Bill > HB4535

This bill, applicable to permanent residents of West Virginia, establishes protections for certain types of property from being seized or garnished due to unpaid consumer credit or installment obligations. Specifically, it exempts head of household wages up to the equivalent of full-time minimum wage, annuities or life insurance payouts including their cash value, the first $5,000 of a homestead's assessed value if it's the owner's primary residence, tax-advantaged retirement accounts like IRAs and 401ks, disability or death benefit income, prepaid college funding accounts, and Social Security income. These protections are intended to shield essential assets from creditors when a consumer defaults on certain types of debt.

Justice

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4535&year=2026&sessiontype=RS&btype=bill