Kansas

From Bankruptcy Forum

Kansas Bankruptcy Exemptions

Homestead

60-2301 - Real property, manufactured home, or mobile home of unlimited value, but can't exceed 1 acre in a city or town, or 160 acres on a farm. You must occupy or intend to occupy the property at the time you file for bankruptcy. (Also refer to "Const. 15-9").

Personal Property

60-2304 - Motor vehicle up to $20,000 (no limit if equipped or designed for a disabled person); clothing to last 1 year; household equipment and furnishings; food and fuel to last 1 year; jewelry and articles of adornment up to $1,000; burial plot.

16-310 - Funeral plan prepayments.

Wages

60-2310 - The greater of the following: 30 times the federal minimum hourly wage per week or minimum of 75% of disposable weekly wages. Judge may approve more for low income debtor.

Pensions

11 U.S.C. § 522 - Tax exempt retirement accounts; Traditional and Roth IRAs up to $1,095,000 per person.

12-5005 - Police officers and firefighters.

13-14a10 - Elected and appointed officials in cities with populations of between 120,000 and 200,000.

20-2618 - Judges.

60-2308 - Federal government pension needed for support and received within 3 months prior to filing bankruptcy; ERISA¬qualified benefits.

60-2312 - Payments under pensions, profit sharing, or other contracts of the like on the account of illness, disability, death, age, or length of service as needed for support.

72-5526 - State school employees.

74-4923 - Public employees.

74-4978g - State highway patrol officers.

Public Benefits

39-717 - General assistance.

60-2312 - Veteran's benefits; social security.

60-2313 - Unemployment and worker's compensation; crime victim's compensation.

Tools of Trade

48-245 - National guard uniforms, arms, and equipment.

60-2304 - Equipment, instruments, furniture, books, documents, breeding stock, seed, stock, and grain up to $7,500 total.

Insurance

40-414 - Life insurance proceeds.

60-2313 - Life insurance proceeds or cash value deposited into a bank account (not exempt if deposited within 1 year of filing for bankruptcy); disability and illness benefits; fraternal benefit society benefits.

Misc.

60-2313 - Liquor licenses.

60-2312 - Alimony, maintenance and support.