The following is a list of the common property exemptions in a Utah Chapter Bankruptcy:
Description | Amount |
Real Property | Primary Residence: $42,700 / $85,400
Other: $5,100 / $10,200 |
Clothing, except furs and jewelry; refrigerator, freezer, stove, microwave oven, washer, dryer, and sewing machine; health aids; food to last 12 months; beds and bedding; carpets; artwork done by, or depicting, a family member; burial plot; personal injury recoveries for yourself or a person you depend upon; wrongful death recoveries for a person you depended upon | No limit (reasonableness) |
Motor Vehicle | $3,000 |
Sofa, Chairs, and related furnishing for one household | $1,000 |
Dining and kitchen tables for one household | $1,000 |
Animals, books, and musical instruments | $1,000 |
Heirlooms or other items of sentimental value | $1,000 |
Tools of Trade | $5,000 |
Please call me today at (801) 432-8682 to discuss your specific situation and how Bankruptcy may be right for you.
Ryan E. Simpson
8833 S. Redwood Road, Suite C
West Jordan, Utah 84088
United States
Telephone: (801) 432-8682
8833 S. Redwood Road, Suite C
West Jordan, Utah 84088
United States
Telephone: (801) 432-8682
Ryan E. Simpson
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