As of January 1, 2021 Californians will enjoy a new homestead exemption law for California which will allow debtors to protect as much as $600,000 of their home’s equity.
California has released its 2019 California bankruptcy exemption amounts, adjusted for inflation. The new exemption amounts took effect April 1, 2019.
As of April 1, 2019, the federal homestead exemption amount — and therefore the Maryland real estate exemption amount — will increase to $25,150.
Ohio bankruptcy exemption amounts change on April 1, 2019. Here are the new exemption amounts for real estate, motor vehicles, and other major categories.
Learn the 2019 federal bankruptcy exemption amounts, means test limits, and Chapter 13 bankruptcy debt limits from Legal Consumer.