Kansas Bankruptcy Exemptions

The chart below contains a summary of Kansas state bankruptcy exemptions and other relevant statutory laws. Click here for complete State of Kansas bankruptcy exemptions laws.
Note: Federal bankruptcy exemptions are not available.

Personal exemptions allowed by Kansas Bankruptcy Laws

Note: Under the 2005 bankruptcy law, almost all types of tax-exempt retirement accounts are exempt in bankruptcy whether state or Federal exemptions are used. Exemptions for 401(k)s, 403(b)s, profit-sharing and money purchase plans, and defined benefit plans include the entire account amounts. However, with traditional and Roth IRAs, the exemption is limited to a total value of $1,171,650 per person for all accounts held by the debtor (not per account). The total value amount is adjusted every three years for inflation. The relevant statutes: 11 U.S.C. §522(d)(12) for Federal bankruptcy exemptions; 11 U.S.C. §522(b)(3)(C) for state bankruptcy exemptions.

Kansas HomesteadReal property or mobile home occupied or intended to be occupied for an unlimited amount. Note: Property cannot exceed one acre in town or city, 160 acres on a farm.60-2301; Constitution 15-9
WagesMinimum 75% of disposable weekly wages or 30 times the Federal minimum hourly wage per week (whichever is greater). Bankruptcy judge may authorize more for low-income debtors60-2310
AutomobileUp to $20,000 (unlimited if designed/equipped for a disabled person)60-2304(c)
Other propertyLife insurance proceeds40-414(a)
Alimony, maintenance, and support60-2312(b)
Furnishings and household equipment60-2304(a)
Burial plot or crypt60-2304(d)
Books, documents, furniture, instruments, equipment, breeding stock, seed, grain, and stock to $7,500 total (tools of trade)60-2304(e)

Note: While this reference information is current as of August 2010, it may not reflect the most up-to-date exemption figures on official state of Kansas bankruptcy court statutes.

Back to all State Bankruptcy Exemptions
Go to Complete State of Kansas bankruptcy exemptions laws.

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