Montana State Bankruptcy Laws
What Are The Montana Bankruptcy Exemptions?
Montana law protects all or a portion of your property from being seized by creditors or the bankruptcy trustee in a Chapter 7 bankruptcy. In a Chapter 13 bankruptcy, you are generally allowed to keep all of your assets and property. Certain exceptions may apply, so its wise to consult with a Montana bankruptcy attorney to find which of your assets will be protected in a bankruptcy filed in Montana. In general, the major Montana bankruptcy exemptions include:
|GENERAL MONTANA EXEMPTIONS|
|Real Estate (the Homestead Exemption)
Up to $100,000 of equity in your homestead can be protected.
One motor vehicle valuing up to $2,500 can be protected.
A total of $4,500 in aggregate value, not exceeding $600 in any one item, of household furnishings and goods, appliances, jewelry, wearing apparel, books, firearms and other sporting goods, animals, feed, crops, and musical instruments; and up to $3,000 in aggregate value of any implements, professional books, and tools of the trade.
|View the complete list of Montana bankruptcy exemptions|
Please remember that this page provides general information only, and is not intended to provide legal advice. The information is not a substitute for the advice of a qualified bankruptcy attorney. If you need legal assistance, consult an attorney.
Which state’s exemption laws apply in your bankruptcy?
Generally, the laws of the state in which you lived for the 730 days (2 years) prior to filing a bankruptcy petition will apply in your bankruptcy.
If you have not lived in the same state for the 2 years immediately prior to filing your bankruptcy petition, the laws of the state in which you lived for the majority of the 180-day period preceding the 2-year period will likely apply.
If application of the preceding general rules renders you ineligible for exemptions under any states laws, you may be allowed to choose the federal exemptions applicable in your bankruptcy.
Is Montana a Community Property State?
No, Montana is not a community property state. Because it is not a community property state, you will be responsible for your spouses debts only if you voluntarily assumed those debts by, for example, co-signing on a loan given to your spouse. In a non-community property state, one spouse can file for bankruptcy and be eligible to eliminate all of their unsecured debts without the involvement of the other spouse.
How did your senator vote on the new bankruptcy laws?
Following years of intense lobbying by creditors, Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA). How did your Senators vote on these largely pro-creditor provisions?
Baucus (D-MT) – NAY
Burns (R-MT) – YEA
Montana Bankruptcy Court Locations:
U.S. Bankruptcy Court District of Montana,
Mike Mansfield Federal Building and U.S. Courthouse
400 North Main Street
Butte, MT 59701
Note: You may not have to actually go to one of the above bankruptcy courts. Trustees often conduct your meeting at a local venue.
Although bankruptcy is federal law, the bankruptcy courts in each jurisdiction have local rules that must be followed. A local bankruptcy attorney will be familiar with the specific rules in your area.
Montana Bankruptcy Attorney Locations:
Bankruptcy Attorneys in the state of Montana
|Billings Payday Loans|
|yellowstonebankruptcy.com||Yellowstone Bankruptcy||(406) 606-9700||Yellowstone Bankruptcy, 725 Grand Ave, Billings, MT 59102, United States|
|ppbglaw.com||Patten, Peterman, Bekkedahl & Green, PLLC||(406) 252-8500||Patten, Peterman, Bekkedahl & Green, PLLC, 2817 2nd Ave N Ste 300, Billings, MT 59101, United States|
|goodrichreely.com||Goodrich & Reely PLLC – Billings Office||(406) 256-3663||Goodrich & Reely PLLC – Billings Office, 2812 1st Ave N #301, Billings, MT 59101, United States|
|schevecklaw.com||Scheveck & Salminen Law Firm, PLLC||(406) 894-2121||Scheveck & Salminen Law Firm, PLLC, 2223 Montana Ave #103, Billings, MT 59101, United States|
|mmlo.org||MOIRA MURPHY||(406) 206-6513||MOIRA MURPHY, 2722 3rd Ave N # 240, Billings, MT 59101, United States|
|Bozeman Payday Loans|
|stuartwhitehairlaw.com||Stuart Whitehair P.C.||(406) 587-4200||Stuart Whitehair P.C., 2123 Durston Rd #17, Bozeman, MT 59718, United States|
|bozemanbankruptcy.com||Pipitone Law||(406) 219-7499||Pipitone Law, 103 S 8th Ave, Bozeman, MT 59715, United States|
|yellowstonebankruptcy.com||Yellowstone Bankruptcy||(406) 606-9700||Yellowstone Bankruptcy, 313 W Mendenhall St Ste 5, Bozeman, MT 59715, United States|
|Butte Payday Loans|
|prrlaw.com||Poore Roth & Robinson PC||(406) 497-1200||Poore Roth & Robinson PC, 1341 Harrison Ave, Butte, MT 59701, United States|
|Great Falls Payday Loans|
|tarumlaw.com||Tarum Law Office PC||(406) 268-0001||Tarum Law Office PC, 417 Central Ave # 400, Great Falls, MT 59401, United States|
|dalawmt.com||Deschenes & Associates Law Offices: Gary S. Deschenes||(406) 761-6112||Deschenes & Associates Law Offices: Gary S. Deschenes, 309 1st Ave N, Great Falls, MT 59401, United States|
|not found||Randy Winner||(406) 761-3636||Randy Winner, 410 Central Ave #606, Great Falls, MT 59401, United States|
|semanskylawfirm.com||Semansky Law Office||(406) 771-1584||Semansky Law Office, 14 5th St S, Great Falls, MT 59401, United States|
|chjw.com||Church Harris Johnson & Williams PC||(406) 761-3000||Church Harris Johnson & Williams PC, 114 3rd St S, Great Falls, MT 59401, United States|
|Helena Payday Loans|
|crowleyfleck.com||Crowley Fleck PLLP||(406) 449-4165||Crowley Fleck PLLP, 900 N Last Chance Gulch #200, Helena, MT 59601, United States|
|mswdlaw.com||Morrison, Sherwood, Wilson, & Deola, PLLP||(406) 442-3261||Morrison, Sherwood, Wilson, & Deola, PLLP, 401 N Last Chance Gulch, Helena, MT 59601, United States|
|plmontana.com||Passamani & LeTang, PLLC||(406) 422-4522||Passamani & LeTang, PLLC, 40 W 14th St, Helena, MT 59601, United States|
|Kalispell Payday Loans|
|faerberlawfirm.com||Faerber Law Office||(406) 756-7336||Faerber Law Office, 725 S Main St, Kalispell, MT 59901, United States|
|klinkhammerlawmt.com||Klinkhammer Law Offices||(406) 257-7277||Klinkhammer Law Offices, 1111 S Main St, Kalispell, MT 59901, United States|
|scotthamiltonlaw.com||Scott Hamilton Attorney at Law||(406) 257-3036||Scott Hamilton Attorney at Law, 157 N Meridian Rd STE 105, Kalispell, MT 59901, United States|
|crowleyfleck.com||Crowley Fleck PLLP – Kalispell||(406) 752-6644||Crowley Fleck PLLP – Kalispell, 1667 Whitefish Stage Rd #101, Kalispell, MT 59901, United States|
|kvhlaw.com||Kaufman Vidal Hileman Ellingson P.C.||(406) 755-5700||Kaufman Vidal Hileman Ellingson P.C., 22 2nd Ave W #4000, Kalispell, MT 59901, United States|
|Missoula Payday Loans|
|missoulabankruptcylawyer.com||Gary W. Wolfe, P.C. | Bankruptcy Lawyer Missoula MT||(406) 728-4732||Gary W. Wolfe, P.C. | Bankruptcy Lawyer Missoula MT, 101 E Broadway St Suite 300, Missoula, MT 59802, United States|
|shimaneklaw.com||Shimanek Law||(406) 544-8049||Shimanek Law, 317 E Spruce St, Missoula, MT 59802, United States|
|montanaconsumerlawyer.com||Montana Consumer Law Center & Lundberg Law Office PLLC||(406) 531-0630||Montana Consumer Law Center & Lundberg Law Office PLLC, 415 N Higgins Ave, Missoula, MT 59802, United States|
|attorneyatlawmissoula.com||Murphy Law Offices PLLC||(406) 552-0060||Murphy Law Offices PLLC, 127 N Higgins Ave UNIT 207, Missoula, MT 59802, United States|
|crowleyfleck.com||Crowley Fleck PLLP – Missoula||(406) 523-3600||Crowley Fleck PLLP – Missoula, 305 S 4th St E, Missoula, MT 59801, United States|
|mtbankruptcylawyers.com||Morgan Pierce Law Firm||(406) 830-3875||Morgan Pierce Law Firm, 1800 S Reserve St Suite B, Missoula, MT 59801, United States|
|geranioslaw.com||Geranios Law, PLLC||(406) 541-3565||Geranios Law, PLLC, 120 Hickory St Suite B, Missoula, MT 59801, United States|
|Whitefish Payday Loans|
|greenwelllawoffice.com||Law Office of Jeffrey K. Greenwell, PLLC||(406) 730-3015||Law Office of Jeffrey K. Greenwell, PLLC, 121 Wisconsin Ave, Whitefish, MT 59937, United States|