Filing Means Test Exemptions Courts Forms
- Bankruptcy Lawyers Serving Granbury, TX - (Lawyers)
- Bankruptcy & the Coronavirus Recession - (COVID-19)
- Bankruptcy News - (News)
Ads by Google

Granbury, TX Bankruptcy Guide

Ads by Google

Automatically apply the Hood County expense standards, and Texas income standards to your means test calculation.

Ads by Google
Ads by Google

Texas Bankruptcy Exemptions

Texas Exemptions Summary:

Homestead

Unlimited; property cannot exceed 10 acres in town, village, city or 100 acres (200 for families) elsewhere; sale proceeds exempt for 6 months after sale (renting okay if another home not acquired, Prop. 41.003)
Must file homestead declaration, or court will file it for you and charge you for doing so

Vehicle Exemption

1 two-, three- or four-wheeled motor vehicle per family member or per single adult who holds a driver's license; or, if not licensed, who relies on someone else to operate vehicle

Personal Property

Clothing & food
Home furnishings including family heirlooms
Jewelry (limited to 25% of total exemption)
Pets & domestic animals plus their food: 2 horses, mules, or donkeys & tack; 12 head of cattle; 60 head of other livestock; 120 fowl
Health aids (exempt from total)
Tools, equipment (includes boat & motor vehicles used in trade), & books

Wild Card

None

more...  

Ads by Google
Ads by Google
Ads by Google