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ASSET
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EXEMPTION DESCRIPTION
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LAW SECTION
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Homestead
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Real property to $8000 or mobile home to $1000 (joint owners may not
double)
Property held as tenancy for the entirety may be exempt against debts
owed by only one spouse
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513.430(6), 513.475
In re Anderson, 12 B.R. 483
(W.D. Mo. 1981)
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Insurance
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Assessment or insurance premium proceeds
Disability or illness benefits
Fraternal benefit society benefits to $5000, bought over 6 months
before filing
Life insurance dividends, loan value or interest to $5000, bought
over 6 months before filing
Life insurance proceeds if policy owned by woman & insures her
husband
Life insurance proceeds if policy owned by unmarried woman and
insures her father or brother
Stipulated insurance premiums
Unmatured life insurance policy
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377.090
513.430(10)(c)
513.430(8)
513.430(8)
376.530
376.550
377.330
513.430(7)
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Miscellaneous
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Alimony, child support to $500 per month
Property of business partnership
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513.430(10(d)
358.250
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Pensions
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Employees of cities with 100,000 or more people
ERISA-qualified benefits needed for support (only payments being
received)
Firefighters
Highway & transportation employees
Police Department employees
State employees
Teachers
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71.207
513.430(10)(e)
87.090, 87.365, 87.485
104.250
86.190, 86.353, 86.493, 86.780
104.540
169.090
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Personal Property
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Appliances, household goods, furnishings, clothing, books, crops,
animals & musical instruments to $1,000
Burial grounds to 1 acre or $100
Health aids
Jewelry to $500
Motor vehicle to $1000
Personal injury causes of action
Wrongful death recoveries for person debtor depended on
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513.430(1)
214.190
513.430(9)
513.430(2)
513.430(5)
In re Mitchell, 73 B.R. 93
(E.D. Mo. 1987)
513.430(11)
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Public benefits
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AFDC
Social security
Unemployment compensation
Veterans’ benefits
Workers’ compensation
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513.430(10(a)
513.430(10)(a)
288.380(10(l), 53.430(10)(c)
513.430(10(b)
287.260
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Tools of Trade
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Implements, books & tools of trade to $2000
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513.430(4)
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Wages
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Minimum 75% of earned but unpaid wages (90% for head of family);
bankruptcy judge may authorize more for low-income debtors
Wages of servant or common laborer to $90
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525.030
513.470
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WILD CARD
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$1250 of any property if head of family, else $400; head of family
may claim an additional $250 per child
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513.430(3), 513.440
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