Montana Bankruptcy Law

Considering filing bankruptcy in Montana? You need to understand Montana bankruptcy law and exemptions.

As on overview we have listed some of the main exemptions, links to the federal courts serving Montana, and some filing statistics for Montana.

Montana Exemptions

Homestead:
$250,000 - A written declaration of homestead must be recorded with county clerk. Includes traceable proceeds for 18 months after sale.
Details:
Homestead, consisting of mobile home or dwelling in which debtor resides and land on which it is located, if any

Motor Vehicle:
$2,500
Details:
Debtor's interest in 1 motor vehicle


This is just and overview and there is a detailed list of the Montana Bankruptcy Exemptions.

Montana Bankruptcy Courts

If you need more information about the Montana Federal Bankruptcy Courts you can click on the link for your district.

  • Montana District

    • Montana Filing Statistics

    Here are the counties in Montana with the highest amount of bankruptcy filings.

    Year - County
    Total
    Ch7
    Ch13
    2012 YELLOWSTONE
    332
    259
    73
    2012 MISSOULA
    303
    260
    42
    2012 FLATHEAD
    238
    209
    27
    2012 GALLATIN
    199
    180
    19

    You can see the information for all counties by visiting the Montana Chapter 7 and Chapter 13 bankruptcy filings by county page.

    Here are the most recently available statistics for monthly bankruptcy filings in Montana.

    Year - Month
    Total
    Ch7
    Ch13
    2013 6
    163
    139
    24
    2013 5
    186
    169
    17
    2013 4
    179
    163
    16
    2013 3
    202
    179
    23
    2013 2
    148
    125
    23
    2013 1
    112
    82
    29


    You can see more data by visiting the Montana Personal Bankruptcy Filing Statistics page.

    If you have question about filing bankruptcy please visit our Frequently Asked Questions Page or schedule a free consultation with a local attorney.