Source: http://www.utahlegalservices.org/public/legal_problem-en-us/consumer/exempt-property/begin-questions-answers-exempt-property-in-utah
Timestamp: 2017-06-24 13:47:14
Document Index: 15719380

Matched Legal Cases: ['§78', '§78', '§78', '§78', '§78', '§78']

Begin Questions & Answers- Exempt Property in Utah — public
Below are some frequently asked questions about exempt property in Utah:
Property that is protected and cannot be taken by your creditors to satisfy a judgment for debt (see Utah Code §78B-5-502).
You. If you fail to do so, your spouse, your dependents, or anyone else whom you authorize may claim an exemption on your behalf (see Utah Code §78B-5-510).
It depends on the timing. You cannot waive an exemption in favor of an unsecured creditor (a creditor to whom you have not given any particular collateral or security interest in a specific piece of property, such as your home) before your property has been seized, attached, or garnished (see Utah Code §78B-5-509).
Homestead (see our "Homestead Exemption" page for more information);
Food and other provisions sufficient for 12 months for you and your family;
Clothing that is reasonably necessary (not including jewelry or fur coats);
Beds and bedding for you and your immediate family;
Artwork depicting or produced by you or immediate family (unless such artwork is held as part of a trade or business);
Insurance proceeds, judgment, or settlement that are compensatory for bodily injury or wrongful death to you or to someone for whom you are or were a dependent;
Dining and kitchen tables and chairs reasonably necessary for one household, up to $1,000 per debtor;
Motor vehicle per driver not exceeding $3,000 in value, used primarily for daily transportation, and not used for recreational purposes;
$5,000 per debtor of real property that is not primary personal residence;
House or primary residence with equity up to $30,000 per debtor.
As a general rule, money that qualifies as exempt remains exempt so long as it is traceable in your bank account. A court will consider the first money in and first money out, or last money in and last money out in determining which money in the account is exempt. If your money that would otherwise be exempt is mixed with other money in your account, it may be difficult to trace and may lose its exempt status.
Yes; a creditor may attach or garnish exempt property to enforce (i) alimony, (ii) spousal support, (iii) child support, (iv) wages, (v) state or local taxes, (vi) money owed for the purchase of a specific property item (e.g., money owed to a dealer for the purchase of a car, and the car is not exempt from the dealer repossessing it), (vii) labor or materials used to make, repair, improve, preserve, store, or transport a specific property item (e.g., if you have your car fixed, the mechanic can attach the car), (viii) statutory liens or security interests in a specific property item (e.g., if you used your car as collateral for a loan, the lender will most likely have a security interest in the car and may repossess it if you default on the loan), or (ix) money owed as a special assessment for public improvements benefiting a specific piece of property (e.g., money owed for the city putting in a curb and sidewalk) (see Utah Code §§78B-5-508 and 78B-5-509).
You or your spouse (or a dependent) may ask a court to stop the creditor from taking the exempt property. You may also be entitled to receive damages. If you prevail, the court may award costs and reasonable attorney’s fees to you (see Utah Code §78B-5-511).
Are there limits on the amount of my income that can be garnished? Yes. Creditors can only garnish a certain percentage of your income. The Department of Labor has established rules and regulations concerning garnishment. Those rules and examples can be found here:click here
You may not exempt property in your bankruptcy case except for those exemptions expressly permitted under Utah law (see Utah Code §78B-5-513).
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