What are the Utah Bankruptcy Exemptions?

The Utah legislature and Congress has identified certain assets that cannot be taken from you to pay your creditors. These are referred to as exempt assets, or bankruptcy exemptions. If you have lived in Utah for at least two years, you can apply to Utah bankruptcy exemptions to any applicable assets as part of your bankruptcy filing. If you have not lived in Utah for at least two years, we can help you identify which exemptions you should apply.

There are a number of exemptions under Utah law and federal non-bankruptcy laws. Some examples include: 401(k)s, certain retirement accounts and death benefits, social security benefits, veterans’ benefits, and unemployment and workers’ compensation benefits. Creditors cannot take these assets from you in bankruptcy or otherwise. Other common Utah exemptions include:

Property
Cash on hand None.
Furniture $1,000 individual / $2,000 married filing joint
Appliances One (1) of each major appliance (washer, dryer, etc.)
Beds & bedding Unlimited
Kitchen table & chairs $1,000 individual / $2,000 married filing joint
Items of sentimental value $1,000 individual / $2,000 married filing joint
Tools $5,000 individual / $10,000 married filing joint
Animals, books, musical instruments $1,000 individual / $2,000 married filing joint
Firearms $250 individual / $500 married filing joint
Automobile $3,000 individual / $6,000 married filing joint
Personal residence $30,000 individual / $60,000 married filing joint
Life Insurance Unlimited*
Personal injury damages Unlimited*
12-month food storage Unlimited*
Child support Unlimited
Alimony Unlimited*
Wages greater of 75% of disposable earnings or 30 times the federal minimum wage per week

*Restrictions apply