Pennsylvania Bankruptcy Exemptions
What property can you keep when filing Chapter 7 in Pennsylvania?
Federal exemption option available: Pennsylvania allows debtors to choose between state exemptions or the federal bankruptcy exemption schedule. You must pick one complete set.
Pennsylvania Homestead Protection
None
Pennsylvania does not provide a separate homestead exemption. Homeowners may use other exemptions or the wildcard to protect home equity.
Pennsylvania Exemption Table
2025/2026 figures — Chapter 7 bankruptcy
How to Claim Exemptions in Pennsylvania
To claim your Pennsylvania bankruptcy exemptions, you must list each exempt asset on Schedule C of your bankruptcy petition. You may choose between Pennsylvania's very limited state exemptions or the federal bankruptcy exemptions — you cannot mix and match, and virtually all Pennsylvania debtors elect the federal exemptions. A bankruptcy preparer can help you determine which set of exemptions better protects your assets — all claims are subject to court approval.
How does Pennsylvania compare to other states?
Use the side-by-side comparison tool to see which state offers more protection for your assets.
Frequently Asked Questions
How much home equity can I protect in Pennsylvania bankruptcy?
Pennsylvania does not have a dedicated homestead exemption. Homeowners may be able to protect home equity using other exemptions or the wildcard amount.
Can I keep my car when filing bankruptcy in Pennsylvania?
Pennsylvania's vehicle exemption protects up to None in car equity. If your car is worth less than this (or your equity after the loan balance is within this limit), you can typically keep it. If you're financing the car, you may also reaffirm the debt to keep it regardless of equity.
Are retirement accounts protected in Pennsylvania bankruptcy?
Yes — Pennsylvania protects Unlimited in qualified retirement accounts. This includes 401(k), 403(b), IRA, and pension accounts. Retirement assets are among the strongest-protected assets in bankruptcy across all 50 states.
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Non-Attorney Notice: JustiPal™ is a document preparation service — not a law firm. Exemption amounts shown are for educational purposes and reflect general 2025/2026 figures. Individual results depend on your specific assets, equity calculations, and applicable state law. Consult a licensed bankruptcy attorney for legal advice specific to your situation.