Missouri Bankruptcy Exemptions - MO Bankruptcy Exemptions

State Exemptions Only

Homestead

$15,000

Household furnishings, household goods, wearing apparel, appliances, books, animals, crops or musical instruments that are held primarily the use of the debtor and his dependents

$3,000

Jewelry

$500

Wedding ring

$1,500

Any mobile home used as the principal residence

$5,000

Professional heath aids for the debtor or his dependents

No limit

Motor vehicle

$3,000

If the debtor is the head of a family, he may select and hold, exempt from execution, any other property, real, personal or mixed, or debts and wages, not exceeding in value the amount of $850.00 plus $250.00 for each of such person's unmarried dependent children under the age of eighteen years, except 10% of any debt, income, salary or wages due such head of a family. (Section 513.440.)

Tools of Trade

$3,000



NOTE: These are the major bankruptcy exemptions.
Check with your bankruptcy lawyer for a full exemptions list.

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