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Texas Bankruptcy Information > Midland County

Midland, Texas Bankruptcy Information
Population: 114,192
Zip Codes:11

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Quick Reference: Standards applied in a
Midland County means test

Texas Median Income Standards


 

Bankruptcy Lawyers serving Midland, Texas

Texas Bankruptcy Exemptions

Texas 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

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

Wages

Unpaid commissions not to exceed 25% of total personal property exemptions

Personal property & Tools of Trade

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

WildCard

None

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