Tennessee Bankruptcy Exemptions - All Categories

 

A detailed listing of state and federal exemption laws, with statutory citations.

ADVERTISEMENT -
AD_GOOGLE_2_RESPONSIVE_PRE_CONTENT

.
 

Tennessee Exemptions Summary:

Homestead

$5,000; $7,500 for joint owners; $25,000 if at least one dependent is a minor child. (if 62 or older, 12,500 if single; $20,000 if married; $25,000 if spouse is also 62 or older)

Vehicle Exemption

no specific exemption

Personal Property

$10,000 of any personal property including deposits on account with any bank or financial institution
Clothing & storage containers
Burial plots to 1 acre
Bible, schoolbooks, family pictures, & portraits

Wild Card

See personal property. ($10,000 of any personal property)


ADVERTISEMENT -

Free Bankruptcy Case Evaluation For Memphis, TN

Do you have questions about filing bankruptcy in Tennessee, and think you might need a bankruptcy lawyer? Use the form below to connect with the Nolo / Martindale network of bankruptcy lawyers For Memphis, TN.
SPONSORED FORM - Nolo/Martindale Attorney Network



Jurisdictional relevance: ST

There are versions of this article for each State.