Kansas State Bankruptcy Exemptions
Laws That Keep Your Creditors' Hands Off Your Property
Exemptions are laws passed by every state that allow you to protect certain
types of your property from your creditors when you file bankruptcy-such as
your home, car, pensions and IRAs, motor vehicles, clothing, tools, and other
important property. Kansas law provides a number of exemptions that protect
your property, and your attorney will be able to advise you on which exemptions
are best for you.
Homestead
160 acres of farming land, or one acre located in a city or incorporated
area, or a manufactures or mobile home if occupied as a residence.
Wages
75 percent of disposable earnings.
Automobiles
Up to $20,000 for an automobile or other means of conveyance (no monetary
limit for disabled persons).
Other Property
Furnishings, equipment and supplies, including food, fuel and clothing; $1,000
of jewelry; a burial plot or crypt; and books, documents, furniture,
instruments, tools, implements and equipment, the breeding stock, seed grain or
growing plants stock, and other tangible means of production in an aggregate
value not to exceed $7,500. $500 exemption for bank accounts.
Note: Exemptions may have changed since our last update.
» Read the complete Kansas bankruptcy
exemptions here
» Back to Bankruptcy Laws In Your State