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Oklahoma Bankruptcy Info

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Oklahoma Bankruptcy Information

Oklahoma City  .  Okmulgee  .  Tulsa  . 

Oklahoma Median Income Standards

 

Oklahoma Bankruptcy Exemptions

Oklahoma 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

Vehicle

Motor vehicle to $7,500

Wages

75% of wages earned in 90 days before filing bankruptcy; bankruptcy judge may allow more if you show hardship

Personal property & Tools of Trade


Books, portraits, & pictures
Clothing to $4,000
Household & kitchen furniture, personal computer & related equipment
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
Guns for household use to $2,000
Wedding and anniversary rings to $3,000

WildCard

None

More info About __ Bankrutpcy Exemptions including citations.

Oklahoma Bankruptcy Courts

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