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- Alaska Statutes.
- Title 9. Code of Civil Procedure
- Chapter 38. Alaska Exemptions Act
- Section 50. Increased Exemption Amount.
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Section 45. Effective Date of Continuing Lien.
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Section 55. Bankruptcy Proceedings.
AS 09.38.050. Increased Exemption Amount.
- (a) An individual debtor who is in possession of money that was obtained as payment for an injury or disability may
request the court to order an increase in the exemption amounts under AS 09.38.030
. The individual debtor shall submit affidavits or offer testimony in support of the request as required by the court.
The court shall determine the exemption amount after consideration of the individual's responsibilities and all the
present and anticipated property and income of the individual, including that which is exempt.
- (b) The exemption amounts under AS 09.38.030
may be increased when the individual submits an affidavit, under penalty of perjury, stating that the individual's
earnings alone support the individual's household; by so doing, the maximum part of the individual's aggregate
disposable earnings for any week subject to execution may not exceed the amount by which the individual's disposable
earnings for that week exceed $550, or, if the individual is claiming an exemption for cash or other liquid assets
under AS 09.38.030
(b), a maximum amount of $2,200 available in a month is exempt.
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