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Oklahoma Bankruptcy Exemptions

Only the State Exemptions are Allowed

Real property or manufactured home to unlimited value; property cannot exceed 1/4 acre. If property exceeds 1/4 acre, may claim $10,000 on 1 acre in city, town or village, or 160 acres elsewhere (need not occupy homestead to claim it exempt as
long as you don't acquire another)

$10,000

Household and kitchen furniture held primarily for the personal, family or household use

 

Wedding and anniversary rings

$3,000

Implements of husbandry necessary to farm the homestead

$10,000

Books, portraits and pictures that are held primarily for the personal, family or household use

 

Motor vehicle

$7,500

Professionally prescribed health aids

 

5 milk cows and their calves under 6 months old; 100 chickens; 2 horses and 2 bridles and 2 saddles 10 hogs, 20 head of sheep; all provisions and forage on hand, or growing for home consumption, and for the use of exempt stock for one (1) year

 

Tools of trade

$5,000

NOTE: These are the major bankruptcy exemptions.
Check with your bankruptcy lawyer for a full exemptions list
.


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