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Attention: All 94-bankruptcy districts charge the same filing fees. Chapter 7: $306 Chapter 13: $281 |
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OHIO EXEMPTION LISTHow to use this table of exemptions, by Attorney Thomas A. Prediletto. The following is a summary of the Ohio exemptions that can be claimed (used) to exempt both your real and personal property in a bankruptcy petition. However, if your residence has not been continuously in the state of Ohio for the two years prior to filing a bankruptcy petition, there are laws that apply as to which state or federal exemptions may be used. Exempt property of a debtor is property of the debtor that is not available to be used (sold) to pay his/her unsecured creditors and is not subject to the claims of unsecured creditors, but may be subject to the rights of secured creditors and lien holders. When reviewing the list for exemptions for your own property you should be aware that there may not be a “matching” exemption. Some state exemptions contain a “wildcard” which can be used if a matching exemption cannot be found in the list of exemptions. Also, an individual must own an interest in the property to claim the property as exempt. The debtor may exempt the equity (value of property less the total amount owed against it) however; any equity value in the property above the exemption amount may be subject to the claims of unsecured creditors. By way of example, if you own a home worth $250,000 and owe a total of $200,000 against it (combining all mortgage/home equity lines of credit and/or liens against the property) the amount of equity you would need to protect is $50,000. So long as the homestead exemption is more than $50,000 the full amount of the equity is exempt and not subject to the claims of your unsecured creditors. In the alternative, say the home is worth $250,000 and you only owe $100,000 against it, anything over the exemption amount is subject to the claims of the unsecured creditors. The same type example would apply to a motor vehicle, though the exemption for a motor vehicle is less than the amount of the exemption for a home. Please note that all of the exemptions may be doubled if a married couple is filing, with the exception of the homestead exemption. To view Ohio exemption list and amounts available, click here or scroll down the page. To view Ohio Codes, visit Justia US Laws - Ohio Code. |
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| Description | LAW |
Max Individual Amount |
Max Joint Amount |
| Aid To Dependent Children | R.C. §§ 5107.12, 2329.66(A)(9)(d) | UNLIMITED | |
| Alimony Or Child Support Payments | R.C. § 2329.66(A)(11) | UNLIMITED | |
| Any Property Chosen By Debtor | R.C. § 2329.66(A)(18) | $1,175.00 | $2,350.00 |
| Beneficiary Funds Paid To Deceased Member’s Family | R.C. §2329.63, 2329.66(A)(6)(a) | $5,000.00 | $10,000.00 |
| Burial Lots | R.C. §§ 1721.07, .10, 517.09, 2329.66(A)(8) | UNLIMITED | |
| Cash On Hand, Money Due & Payable | R.C. § 2329.66(A)(3) | $400.00 | $800.00 |
| Cemetery Association Property | R.C. §§1721.01; 1743.03 | UNLIMITED | |
| Child Tax or Earned Income Credit Payments (IRC §§24, §32) | R.C. § 2329.66(A)(9)(g) | UNLIMITED | |
| Compensation For Loss Of Future Earnings | R.C. § 2329.66(A)(12)(d) | UNLIMITED | |
| Crime Reparations Awards | R.C. §§ 2743.66(d), 2329.66(A)(12)(a) | UNLIMITED | |
| Death Benefit Payments | R.C. § 2329.63, 2329.66(A)(6)(a) | $5,000.00 | $10,000.00 |
| Disability Assistance Payments | R.C. §§ 2329.66(A)(9)(f), 5115.07 | UNLIMITED | |
| Disposable Earnings | R.C. § 2329.66(A)(13) | UNLIMITED | |
| Employee Rights | R.C. § 3305.08 | UNLIMITED | |
| Exempt Property Under Federal Statute | R.C. § 2329.66(A)(17) | UNLIMITED | |
| Fraternal Benefit Society Benefits | R.C. §§ 3921.18, 2329.66(A)(6)(d) | UNLIMITED | |
| Health Aids | R.C. § 2329.66(A)(7) | UNLIMITED | |
| Homestead | R.C. § 2329.66(A)(1) | $21,625.00 | $43,250.00 |
| Household Furnishings & Appliances ($525 per item) | R.C. § 2329.66(A)(4)(a) | $11,525.00 | $23,050.00 |
| IRA, Keogh, Etc. Benefits | R.C. § 2329.66(A)(10)(c) | UNLIMITED | |
| Jewelry for Personal, Fam., Household Use (one or more item) | R.C. § 2329.66(A)(4)(b) | $1,450.00 | $2,900.00 |
| Life Insurance Proceeds | R.C. § 3911.10, 2329.66(A)(6)(b) | UNLIMITED | |
| Life Insurance Proceeds - Group | R.C. §§ 3917.05, 2329.66(A)(6)(c) | UNLIMITED | |
| Livestock Dealers' Deposits | R.C. § 943.03 | UNLIMITED | |
| Motor Vehicle | R.C. § 2329.66(A)(2) | $3,450.00 | $6,900.00 |
| Motor Vehicle Financial Responsibility Deposits | R.C. § 4509.63 | UNLIMITED | |
| Pension And Retirement Benefits - Public | R.C. § 2329.66(A)(10)(a), § 521.09 | UNLIMITED | |
| Pension Or Annuity Payments - Private | R.C. § 2329.66(A)(10)(b) | UNLIMITED | |
| Personal Injury Awards | R.C. § 2329.66(A)(12)(c) | $21,625.00 | $42,250.00 |
| Prevention, Retention & Contingency Public Assistance Benefits | R.C. §§5108.08, 2329.66(A)(9) | UNLIMITED | |
| Property Of Benevolent Society | R.C. §2329.64 | UNLIMITED | |
| Public Welfare | R.C. § 2329.66(A)(9)(d), 5107.75 | UNLIMITED | |
| Retirement Benefits - Police/Firemen | R.C. §742. 47 | UNLIMITED | |
| Retirement Benefits - School Employees | R.C. §3309.66 | UNLIMITED | |
| Retirement Benefits - Teachers | R.C. §3307.71 | UNLIMITED | |
| Seal & Register Of Notary Public | R.C. §§ 147.04, 2329.66(A)(15) | UNLIMITED | |
| Sickness & Accident Insurance Benefits | R.C. §§ 3923.19, 2329.66(A)(6)(e) | UNLIMITED | |
| Specific Partnership Property | R.C. §§ 1775.24(B)(3), 2329.66(A)(14) | UNLIMITED | |
| Tools Of Trade - Books, Equipment | R.C. § 2329.66(A)(5) | $2,175.00 | $4,350.00 |
| Tuition Unit and Tuition Payment Contracts | R.C. § 2329.66(A)(16),3334.15 | UNLIMITED | |
| Unemployment Compensation Benefits | R.C. §§ 4141.32, 2329.66(A)(9)(c) | UNLIMITED | |
| Vocational Rehabilitation Benefits | R.C. §§ 3304.19, 2329.66(A)(9)(a) | UNLIMITED | |
| Workmen's Compensation Benefits | R.C. §§ 4123.67, 2329.66(A)(9)(b) | UNLIMITED | |
| Wrongful Death Payments | R.C. § 2329.66(A)(12)(b) | UNLIMITED |
