Bankruptcy Proceedings - Exemptions From Execution - Residential Real Property

Summary

SB 939 changes Maryland’s bankruptcy law so that a debtor’s primary residence, including a home held in a revocable trust, can be protected from creditors. It sets new exemption caps—$300,000 for qualifying seniors, veterans or disabled persons and $150,000 for others—and adjusts these amounts each year for inflation. The law also limits repeat claims and applies only to cases filed after June 1 2026.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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