Utah Bankruptcy Exemptions
Homestead
78-23-3 - Real property, mobile home or water rights up to $5,000 if the
property is not debtor's primary personal residence; up to $20,000 if the
property is debtor's primary personal residence. Proceeds of sale exempt for
1 year.
78-23-4 - Before the attempted sale of home, a homestead declaration must be
filed.
Personal Property
78-23-5 - Clothing, except furs and jewelry; refrigerator, freezer, stove,
microwave oven, washer, dryer, and sewing machine; health aids; food to last
12 months; beds and bedding; carpets; artwork done by, or depicting, a
family member; burial plot; personal injury recoveries for yourself or a
person you depend upon; wrongful death recoveries for a person you depended
upon.
78-23-8 - Motor vehicle up to $2,500; sofas, chairs, and related furnishings
for one household up to $500; dining and kitchen tables and chairs for one
household up to $500; animals, books, and musical instruments up to $500;
heirlooms or other items of sentimental value up to $500.
78-23-9 - Proceeds for damaged personal property.
Wages
70C-7-103 - The greater of the following: Either 30 times the federal hourly
minimum wage or minimum of 75% of disposable weekly income. Judge may
approve more for low income debtor.
Pensions
11 U.S.C. § 522 - Tax exempt retirement account; Traditional or Roth IRAs up
to $1,095,000 per person.
49-11-612 - Public employees.
78-23-5 - ERISA-qualified benefits, Keoghs, IRAs, and Roth IRAs if the
contributions have been made and benefits have accrued more than 1 year
before filing for bankruptcy.
78-23-6 - Any pension needed for support.
Public Benefits
34A-2-422 - Workers' compensation.
35A-3-112 - General assistance.
34A-3-107 - Occupational disease disability benefits.
63-25a-421 - Crime victims' compensation.
35A-4-103 - Unemployment compensation.
78-23-5 - Veterans' benefits.
Tools of Trade
39-1-47 - National Guard members' military property.
78-23-8 - Tools, books, and implements of trade up to $3,500.
Alimony and Child Support
78-23-5 - Child support and alimony needed for support.
Insurance
31A-9-603 - Fraternal benefit society benefits.
78-23-5 - Disability, illness, medical or hospital benefits.
78-23-5 - Life insurance proceeds if beneficiary is insured's spouse or
other dependent, needed for support.
78-23-5 - Life insurance policy cash surrender value excluding payments that
were made on the contract within the prior year.
78-23-5 - Hospital, medical and surgical benefits.
Miscellaneous
48-1-22 - Business partnership property.