NY Debt & Cred L § 282 (2021)
2021 New York Laws DCD - Debtor and Creditor Article 10-A - Personal Bankruptcy Exemptions 282 - Permissible Exemptions in Bankruptcy.

§  282.  Permissible  exemptions  in  bankruptcy.  Under  section five   hundred twenty-two of title eleven of the United States  Code,  entitled   "Bankruptcy",  an  individual  debtor domiciled in this state may exempt   from the property of the estate, to the extent permitted  by  subsection   (b) thereof, only (i) personal and real property exempt from application   to  the satisfaction of money judgments under sections fifty-two hundred   five and fifty-two hundred six of the civil practice law and rules, (ii)   insurance policies and annuity contracts and  the  proceeds  and  avails   thereof  as provided in section three thousand two hundred twelve of the   insurance law and (iii) the following property:1. Bankruptcy exemption of a motor  vehicle.  One  motor  vehicle  not   exceeding four thousand dollars in value above liens and encumbrances of   the debtor; provided, however, if such vehicle has been equipped for use   by a disabled debtor, then ten thousand dollars in value above liens and   encumbrances of the debtor.2.  Bankruptcy  exemption  for right to receive benefits. The debtor's   right to receive or the debtor's interest  in:  (a)  a  social  security   benefit, unemployment compensation or a local public assistance benefit;   (b)  a  veterans'  benefit;  (c)  a disability, illness, or unemployment   benefit; (d) alimony, support, or separate maintenance,  to  the  extent   reasonably  necessary for the support of the debtor and any dependent of   the debtor; (e) the debtor's interest  in  his  or  her  rent-stabilized   lease;  and  (f)  all  payments  under  a  stock  bonus, pension, profit   sharing, or similar plan or contract on account of illness,  disability,   death,  age,  or  length  of  service  unless (i) such plan or contract,   except those qualified under section 401, 408  or  408A  of  the  United   States Internal Revenue Code of 1986, as amended, was established by the   debtor  or  under the auspices of an insider that employed the debtor at   the time the debtor's rights under such plan  or  contract  arose,  (ii)   such plan is on account of age or length of service, and (iii) such plan   or  contract  does  not qualify under section four hundred one (a), four   hundred three (a), four hundred three  (b),  four  hundred  eight,  four   hundred  eight  A,  four hundred nine or four hundred fifty-seven of the   Internal Revenue Code of nineteen hundred eighty-six, as amended.3. Bankruptcy exemption for right to  receive  certain  property.  The   debtor's  right  to  receive,  or  property that is traceable to: (i) an   award under a crime victim's reparation law; (ii) a payment  on  account   of  the  wrongful  death  of  an  individual  of  whom  the debtor was a   dependent to the extent reasonably necessary  for  the  support  of  the   debtor  and  any dependent of the debtor; (iii) a payment, not to exceed   seventy-five hundred dollars on account of personal bodily  injury,  not   including  pain and suffering or compensation for actual pecuniary loss,   of the debtor or an individual of whom the debtor is  a  dependent;  and   (iv)  a payment in compensation of loss of future earnings of the debtor   or an individual of whom the debtor is or was a dependent, to the extent   reasonably necessary for the support of the debtor and any dependent  of   the debtor.