Missouri Economy:

Missouri’s economy is driven largely by these industries: aerospace, food processing, chemicals, printing/publishing, electronic equipment and beer.

Missouri Bankruptcy Court Locations:

Eastern Division

Thomas F. Eagleton U.S. Courthouse
111 South 10th St., 4th Floor
St. Louis, MO 63102

Western District of Missouri

Kansas City -Western
Charles Evans Whittaker U.S. Courthouse
400 E. 9th Street
Kansas City, MO 64106

Southeastern Division

Rush Hudson Limbaugh Sr. U.S. Courthouse
555 Independence St.
Cape Girardeau, MO 63703

 

Jefferson City – Central
Christopher S. Bond Court House
80 Lafayette Street
Jefferson City, MO 65101

Northern Division

Federal Building
801 Broadway
Hannibal, MO 63401

 

Springfield- SouthernUnited States Courthouse
222 N. John Q. Hammons Parkway
Springfield, MO 65806

Missouri State Bankruptcy Exemptions:

Homestead or Residential Property

The homestead exemption protects equity in your home. In Missouri, you can exempt up to $15,000 of equity in the real estate in which you live or will live, or up to $5,000 of equity in a mobile home in which you live. Joint owners may not double the exemption. Mo. Rev. Stat. § § 513.430.1(6), 513.475
Property owned as a tenancy by the entirety is protected against the debts of only one spouse (special conditions apply). Mo. Rev. Stat. § § 513.475, 513.427
For more details about how the homestead exemption works in Missouri, see The Missouri Homestead Exemption.

Domestic Support

Up to $750 per month in support, alimony, or maintenance. Mo. Rev. Stat. § 513.430.1(10)(d)

Insurance Benefits
Up to $150,000 of life insurance dividends, loan or cash surrender value, and interest, if purchased more than six months prior to filing bankruptcy. Mo. Rev. Stat. § 513.430.1(8)
Disability or illness benefits. Mo. Rev. Stat. § 513.430.1(10)(c)
Unmatured life insurance policy. Mo. Rev. Stat. § 513.430.1(7)

Motor Vehicle
If you file bankruptcy in Missouri, you can protect up to $3,000 of equity in a motor vehicle. Mo. Rev. Stat. § 513.430.1(5)
Personal Property
Up to $3,000 of value in furniture, clothing, books, crops, appliances, animals, and instruments. Mo. Rev. Stat. § 513.430.1(1)
Burial grounds, up to one acre or $100. Mo. Rev. Stat. § 214.190
Health aids. Mo. Rev. Stat. § 513.430.1(9)
Up to $1,500 of value in a wedding ring and up to $500 of value in other jewelry. Mo. Rev. Stat. § 513.430.1(2)
Wrongful death awards to the extent reasonably necessary for support. Mo. Rev. Stat. § 513.430.1(11)
Health savings accounts. Mo. Rev. Stat. § 513.430.1(10)(f)
Life Insurance Benefits
Teachers’ and school employee retirement benefits. Mo. Rev. Stat. § § 169.090, 169.240, 169.380, 169.520, 169.587, 169.690, 169.780
ERISA-qualified benefits necessary for support (limited to payments being received). Mo. Rev. Stat. § 513.430.1(10)(f)
Firefighters’ retirement benefits. Mo. Rev. Stat. § § 86.563, 87.090, 87.365, 87.485
Police and highway patrol retirement benefits § § 86.190, 86.353, 86.493, 86.563, 86.780, 104.250
Public officers and employees’ retirement benefits. Mo. Rev. Stat. § § 70.695, 70.755, 71.207
State employees’ retirement benefits. Mo. Rev. Stat. § 104.540
Public Benefits
Veterans’ benefits. Mo. Rev. Stat. § 513.430.1(10)(b)
Workers’ compensation. Mo. Rev. Stat. § 287.260
Unemployment compensation. Mo. Rev. Stat. § § 288,380, 513.430
Social Security benefits and public assistance. Mo. Rev. Stat. § 513.430.1(10)(a)
Tools of the Trade
Up to $3,000 worth of tools, implements, and books of your trade or business. Mo. Rev. Stat. § 513.430.1(4)
Wildcard
Up to $600 in value of any property. Mo. Rev. Stat. § 513.430.1(3)
If you are the head of your family, an additional $1,250 of value in any property, plus another $350 for each of your children. Mo. Rev. Stat. § 513.440.