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Missouri Bankruptcy Exemptions

UPDATED: March 9, 2020

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Federal bankruptcy exemptions available? NO

Though not included in the Missouri statutory homestead exemption, a court has held that property owned as a tenancy by the entirety by a married couple may be exempt if only one of the spouses owes the debt. A court has also held that a cause of action for personal injury is exempt from bankruptcy.

The references to Missouri statutes are to the Missouri Revised Statutes.


United States Bankruptcy Court, Eastern District of Missouri

United States Bankruptcy Court, Western District of Missouri

Missouri Bankruptcy Attorneys

Missouri Bankruptcy Exemptions
Assets Exemption State Statute
Homestead Real property: up to $15,000 for single or joint owners. 513.475
Mobile home: up to $5,000 for single or joint owners. 513.430(6)
Insurance Life insurance proceeds or assessment plan: all. 377.090
Stipulated insurance premiums: all. 377.330
Life insurance policy (unmatured): all. 513.430(7)
Benefits from fraternal benefit society. 513.430(8)
Life insurance dividends/loan value/interest: up to $150,000 for policies purchased over 6 months before filing for bankruptcy. 513.430(8)
Disability or illness benefits: all. 513.430(10)(c)
Miscellaneous Property belonging to a business partnership: all. 358.250
Child support or alimony: up to $750 per month. 513.430(10)(d)
Pensions Federal pension exemptions.
Pensions of employees of cities with 100,000 or more people. 71.207
Public officer and employee pensions: all. 70.695; 70.755
Police department employee pensions: all. 86.190; 86.353; 86.1430
Firefighter pensions: all. 87.090; 87.365; 87.485
Pensions for employees of highway and transportation departments: all. 104.250
State employee pensions: all. 104.540
Teacher pensions: all. 169.090
Employee benefit spendthrift trust: all. 456.014
IRAs, Roth IRAs, ERISA qualified benefits, and other retirement accounts: all necessary for support. 513.430(10)(e), (f)
Personal Property Burial grounds: up to $100 for up to 1 acre. 214.190
Household goods and furnishings, appliances, clothing, books, musical instruments, animals, and crops: up to $3,000 total. 513.430(1)
Wedding rings: up to $1,500. 513.430(2)
Other jewelry: up to $500. 513.430(2)
Motor vehicle: up to $3,000. 513.430(5)
Health aids: all professionally prescribed. 513.430(9)
Recoveries for wrongful death of person on whom debtor was dependent: all. 513.430(11)
Public Benefits Workers compensation benefits: all. 287.260
Unemployment compensation benefits: all. 288.380(10)(l); 513.430(10)(c)
Public assistance benefits: all. 513.430(10)(a)
Social Security benefits: all. 513.430(10)(a)
Veteran's benefits: all. 513.430(10)(b)
Crime victim's compensation benefits: all. 595.025
Tools of Your Trade Tools of trade, implements, books: up to $3,000 total. 513.430(4)
Wages Wages of common laborer or servant: up to $90 total. 513.470
Wages: at least 75% of the weekly earnings for someone other than the head of household and at least 90% of the weekly earnings for head of household or 30 times the federal minimum hourly wage, whichever is greater. The bankruptcy judge may allow a larger exemption for low-income debtors. 525.030
Wildcard For nonhead of household, any property: up to $600. 513.430(3)
For head of household, any property: up to $1,250 plus up to an additional $350 for each child. 513.440

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