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Exemptions from Creditors

March 15, 2008
Under state and federal law, not all property can be taken to satisfy a creditor judgment. This property is known as exempt property. Certain property remains the property of a debtor so individuals can be productive members of society. Additionally, some goods such as used household goods have little value other than to the debtor.
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Exemptions from Creditors - Selected State Laws

Florida	Florida Statutes Title XV - Homestead and Exemptions
New York	New York Laws > Debtor & Creditor > Article 10-A - Personal Bankruptcy Exemptions
North Carolina	North Carolina Laws > Chapter 1C > Article 16 - Exempt Property
Texas	Texas Codes > Property Code > Title 5 - Exempt Property And Liens
Virginia	Virginia Code Title 34 Homestead and Other Exemptions

Homestead Exemptions

Click map for specifics

Homestead exemption is subject to dollar value cap.

Exemption has only an acreage cap

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