Montana Bankruptcy Exemptions

    
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              A detailed listing of state and federal exemption laws, with statutory citations.            

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Montana Exemptions Summary:HomesteadReal property or mobile home you occupy to $378,560*; sale, condemnation, or insurance proceeds exempt for 18 months 
Must record homestead declaration before filing for bankruptcy
*2023 inflation adjustment
Vehicle ExemptionMotor vehicle to $4,000
Personal PropertyAppliances, household furnishings, goods, animals with feed, crops, musical instruments, books, firearms, sporting goods, clothing, & jewelry to $1250 per item, $7,000 total 
Implements, books, & tools of trade to $4.500
Uniforms, arms, accoutrements needed to carry out government functions
Wild CardNone
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by
		Albin Renauer
	
Albin Renauer has spent his career making consumer law information free and accessible to everyone. In the 1990s Albin worked with Nolo Press to invent WillMaker and LivingTrustMaker and ran Nolo website back in the DotCom era of Y2K.  In 2006, Albin launched LegalConsumer.com and the free Bankruptcy Means Test Calculator. Millions of consumers have used these FREE tools and information to learn about their rights under bankruptcy law.  For more than 30 years, Albin co-authored 22 editions of Nolo's bestselling guide How to File for Chapter 7 Bankruptcy from 1989 to 2023. Albin is currently exploring ways that AI can increase consumers' access to justice.

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Filing Bankruptcy In Rapelje, MTStep by step instructions on how to file in Montana.
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Rapelje, MT Bankruptcy ResourcesStillwater County Bankruptcy Means Test CalculatorAutomatically apply the Stillwater County expense standards, and Montana income standards to your means test calculation.
Stillwater County Bankruptcy CourtFind where to file if you live in Stillwater County.
Montana Bankruptcy Exemption LawsWhat property you can keep under Montana and federal exemption laws.
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