| Homestead |
Property occupied by debtor unless over
60 & married or widowed, to $75,000; property cannot exceed 160
acres; sales proceeds exempt
May file homestead declaration |
85-3-1(b)(i), 85-3-21,
85-3-23
85-3-27, 85-3-31 |
| Insurance |
Disability benefits
Fraternal benefit society benefits
Homeowner’s insurance proceeds to $75,000
Life insurance proceeds if clause prohibits proceeds from being used
to pay beneficiary’s creditors |
85-3-1(b)(ii)
83-29-39
85-3-25
83-7-5 |
| Miscellaneous |
Property of business partnership |
79-12-49 |
| Pensions |
ERISA-qualified benefits deposited over
1 year before filing
Firefighters
Highway patrol officers
IRAs deposited over 1 year before filing bankruptcy
Keoughs deposited over 1 year before filing bankruptcy
Private retirement benefits to extent tax-deferred
Police officers
Public employees retirement & disability benefits
State employees
Teachers |
85-3-1(b)(iii)
21-29-257
25-13-31
85-3-1(b)(iii)
85-3-1(b)(iii)
71-1-43
21-29-257
25-11-129
25-14-5
25-11-201(1)(d) |
| Personal Property |
Tangible personal property of any kind
to $10,000
Personal injury judgments to $10,000
Proceeds for exempt property |
85-3-1(a)
85-3-17
85-3-(b)(i) |
| Public benefits |
Assistance to aged
Assistance to blind
Assistance to disabled
Crime victims compensation
Social security
Unemployment compensation
Workers’ compensation |
43-9-19
43-3-71
43-29-15
99-41-23
25-11-129
71-5-539
71-3-43 |
| Tools of trade |
SEE PERSONAL PROPERTY |
|
| Wages |
Earned but unpaid wages owed for 30 days;
after 309 days, minimum 75% (bankruptcy judge may authorize more for
low income debtors) |
85-3-4 |
| WILD CARD |
SEE PERSONAL PROPERTY |
|
