9229 Ward Parkway Suite 260
Kansas City, MO 64114
Phone: (816) 941-8973
Fax: (816) 941-8932

Missouri Bankruptcy Exemptions


Under Missouri bankruptcy law, you can keep the following items when you file for bankruptcy:

  • Up to $15,000 in equity value for your home
  • Up to $500 for your jewelry, with up to $1,500 for your wedding ring
  • Up to $3,000 for your vehicle
  • Up to $3,000 for household goods, including crops and animals
  • Public benefits
  • Public compensation
  • Payment for injury cases or wrongful death settlements, sometimes with a dependency clause
  • Up to $3,000 for tools of the trade
  • Up to $750 per month for alimony or child support
  • ERISA qualified pensions
  • Pensions for firefighters, highway and transportation employees, police department employees, teachers, state employees, and local government employees
  • Up to 75 percent of earned but unpaid wages, or 90 percent for those serving as the head of the household
  • Unmatured life insurance contracts, except for credit life insurance contracts
  • “Wild card” asset, up to $600 in value
  • Cash amount of $1,250 for head of the household and $350 for unmarried dependents who are under the age of 18 or are disabled and living at home
  • Up to $5,000 for a mobile home that is a primary residence and not attached to other real estate
  • An acre or $100 in value for a burial plot
  • Any professionally prescribed health aids
In addition, if a property is held by both the husband and wife, but only one is filing bankruptcy, it may be exempt. Some exceptions to this rule apply, such as the fact that it is not applicable to your tax liability


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