Utah Bankruptcy Exemption Information
In a bankruptcy case, the trustee must examine the claimant's assets and judge if anything qualifies for liquidation under the law. Our quick reference page is a useful tool in this process; it lists the most typically claimed Utah bankruptcy exemptions.
Homestead
$20,000 exemption for primary residence ($40,000 if jointly
owned); if not a primary residence, $5,000 exemption ($10,000 if
jointly owned).
Wages
No specific wage exemption.
Automobiles
$2,500 in one motor vehicle.
Other Property
Burial plot; all health aids; washer and dryer; refrigerator, freezer, stove,
and microwave oven; one sewing machine; all carpeting; provisions sufficient
for 12 months; all clothing; all beds and bedding; and $3,500 in
implements, books, and tools of trade.
Note: Exemptions may have changed since our last update.
» Read the complete Utah bankruptcy exemptions
here
» Back to Bankruptcy Laws In Your State