What Creditors Cannot Take
14 M.R.S. § 4422 — a home to $80,000, a car to $10,000, and $3,000 in the bank
| Property | Exempt, as the section states it |
|---|---|
| PropertyA residence | Exempt, as the section states it$80,000, or $160,000 for a debtor or dependent 60 years of age or older or disabled |
| PropertyOne motor vehicle | Exempt, as the section states it$10,000 |
| PropertyEach household item, clothing, appliance or book | Exempt, as the section states it$500 |
| PropertyJewelry, apart from wedding and engagement rings | Exempt, as the section states it$1,000 |
| PropertyTools of the trade | Exempt, as the section states it$9,500 |
| PropertyCash and bank accounts | Exempt, as the section states it$3,000 |
Who handles this in Maine: legal aid programs and the state offices, listed in the Maine directory.
Professionally prescribed health aids, unmatured life insurance, and tax qualified retirement funds up to the stated limit are exempt too. Every amount is adjusted each year by the change in the Northeast consumer price index.
Sources for this section (1)
- 14 M.R.S. § 4422 — Exempt property
Legal information, not legal advice. Verified as of October 2026. Applying it to a particular situation is the work of a licensed Maine attorney.