| Assets | Exemption | State Statutes |
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| Homestead | Real property or manufactured home to unlimited value; property cannot exceed 1 acre in city, town, or village, or 160 acres elsewhere; $5,000 limit if more than 25% of total sq. ft. area used for business purposes; okay to rent homestead as long as no other residence is acquired. | 31 Okla. Stat. Ann. § 1 (A)(1) 31 Okla. Stat. Ann. § 1 (A)(2) 31 Okla. Stat. Ann. § 2 |
| Insurance | Annuity benefits and cash value. | 36 Okla. Stat. Ann. § 3631.1 |
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Assessment or mutual benefits. | 36 Okla. Stat. Ann. § 2410 |
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Fraternal benefit society benefits. | 36 Okla. Stat. Ann. § 2718.1 |
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Funeral benefits prepaid and placed in trust. | 36 Okla. Stat. Ann. § 6125 |
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Group life policy or proceeds. | 36 Okla. Stat. Ann. § 3632 |
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Life, health, accident, & mutual benefit insurance proceeds & cash value, if clause prohibits proceeds from being used to pay beneficiary’s creditors. | 36 Okla. Stat. Ann. § 3631.1 |
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Limited stock insurance benefits. | 36 Okla. Stat. Ann. § 2510 |
| Misc. | Alimony, child support. | 31 Okla. Stat. Ann. § 1 (A)(19) |
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Beneficiary’s interest in a statutory support trust. | 6 Okla. Stat. Ann. § 3010 |
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Liquor license. | 37 Okla. Stat. Ann. § 532 |
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Property of business partnership. | 54 Okla. Stat. Ann. § 1-504 |
| Pensions | County employees. | 19 Okla. Stat. Ann. § 959 |
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Disabled veterans. | 31 Okla. Stat. Ann. § 7 |
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ERISA-qualified benefits, IRAs, Roth IRAs, Education IRAs & Keoghs. | 31 Okla. Stat. Ann. § 1 (A)(20),(24) |
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Firefighters. | 11 Okla. Stat. Ann. § 49-126 |
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Judges. | 20 Okla. Stat. Ann. § 1111 |
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Law enforcement employees. | 47 Okla. Stat. Ann. § 2-303.3 |
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Police officers. | 11 Okla. Stat. Ann. § 50-124 |
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Public employees. | 74 Okla. Stat. Ann. § 923 |
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Tax exempt benefits. | 60 Okla. Stat. Ann. § 328 |
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Teachers. | 70 Okla. Stat. Ann. § 17-109 |
| Personal Property | Books, portraits, and pictures. | 31 Okla. Stat. Ann. § 1 (A)(6) |
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Burial plots. |
8 Okla. Stat. Ann. § 7 31 Okla. Stat. Ann. § 1 (A)(4) |
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Clothing to $4,000. | 31 Okla. Stat. Ann. § 1 (A)(7) |
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College savings plan interest. | 31 Okla. Stat. Ann. § 1 (A)(24) |
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Deposits in an IDA (Individual Development Account). | 31 Okla. Stat. Ann. § 1 (A)(22) |
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Federal earned income tax credit. | 31 Okla. Stat. Ann. § 1 (A)(23) |
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Food & seed for growing to last 1 year. |
31 Okla. Stat. Ann. § 1 (A)(14) 31 Okla. Stat. Ann. § 1 (A)(17) |
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Guns for household use to $2,000. | 31 Okla. Stat. Ann. § 1 (A)(14) |
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Health aids. | 31 Okla. Stat. Ann. § 1 (A)(9) |
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Household & kitchen furniture, personal computer & related equipment. | 31 Okla. Stat. Ann. § 1 (A)(3) |
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Livestock for personal or family use: 5 dairy cows & calves under 6 months; 100 chickens; 20 sheep; 10 hogs; 2 horses, bridles, & saddles; forage & feed to last 1 year. | 31 Okla. Stat. Ann. § 1 (A)(10),(11),(12), (15),(16),(17) |
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Motor vehicle to $7,500. | 31 Okla. Stat. Ann. § 1 (A)(13 |
| Public Benefits | Crime victims’ compensation. | 21 Okla. Stat. Ann. § 142.13 |
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Public assistance. | 56 Okla. Stat. Ann. § 173 |
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Social Security. | 56 Okla. Stat. Ann. § 173 |
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Unemployment compensation. | 40 Okla. Stat. Ann. § 2-303 |
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Workers’ compensation. | 85 Okla. Stat. Ann. § 48 |
| Tools of Your Trade | Implements needed to farm homestead, tools, books, & apparatus to $10,000 total. |
31 Okla. Stat. Ann. § 1 (A)(5) 31 Okla. Stat. Ann. § 1 (C) |
| Wages | 75% of wages earned in 90 days before filing bankruptcy; bankruptcy judge may allow more if you show hardship. |
12 Okla. Stat. Ann. § 1171.1 31 Okla. Stat. Ann. § 1 (A)(18) 31 Okla. Stat. Ann. § 1.1 |
| Wildcard | None listed. |
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Resources:
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