Minnesota Bankruptcy

What Are The Minnesota Bankruptcy Exemptions?

Minnesota 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 it’s wise to consult with a Minnesota bankruptcy attorney to find which of your assets will be protected in a bankruptcy filed in Minnesota. In general, the major Minnesota bankruptcy exemptions include:

GENERAL MINNESOTA EXEMPTIONS
Real Estate (the Homestead Exemption)
Up to $200,000 of equity in your homestead can be protected. ($500,000 if the homestead is used primarily for agricultural purposes).A provision in the new bankruptcy law caps the homestead exemption at $125,000 if you have not lived in the state for at least 40 months prior to the time you file a bankruptcy petition. In some situations, the cap may be permanent. You should consult with a Minnesota bankruptcy attorney for specific information.
Automobiles
One motor vehicle not exceeding $2,000; or one motor vehicle not exceeding $20,000 that has been modified, at a cost of not less than $1,500, to accommodate a physical disability.
Other Property
Bible and musical instruments; pew and burial lot; all clothing and one watch; utensils and food; and household appliances, phonographs, radio and television receivers of the debtor and the debtor’s family, not exceeding $4,500 in value.In Minnesota, you have the choice of electing the federal exemption statutes rather than the Minnesota state exemptions. Consult with a Minnesota bankruptcy attorney for more details.
View the complete list of Minnesota 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 state’s laws, you may be allowed to choose the federal exemptions applicable in your bankruptcy.

Is Minnesota a Community Property State?

No, Minnesota is not a community property state. Because it is not a community property state, you will be responsible for your spouse’s 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?

Coleman (R-MN) — YEA 
Dayton (D-MN) — YEA

Minnesota Bankruptcy Court Locations:

416 U.S. Courthouse
515 West First Street
Duluth, Minnesota 55802
(218) 529-3600

204 U.S. Courthouse
118 South Mill Street
Fergus Falls, Minnesota 56537
(218) 739-4671

301 U.S. Courthouse
300 South Fourth Street
Minneapolis, Minnesota 55415
(612)-664-5200

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.

Minnesota Bankruptcy Attorney Locations:

Bankruptcy Attorneys in the state of Minnesota

  1. Albertville
  2. Alexandria
  3. Anoka
  4. Apple Valley
  5. Austin
  6. Baudette
  7. Blaine
  8. Bloomington
  9. Brainerd
  10. Brooklyn Park
  11. Buffalo
  12. Burnsville
  13. Cambridge
  14. Detroit Lakes
  15. Duluth
  16. Eagan
  17. Eden Prairie
  18. Edina
  19. Elk River
  20. Faribault
  21. Fergus Falls
  22. Forest Lake
  23. Glencoe
  24. Golden Valley
  25. Granite Falls
  26. Hastings
  27. Inver Grove Heights
  28. Long Prairie
  29. Mankato
  30. Marshall
  31. Minneapolis
  32. Minnetonka
  33. Montevideo
  34. New Brighton
  35. New Ulm
  36. North St Paul
  37. Oakdale
  38. Perham
  39. Pine City
  40. Plymouth
  41. Rochester
  42. Roseville
  43. Shakopee
  44. Shoreview
  45. St Cloud
  46. St Paul
  47. Stewartville
  48. Stillwater
  49. Waseca
  50. White Bear Lake
  51. Willmar
  52. Winona
  53. Zumbrota
Albertville Payday Loans
Website Company Telephone Address
aholawoffice.com Aho Law Office, P.A. (612) 271-4047 Aho Law Office, P.A., 5721 La Centre Ave # 308, Albertville, MN 55301, United States
Alexandria Payday Loans
Website Company Telephone Address
leuthnerlaw.com Leuthner & Huether, Ltd. (320) 762-0259 Leuthner & Huether, Ltd., 2304 S Broadway St #2, Alexandria, MN 56308, United States
veldemoore.com Velde Moore Ltd (320) 421-0001 Velde Moore Ltd, 1118 Broadway St, Alexandria, MN 56308, United States
pemlaw.com Pemberton Law (320) 759-3143 Pemberton Law, 203 22nd Ave W, Alexandria, MN 56308, United States
Anoka Payday Loans
Website Company Telephone Address
atlasbankruptcy.com Atlas Law Firm (763) 400-8882 Atlas Law Firm, 2006 N 1st Ave #206, Anoka, MN 55303, United States
theisenlaw.com Tim Theisen Attorney At Law (763) 421-0965 Tim Theisen Attorney At Law, 229 Jackson St, Anoka, MN 55303, United States
Apple Valley Payday Loans
Website Company Telephone Address
bankruptcylawofficemn.com Kingsbury Law Offices (952) 334-8865 Kingsbury Law Offices, 5885 149th St W Unit C, Apple Valley, MN 55124, United States
Austin Payday Loans
Website Company Telephone Address
bodensteinerlaw.com Bodensteiner Law Office (507) 437-7686 Bodensteiner Law Office, 202 Oakland Ave E, Austin, MN 55912, United States
Baudette Payday Loans
Website Company Telephone Address
alanbfishpa.com Alan B. Fish, P.A. Attorneys at Law (218) 463-2088 Alan B. Fish, P.A. Attorneys at Law, 103 Main St W, Baudette, MN 56623, United States
Blaine Payday Loans
Website Company Telephone Address
bankruptcytruth.com Walker & Walker Law Offices, PLLC (763) 444-4357 Walker & Walker Law Offices, PLLC, 607 County Hwy 10 #204, Blaine, MN 55434, United States
Bloomington Payday Loans
Website Company Telephone Address
galelawfirm.com Gale Law Firm (952) 888-5920 Gale Law Firm, 9301 Bryant Ave S #101, Bloomington, MN 55420, United States
barrylaw.com Rosenzweig Law Office (952) 920-1001 Rosenzweig Law Office, 3800 American Blvd W Ste 1500, Bloomington, MN 55431, United States
butwinicklaw.com Butwinick Law Office (651) 210-5055 Butwinick Law Office, 7800 Metro Pkwy Suite 300, Bloomington, MN 55425, United States
gregorywald.com Gregory J. Wald, Attorney at Law (952) 222-4882 Gregory J. Wald, Attorney at Law, 3800 American Blvd W Suite 1500, Bloomington, MN 55431, United States
Brainerd Payday Loans
Website Company Telephone Address
lifebacklaw.com LifeBack Law Firm, P.A. (218) 822-3300 LifeBack Law Firm, P.A., 211 S 4th St, Brainerd, MN 56401, United States
edshawlaw.com Ed Shaw Law (218) 825-7030 Ed Shaw Law, 722 S 6th St, Brainerd, MN 56401, United States
Brooklyn Park Payday Loans
Website Company Telephone Address
bankruptcytruth.com Walker & Walker Law Offices, PLLC (763) 444-4357 Walker & Walker Law Offices, PLLC, 7240 Brooklyn Blvd #210, Brooklyn Park, MN 55429, United States
Buffalo Payday Loans
Website Company Telephone Address
wrightcountylaw.com Halvorson, Langemo & Paschke (763) 999-7499 Halvorson, Langemo & Paschke, 311 10th Ave S, Buffalo, MN 55313, United States
Burnsville Payday Loans
Website Company Telephone Address
metrobankruptcy.com Attorney Joseph L. Kelly (952) 894-1144 Attorney Joseph L. Kelly, 1500 McAndrews Rd W, Burnsville, MN 55337, United States
prosperlawgroup.com Prosper Law Group (612) 843-9947 Prosper Law Group, 12751 Co Rd 5 Ste 1100, Burnsville, MN 55337, United States
taxhelpmn.com G. Martin Johnson, Ltd (952) 881-9758 G. Martin Johnson, Ltd, 12400 Portland Ave, Burnsville, MN 55337, United States
chermacklaw.com Elizabeth Rosar Chermack, Attorney at Law (952) 491-0390 Elizabeth Rosar Chermack, Attorney at Law, 2999 County Rd 42 W, Burnsville, MN 55306, United States
Cambridge Payday Loans
Website Company Telephone Address
kelseylawyer.com Kelsey Michelle (763) 689-8931 Kelsey Michelle, 100 Buchanan St N #1, Cambridge, MN 55008, United States
Detroit Lakes Payday Loans
Website Company Telephone Address
pemlaw.com Pemberton Law (218) 847-4858 Pemberton Law, 903 Washington Ave, Detroit Lakes, MN 56501, United States
Duluth Payday Loans
Website Company Telephone Address
lifebacklaw.com LifeBack Law Firm, P.A. (218) 822-4502 LifeBack Law Firm, P.A., 11 E Superior St Suite 532, Duluth, MN 55802, United States
hedtkelawoffice.com Hedtke Law Office (218) 728-1993 Hedtke Law Office, 1217 E 1st St, Duluth, MN 55805, United States
ymnlaw.com Law Office Of Yvonne Michaud Novak (218) 720-2888 Law Office Of Yvonne Michaud Novak, 202 W Superior St #303, Duluth, MN 55802, United States
duluthfamilylawyer.com Benjamin Kaasa Law Office, PLLC (218) 464-3397 Benjamin Kaasa Law Office, PLLC, 11 E Superior St #553, Duluth, MN 55802, United States
stromgrenlaw.com Stromgren David A (218) 624-5766 Stromgren David A, 403 N 57th Ave W, Duluth, MN 55807, United States
superiorlaw.net Gilbert Law Office (218) 625-8777 Gilbert Law Office, 1831 E 8th St Suite 103, Duluth, MN 55812, United States
Eagan Payday Loans
Website Company Telephone Address
all-bankruptcy.com Lundquist Bankruptcy Law Firm (651) 454-0007 Lundquist Bankruptcy Law Firm, 3470 Washington Dr Suite 214, Eagan, MN 55122, United States
lifebacklaw.com LifeBack Law Firm, P.A. (612) 843-0525 LifeBack Law Firm, P.A., 4480 Erin Dr, Eagan, MN 55122, United States
Eden Prairie Payday Loans
Website Company Telephone Address
lifebacklaw.com LifeBack Law Firm, P.A. (612) 843-0527 LifeBack Law Firm, P.A., 7525 Mitchell Rd STE 208, Eden Prairie, MN 55344, United States
hoglundlaw.com Hoglund Law (952) 373-5714 Hoglund Law, 12100 Singletree Ln #186, Eden Prairie, MN 55344, United States
Edina Payday Loans
Website Company Telephone Address
wartchowlaw.com Wartchow Law Office (952) 836-2717 Wartchow Law Office, 5200 Willson Rd #150, Edina, MN 55424, United States
gregorymulliganlawoffice.com Greg Mulligan Law Office (952) 832-5250 Greg Mulligan Law Office, 3209 W 76th St STE 200, Edina, MN 55435, United States
Elk River Payday Loans
Website Company Telephone Address
hesslawoffice.net Hess & Jendro Law Office, P.A. (763) 241-4855 Hess & Jendro Law Office, P.A., 11070 183rd Cir NW Suite A, Elk River, MN 55330, United States
Faribault Payday Loans
Website Company Telephone Address
twatkinslaw.com Terry Watkins Attorneys At Law (507) 384-3509 Terry Watkins Attorneys At Law, 18166 Faribault Blvd, Faribault, MN 55021, United States
corbin-law-office.com Corbin Law Office (507) 334-0155 Corbin Law Office, 303 1st Ave NE STE 370, Faribault, MN 55021, United States
Fergus Falls Payday Loans
Website Company Telephone Address
clinelawyers.com Cline Jensen P.A. (218) 998-4088 Cline Jensen P.A., 125 S Mill St, Fergus Falls, MN 56537, United States
Forest Lake Payday Loans
Website Company Telephone Address
atlawhelp.com Anderson & Associates, LLC (651) 464-8510 Anderson & Associates, LLC, 1650 11th Ave SW #203, Forest Lake, MN 55025, United States
Glencoe Payday Loans
Website Company Telephone Address
gavinlawfirm.com Gavin, Janssen & Stabenow, Ltd. (320) 864-5142 Gavin, Janssen & Stabenow, Ltd., 1017 Hennepin Ave N, Glencoe, MN 55336, United States
Golden Valley Payday Loans
Website Company Telephone Address
mn-bankruptcy.com Kelly Law Office (952) 544-6356 Kelly Law Office, Second Floor Conference, 8421 Wayzata Blvd, Golden Valley, MN 55426, United States
Granite Falls Payday Loans
Website Company Telephone Address
kramerlawoffice.net Kramer Law Office (320) 564-2340 Kramer Law Office, 132 8th Ave, Granite Falls, MN 56241, United States
Hastings Payday Loans
Website Company Telephone Address
thlawoffice.com Tanner & Hamilton, PA (651) 437-8037 Tanner & Hamilton, PA, 755 Westview Dr, Hastings, MN 55033, United States
Inver Grove Heights Payday Loans
Website Company Telephone Address
minnesota-bankruptcy-law.com Schreiber Law Office, LLC- Inver Grove Heights (651) 554-0121 Schreiber Law Office, LLC- Inver Grove Heights, 5826 Blackshire Path Suite 108, Inver Grove Heights, MN 55076, United States
Long Prairie Payday Loans
Website Company Telephone Address
dutcherlawoffice.com Dutcher & Paschka P.A. (320) 732-3188 Dutcher & Paschka P.A., 221 Lake St S, Long Prairie, MN 56347, United States
Mankato Payday Loans
Website Company Telephone Address
kennedykennedylawoffice.com Kennedy & Kennedy Law Office (507) 550-1519 Kennedy & Kennedy Law Office, 99 Navaho Ave Suite 104, Mankato, MN 56001, United States
mankatobankruptcy.com Behm Law Group, LTD (507) 387-7200 Behm Law Group, LTD, 403 S Broad St #60, Mankato, MN 56001, United States
hoglundlaw.com Hoglund Law (507) 312-7111 Hoglund Law, 11 Civic Center Plaza #006, Mankato, MN 56001, United States
halverson.com Halverson Law Office (507) 345-1535 Halverson Law Office, 600 S 2nd St, Mankato, MN 56001, United States
Marshall Payday Loans
Website Company Telephone Address
dieboldlawfirm.com Diebold Law Firm LLC (507) 929-4500 Diebold Law Firm LLC, 507 Jewett St, Marshall, MN 56258, United States
Minneapolis Payday Loans
Website Company Telephone Address
dancookelaw.com Dan Cooke, Attorney at Law (612) 721-0230 Dan Cooke, Attorney at Law, 3700 E 34th St, Minneapolis, MN 55406, United States
buettnerlawgroup.com Buettner Law Group, LLC (612) 377-5311 Buettner Law Group, LLC, 2828 University Ave SE Suite 202, Minneapolis, MN 55414, United States
hoversonlaw.com Hoverson Law Offices, P.A. (612) 349-2728 Hoverson Law Offices, P.A., 333 N Washington Ave # 300, Minneapolis, MN 55401, United States
friedmanmurray.com Friedman Murray, PLLC (612) 564-4025 Friedman Murray, PLLC, 1400 Van Buren St NE Suite 200-222, Minneapolis, MN 55413, United States
bankruptcytruth.com Walker & Walker Law Offices, PLLC (612) 824-4357 Walker & Walker Law Offices, PLLC, 4356 Nicollet Ave, Minneapolis, MN 55409, United States
clawoffice.com Christensen Law Office PLLC (612) 823-4016 Christensen Law Office PLLC, 800 N Washington Ave Suite 704, Minneapolis, MN 55401, United States
Minnetonka Payday Loans
Website Company Telephone Address
mn-bankruptcy.com Kelly Law Office (952) 544-6356 Kelly Law Office, 11900 Wayzata Blvd #116E, Minnetonka, MN 55305, United States
atlasbankruptcy.com Atlas Law Firm (952) 314-9022 Atlas Law Firm, 12800 Whitewater Dr Suite 100, Minnetonka, MN 55343, United States
Montevideo Payday Loans
Website Company Telephone Address
stermerlaw.com Stermer & Sellner, Chtd. (320) 269-6491 Stermer & Sellner, Chtd., 102 N Parkway Dr, Montevideo, MN 56265, United States
kluverlaw.com Kluver Law Office & Mediation Center P.L.L.C. (320) 269-2286 Kluver Law Office & Mediation Center P.L.L.C., 408 N 1st St, Montevideo, MN 56265, United States
New Brighton Payday Loans
Website Company Telephone Address
prescottpearson.com Prescott Pearson & Tande, PA (651) 633-2757 Prescott Pearson & Tande, PA, 443 Old Hwy 8 NW #208, New Brighton, MN 55112, United States
New Ulm Payday Loans
Website Company Telephone Address
gislason.com Gislason & Hunter LLP – Business and Family Law (507) 354-3111 Gislason & Hunter LLP – Business and Family Law, 2700 S Broadway St, New Ulm, MN 56073, United States
North St Paul Payday Loans
Website Company Telephone Address
midwestbankruptcy.com Nathan M. Hansen, Attorney at Law (651) 704-9600 Nathan M. Hansen, Attorney at Law, 2440 Charles St, North St Paul, MN 55109, United States
Oakdale Payday Loans
Website Company Telephone Address
brokemn.com Lamey Law Firm P.A. (651) 209-3550 Lamey Law Firm P.A., 980 Inwood Ave N, Oakdale, MN 55128, United States
Perham Payday Loans
Website Company Telephone Address
jmingelaw.com John Minge Law (218) 346-5330 John Minge Law, 318 6th Ave SW, Perham, MN 56573, United States
Pine City Payday Loans
Website Company Telephone Address
cabaklaw.com Cabak Law LLC (320) 629-2529 Cabak Law LLC, 243 Main St S, Pine City, MN 55063, United States
Plymouth Payday Loans
Website Company Telephone Address
kelschlawfirm.com Kelsch Law Firm, P.A. (763) 398-1676 Kelsch Law Firm, P.A., 3350 Annapolis Lane North, Suite C Sub-Suite 110, Plymouth, MN 55447, United States
Rochester Payday Loans
Website Company Telephone Address
bodensteinerlaw.com Bodensteiner Law Office (507) 536-4929 Bodensteiner Law Office, 423 3rd Ave SE, Rochester, MN 55901, United States
dunlaplaw.com Dunlap & Seeger, P.A. (507) 288-9111 Dunlap & Seeger, P.A., 30 3rd St SE, Rochester, MN 55904, United States
svobodalawoffice.com Svoboda Law Office (651) 345-9958 Svoboda Law Office, 108 W Center St, Rochester, MN 55902, United States
jperrylaw.com Perry Law Office: Jerome Jerry Perry (507) 282-4304 Perry Law Office: Jerome Jerry Perry, 300 3rd Ave SE STE 307, Rochester, MN 55904, United States
Roseville Payday Loans
Website Company Telephone Address
stowell-law.com Stowell Law Firm, LLC (651) 890-2831 Stowell Law Firm, LLC, 1711 County B Rd W, Roseville, MN 55113, United States
freshstartminnesota.com Fresh Start Minnesota (612) 655-1308 Fresh Start Minnesota, 1935 County Road B2 W Suite 350, Roseville, MN 55113, United States
Shakopee Payday Loans
Website Company Telephone Address
ross-and-associates.com Ross and Associates, P.A. (952) 448-3333 Ross and Associates, P.A., 287 Marschall Rd, Shakopee, MN 55379, United States
Shoreview Payday Loans
Website Company Telephone Address
mhpllclaw.com Martin & Hedervare Law Firm, PLLC (651) 243-3367 Martin & Hedervare Law Firm, PLLC, 3224 Rice St #100, Shoreview, MN 55126, United States
St Cloud Payday Loans
Website Company Telephone Address
hellerlawfirm.com Heller & Thyen Law Firm (320) 654-8000 Heller & Thyen Law Firm, 606 25th Ave S Ste #110, St Cloud, MN 56301, United States
hoglundlaw.com Hoglund Law (320) 287-5800 Hoglund Law, 606 25th Ave S #208, St Cloud, MN 56301, United States
samcalvert.com Sam Calvert Attorney at Law (320) 252-4473 Sam Calvert Attorney at Law, 1011 2nd St N # 107, St Cloud, MN 56303, United States
hellerthyen.com Stephen L. Heller, J.D. (320) 654-8000 Stephen L. Heller, J.D., 606 25th Ave S #110, St Cloud, MN 56301, United States
lifebacklaw.com LifeBack Law Firm, P.A. (320) 252-0330 LifeBack Law Firm, P.A., 13 7th Ave S, St Cloud, MN 56301, United States
St Paul Payday Loans
Website Company Telephone Address
bolinskelaw.com Bolinske Law, LLC (651) 209-8808 Bolinske Law, LLC, 1171 Northland Dr, St Paul, MN 55120, United States
moshierbankruptcylaw.com Moshier Law Office, PLLC (651) 645-1211 Moshier Law Office, PLLC, 2233 University Ave W Suite 420, St Paul, MN 55114, United States
blaschkolaw.com Blaschko Law Firm Bankruptcy (651) 204-7152 Blaschko Law Firm Bankruptcy, 1551 Livingston Ave #103, St Paul, MN 55118, United States
Stewartville Payday Loans
Website Company Telephone Address
corsonlaw.com Corson Law Offices, LLC (507) 533-8415 Corson Law Offices, LLC, 219 N Main St, Stewartville, MN 55976, United States
Stillwater Payday Loans
Website Company Telephone Address
psaffordablebankruptcy.com Piletich & Skokan, P.A. (651) 351-1975 Piletich & Skokan, P.A., 1675 Greeley St S STE 100, Stillwater, MN 55082, United States
Waseca Payday Loans
Website Company Telephone Address
phblawoffice.com Patton, Hoversten & Berg, P.A. (507) 835-5240 Patton, Hoversten & Berg, P.A., 215 E Elm Ave, Waseca, MN 56093, United States
White Bear Lake Payday Loans
Website Company Telephone Address
solventlaw.com Solvent PLLC (651) 374-8881 Solvent PLLC, 4525 White Bear Pkwy Ste. 300, White Bear Lake, MN 55110, United States
Willmar Payday Loans
Website Company Telephone Address
jonesandpatock.com Jones & Patock Pa (320) 235-3022 Jones & Patock Pa, 516 Litchfield Ave SW, Willmar, MN 56201, United States
Winona Payday Loans
Website Company Telephone Address
brucenelsonlaw.com Nelson Law Office (507) 474-9155 Nelson Law Office, 64 W 3rd St, Winona, MN 55987, United States
lawyerwinonamn.com Lallemont Law (507) 312-7975 Lallemont Law, 174 Main St, Winona, MN 55987, United States
bulielaw.com Bulie Law Office (507) 405-5832 Bulie Law Office, 50 W 2nd St #102, Winona, MN 55987, United States
Zumbrota Payday Loans
Website Company Telephone Address
rocknelawoffice.net Rockne Law Office (507) 732-5191 Rockne Law Office, 385 S Main St, Zumbrota, MN 55992, United States