Utah Bankruptcy Exemptions

On this page you can find all of the exemptions for Utah. Exemptions are the property that you can keep when you file bankruptcy.

CATEGORY
PROPERTY
AMOUNT
STATUTE
Homestead
Homestead consisting of debtor's residence, which may consist of a dwelling or mobile home in which debtor resides plus up to 1 acre of surrounding land reasonably necessary for use of residence
If primary residence:$20,000 if individually owned; $40,000 if jointly owned If not primary residence: $5,000 if individually owned; $10,000 if jointly owned
Utah Code Ann. § 78B-5-503
Motor Vehicle
One motor vehicle used in debtor's business or profession, other than for traveling to and from work (Does not include off-highway or recreational vehicles. See UCA § 78-23-8(3)(a))
$2,500
Utah Code Ann. § 78B-5-506(3)(b)
Wages / Wage Garnishment
Disposable earnings
75% or 30 times the federal minimum wage (WHICHEVER IS GREATER)
Utah R. Civ. Pro. 64 D and Utah Code Ann. § 70C-7-103
Insurance
Fraternal Benefit Society benefits
100%
Utah Code Ann. § 31A-9-603
Insurance
Proceeds and avails of unmatured life insurance policies owned by debtor for 1 year or more
100%
Utah Code Ann. § 78B-5-505(1)(a)(xi)
Insurance
Life insurance proceeds or benefits payable to spouse or children of insured (policy must be owned by debtor for 1 year or more)
100%
Utah Code Ann. § 78B-5-505(1)(a)(xi)
Insurance
Benefits payable for medical, surgical or hospital care
Extent used by debtor or dependent for such care
Utah Code Ann. § 78B-5-505(1)(a)(iv)
Insurance
Disability, illness or unemployment benefits of debtor or dependent
100%
Utah Code Ann. § 78B-5-505(1)(a)(iii)
Personal Property
Animals, books & musical instruments reasonably held for personal use of debtor or dependents
$500
Utah Code Ann. § 78B-5-506(1)(c)
Personal Property
Dining & kitchen tables & chairs reasonably necessary for one household
$500
Utah Code Ann. § 78B-5-506(1)(b)
Personal Property
Sofas, chairs & related furnishings reasonably necessary for one household
$500
Utah Code Ann. § 78B-5-506(1)(a)
Personal Property
Proceeds of claims for bodily injury of debtor or proceeds of claims for bodily injury or wrongful death of an individual of whom debtor was or is a dependent
100% of compensatory amount
Utah Code Ann. § 78B-5-505(1)(a)(x)
Personal Property
Personal works of art depicting debtor & family or produced by debtor & family
100%
Utah Code Ann. § 78B-5-505(1)(a)(ix)
Personal Property
1 clothes washer & dryer, 1 refrigerator, 1 freezer, 1 stove, 1 microwave oven, 1 sewing machine, all carpets in use, 12 months’ provisions, all wearing apparel (not including jewelry or furs), all beds & bedding, of debtor & dependents
100%
Utah Code Ann. § 78B-5-505(1)(a)(viii)
Personal Property
Proceeds from sale, condemnation, damage or destruction of exempt property
Amount of exemption given for lost or damaged property
Utah Code Ann. § 78B-5-507
Personal Property
Reasonably necessary health aids of debtor or dependents
100%
Utah Code Ann. § 78B-5-505(1)(a)(ii
Personal Property
Burial plot for debtor and family
100%
Utah Code Ann. § 78B-5-505(1)(a)(i
Personal Property
Personal heirlooms & items of sentimental value to debtor
$500
Utah Code Ann. § 78B-5-506(1)(d)
Pensions / Retirement Accounts
Benefits payable under Utah State Retirement Act
100% (subject to QDRO orders)
Utah Code Ann. § 49-11-612
Pensions / Retirement Accounts
Retirement funds and benefits of debtor that are tax-qualified under I.R.C.
100% except that amounts contributed within 1 year of bankruptcy filing date are not exempt (subject to QDRO orders)
Utah Code Ann. § 78B-5-505(1)(a)(xiv)
Tools of the Trade
Military property of National Guardsman
100%
Utah Code Ann. § 39-1-47
Tools of the Trade
Implements, professional books, or tools of trade of debtor
$3,500
Utah Code Ann. § 78B-5-506(2)
Public Benefits
Workmen's compensation benefits
100%
Utah Code Ann. § 34A-2-422
Public Benefits
Veterans benefits
100%
Utah Code Ann. § 78B-5-505(1)(a)(v)
Public Benefits
Public assistance provided under Utah Employment Support Act
100%
Utah Code Ann. § 35A-3-112
Public Benefits
Crime Victims’ Reparation Act award
100%
Utah Code Ann. § 63M-7-521
Public Benefits
Unemployment compensation benefits
100% (except child support)
Utah Code Ann. § 35A-4-103 & 78B-5-505(1)(a)(iii)
Miscellaneous
Interests payable to an alternate payee under a QDRO
100%
Utah Code Ann. § 78B-5-505(xv)
Miscellaneous
Alimony or separate maintenance payments and the rights thereto
Amount reasonably necessary for support of debtor & dependents
Utah Code Ann. § 78B-5-505(1)(a)(vii)
Miscellaneous
Child support & the rights thereto
100%
Utah Code Ann. § 78B-5-505(1)(a)(vi)
Miscellaneous
Proceeds of sale of homestead for 1 year after sale
same as homestead exemption
Utah Code Ann. § 78B-5-503(5)(b)
Miscellaneous
Water rights owned by homestead claimant necessary for supplying water to homestead for domestic or irrigation purposes
100%
Utah Code Ann. § 78B-5-503(4)(a)
Miscellaneous
Partner's interest in specific partnership property, except on claim against partnership
100%
Utah Code Ann. § 48-1-22(2)(c)

If you want to learn more about filing bankruptcy in Utah please visit our FAQ Page or for more information about Utah you can visit the Utah section.