Arkansas bankruptcy exemptions
- 1874 Art. 9, § 3: The homestead of any resident of this State, who is married or the head of a family, shall not be subject to the lien of any judgment or decree of any court, or to sale under execution, or other process thereon, except such as may be rendered for the purchase money, or for specific liens, laborers' or mechanics' liens for improving the same, or for taxes, or against executors, administrators, guardians, receivers, attorneys for moneys collected by them, and other trustees of an express trust, for moneys due from them in their fiduciary capacity.
- 1874 Art. 9, § 4: The homestead outside any city, town or village, owned and occupied as a residence, shall consist of not exceeding one hundred and sixty acres of land, with the improvements thereon, to be selected by the owner;Provided, The same shall not exceed in value the sum of twenty-five hundred dollars, and in no event shall the homestead be reduced to less than eighty acres, without regard to value.
- 1874 Art. 9, § 5: The homestead in any city, town or village, owned and occupied as a residence, shall consist of not exceeding one acre of land, with the improvements thereon, to be selected by the owner;provided, the same shall not exceed in value the sum of two thousand five hundred dollars, and in no event shall such homestead be reduced to less than one-quarter of an acre of land, without regard to value.
- AR PPC 16-66-218(a)(1): The unmarried debtor's aggregate interest, not exceeding eight hundred dollars ($800) in value, and the married debtor's aggregate interest, not exceeding one thousand two hundred fifty dollars ($1,250) in value, in real or personal property that the debtor or a dependent of the debtor uses as a residence, in a cooperative that owns property that the debtor or a dependent of the debtor uses as a residence, or in a burial plot for the debtor or a dependent of the debtor;
- AR PPC 16-66-218(a)(2): The debtor's interest, not to exceed one thousand two hundred dollars ($1,200) in one (1) motor vehicle
- AR PPC 16-66-218(a)(3): The debtor's aggregate interest in the debtor's or the debtor's spouse's wedding bands, including diamonds mounted thereon not exceeding one-half ( 1/2 ) carat in weight;
- AR PPC 16-66-218(a)(4): The debtor's aggregate interest, not to exceed seven hundred fifty dollars ($750) in value in any implements, professional books, or tools, of the trade of the debtor or the trade of a dependent of the debtor.
- AR PPC 16-66-218(b)(1): The personal property of an unmarried person not the head of a family not exceeding a value of two hundred dollars ($200) in addition to such person's wearing apparel-- Arkansas Constitution, Article 9, Section 1 ;
- AR PPC 16-66-218(b)(2): The personal property of a married person or head of a family not exceeding a value of five hundred dollars ($500) in addition to such person's wearing apparel-- Arkansas Constitution, Article 9, §2 ;
- AR PPC 16-66-218(b)(5): (5)The rural or urban homestead of a widow or surviving dependent children including the rents and profits from such homestead-- Arkansas Constitution, Article 9 §6 ;
- AR PPC 16-66-218(b)(6): Sixty (60) days' wages, not exceeding the limits imposed by the Arkansas Constitution, Article 9, § 1 and 2 , but in no instance less than twenty-five dollars ($25.00) per week -§16-66-208 ;
- AR PPC 16-66-218(b)(16): All contributions made by a debtor to an individual retirement account, as that term is defined for federal income tax purposes and state income tax purposes, for a period exceeding one (1) year prior to the filing of a petition of bankruptcy.However, the maximum amount of individual retirement account contributions that may be claimed under this subdivision shall not exceed twenty thousand dollars ($20,000) for an individual and twenty thousand dollars ($20,000) for a husband and wife combined; and
- AR PPC 16-66-218(b)(7): Proceeds of life, health, accident, and disability insurance -§ 16-66-209 ;
- AR PPC 16-66-218(b)(8): Department of Arkansas State Police retirement benefits -§24-6-202 , 24-6-205 , 24-6-223 ;
- AR PPC 16-66-218(b)(9): Stipulated premium insurance benefits -§23-71-112 ;
- AR PPC 16-66-218(b)(10): Mutual assessment insurance benefits -§23-72-114 ;
- AR PPC 16-66-218(b)(11): Fraternal benefit society benefits-§23-74-119;
- AR PPC 16-66-218(b)(12): Assets of delinquent insurer -- § 23-68-120 ;
- AR PPC 16-66-218(b)(13): Rights to unemployment benefits and benefits received but not mingled with other funds except for debts incurred for necessities furnished during the time of unemployment -- §11-10-107 -- 11-10-110 ;
- AR PPC 16-66-218(b)(14): Workers' compensation benefits -§ 11-9-110 ;
- AR PPC 16-66-218(b)(14): Public welfare assistance grants -§ 20-76-430 ;
- AR Code 23-79-134: Annuity Contract
- AR Code 23-79-133: Disability Benefits
- AR Code 23-79-132: Group life insurance
- AR PPC 16-66-209: Life, health, accident or disability cash value or proceed paid or due (limited to the $500 exemption provided by �� 9-1 and 9-2 of the Arkansas Constitution, In re Holt, 97 B.R. 997 (W.D. Ark. 1988).)
- AR Code 4-42-502: Property of business partnership
- AR Code 24-11-814: Pensions of Disabled Firefighters
- AR Code 24-11-417: Pensions of Disabled police officers
- AR Code 24-11-616: Pensions of Firefighters
- AR Code 24-11-814: Pensions of Disabled Firefighters
- AR Code 24-11-417: Pensions of Disabled police officers
- AR Code 24-11-616: Pensions of Firefighters