Exemptions in Chapter 13
for Akron & Cleveland, Ohio Bankruptcy



Exempt property is never included in bankruptcy
and you're entitled to keep it

To help determine how much debt you’ll have to repay in a Chapter 13 bankruptcy, Ohio bankruptcy exemptions outline which assets cannot be liquidated in Chapter 13 bankruptcy cases. This means, you can keep the property protected by Ohio bankruptcy exemption laws.

In Chapter 7, exemptions help determine which property you can keep while exemptions in Chapter 13 help determine how much you’ll have to pay unsecured creditors.

In Chapter 13 debt such as credit cards, past-due utility bills, medical bills and other unsecured debt do NOT have to be paid back in full. The amount you do have to pay back is determined by your disposable income and whether you’re able to exempt your assets (or a portion of your assets) under the Ohio bankruptcy exemption laws.


To be clear, most assets are able to be exempted (Meaning you keep can most of your possessions). Less than 5% of all bankruptcies filed have assets that are not exempt.

Exemptions and your Chapter 13 bankruptcy

Chapter 13 exemptions are handled differently than Chapter 7 bankruptcy exemptions. If you can’t fully exempt an asset in a Chapter 7 case, the trustee may sell it to pay your creditors. In a Chapter 13 bankruptcy, the trustee will not sell your nonexempt assets. Instead, over a 3-5 year period, you pay the nonexempt portion or property to your unsecured creditors. You must pay the minimum amount approved by the court and this depends on your disposable income and other financial circumstances.

Ohio bankruptcy exemptions

Here's a list of commonly used Ohio bankruptcy exemptions, used in Chapter 7 and Chapter 13.


AKRON BANKRUPTCY ATTORNEY, DEAN PAOLUCCI WILL FIGHT HARD TO MAKE SURE YOUR PLAN IS APPROVED FOR THE LOWEST PAYMENT PLAN POSSIBLE AND THAT ALL YOUR EXEMPT ASSESTS ARE INCLUDED AND PROTECTED FROM BEING TAKEN AWAY.

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