uniforms
  • Retirement funds
  • Pension or annuity
  • Insurance proceeds
  • Social security benefits
  • Workers’ compensation benefits

If you are considering filing Chapter 7, 11 or 13 Bankruptcy, do not hesitate to consult with an experienced bankruptcy attorney. Contact Real World Law, PC to schedule a consultation with Philadelphia Solo Bankruptcy Lawyer, Dr. Glenn A. Brown.

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