How to obtain general property exemptions in bankruptcy<br>Calculate the equity in your home. Many states will allow you to exempt a certain amount of equity in your home. To figure out the equity in your house, you should subtract the mortgage from the current market value.

Can we draw the following conclusion?
The state of Utah will allow you to exempt the equity in your home.

Possible answers:
 * Yes.
 * It's impossible to say.
 * No.