Texas Bankruptcy Exemptions - All Categories

 

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

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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

Up to $50,000 of personal property ($100,000 for joint filers) from the list of property described in § 42.002(a) of the Texas Property Code:

One vehicle per family member, (a)(9)
2 firearms (a)(7)
Bible or other sacred writings (
Clothing (a)(5) & food (a)(2)
Home furnishings including family heirlooms (a)(1)
Jewelry (limited to 25% of total exemption) (a)(6)
Pets & domestic animals plus their food: 2 horses, mules, or donkeys & tack; 12 head of cattle; 60 head of other livestock; 120 fowl (a)(10)
Health aids (exempt from total) (b)
Tools, equipment (includes boat & motor vehicles used in trade), & books (a)(

Wild Card

None


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Jurisdictional relevance: ST

There are versions of this article for each State.