Bankruptcy by State
Bankruptcy in Utah
How Utah's bankruptcy exemptions, Chapter 7 income limits, and filing volume compare to the rest of the country.
Homestead exemption
$53,700
#23 of 51
Vehicle exemption
$3,000
#19 of 51
Median income (1 person)
$87,898
Chapter 7 means-test threshold
Annual filings
7,922
Year 2025
Utah 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 | Utah | National median | Rank |
|---|---|---|---|
| Homestead exemption | $53,700 | $90,000 | #23 of 51 |
| Motor vehicle exemption | $3,000 | $7,250 | #19 of 51 |
| Median income (1-person household) | $87,898 | $71,745 | #4 of 51 |
| Median income (4-person household) | $131,741 | $126,058 | #23 of 51 |
| Annual bankruptcy filings | 7,922 | 8,707 | #28 of 51 |