Indiana § 34-55-10-9 - Personal and real property claimed as exemption; procedure
Full text of Indiana Indiana Code § 34-55-10-9 — Personal and real property claimed as exemption; procedure, with citation guidance and answers to common questions.
§ 34-55-10-9. Personal and real property claimed as exemption; procedure
Sec. 9. (a) If the value of a debtor's interest in property for which an exemption is claimed exceeds the amount of the exemption, the property may be sold. However, the debtor must be paid an amount equal to the debtor's exemption in the property from the proceeds of the sale.
(b) In making the sale under subsection (a), the officer may not accept a bid unless the bid exceeds the exempt value of the property. If indebtedness secured by a valid lien is chargeable against the proceeds of the sale, a bid may not be accepted if the bid is less than the sum of the amount of the indebtedness secured by the lien and the exempt value of the property.
[Pre-1998 Recodification Citation: 34-2-28-8.]
As added by P.L.1-1998, SEC.51. Amended by P.L.179-2005, SEC.17.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 34-55-10-9
What does Indiana Code § 34-55-10-9 cover?
Section 34-55-10-9 ("Personal and real property claimed as exemption; procedure") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 34-55-10-9?
A common citation format is "Indiana Code § 34-55-10-9" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 34-55-10-9 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.