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Hamilton, MT Bankruptcy Guide

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Montana Bankruptcy Exemptions

Montana Exemptions Summary:

Homestead

Real property or mobile home you occupy to $250,000; sale, condemnation, or insurance proceeds exempt for 18 months
Must record homestead declaration before filing for bankruptcy

Vehicle Exemption

Motor vehicle to $2,500

Personal Property

Appliances, household furnishings, goods, animals with feed, crops, musical instruments, books, firearms, sporting goods, clothing, & jewelry to $600 per item, $4,500 total
Implements, books, & tools of trade to $3,000 25-13-609(3) Uniforms, arms, accoutrements needed to carry out government functions

Wild Card

None

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