Bankruptcy by State
Bankruptcy in Oklahoma
How Oklahoma's bankruptcy exemptions, Chapter 7 income limits, and filing volume compare to the rest of the country.
Homestead exemption
—
—
Vehicle exemption
$7,500
#9 of 51
Median income (1 person)
$61,180
Chapter 7 means-test threshold
Annual filings
7,451
Year 2025
Oklahoma vs. national medians
National medians are calculated across all 51 states plus the District of Columbia. Ranks run from #1 (highest) to #51 (lowest). Where a state publishes a range or a conditional amount, the exemption is shown in full and ranked by its guaranteed minimum.
| Metric | Oklahoma | National median | Rank |
|---|---|---|---|
| Homestead exemption | — | $90,000 | — |
| Motor vehicle exemption | $7,500 | $7,250 | #9 of 51 |
| Median income (1-person household) | $61,180 | $71,745 | #48 of 51 |
| Median income (4-person household) | $101,798 | $126,058 | #47 of 51 |
| Annual bankruptcy filings | 7,451 | 8,707 | #29 of 51 |