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Our Plano bankruptcy law firm offers free initial consultations via phone or in person. To obtain your Free Consultation, simply complete the short form to the right of the page, or call:
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The following is a list of the Texas bankruptcy exemptions that may be claimed when selecting the exemption scheme set forth in section 522(b)(2) of the United States Bankruptcy Code. Note that this list of exemptions may be supplemented with certain additional federal exemptions.
Item |
Description |
Statute |
| ALIMONY, MAINTENANCE AND SUPPORT | ||
| Alimony, Maintenance and Support | Alimony, maintenance and support payments | Property Code § 42.001(b)(3) |
| ANIMALS | ||
| Pets | Household pets | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(11) |
| Livestock | Livestock Horses (2), mules (2), donkeys (2), cattle (12), fowl (120), and other livestock (60), including the forage on hand for their consumption | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(10) |
| BOOKS, PICTURES, ART AND COLLECTIONS | ||
| Books | Books used in a trade or profession | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(4) |
| Books, Art and Heirlooms | Household furnishings, art and family heirlooms | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(1) |
| FARM EQUIPMENT | ||
| Equipment and Implements | Farm or ranch equipment and implements | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(3) |
| Firearms | Two firearms | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(7) |
| HOUSEHOLD GOODS | ||
| Home Furnishings | Home furnishings and family heirlooms | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(1) |
| Provisions | Provisions for consumption | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(2) |
| INSURANCE | ||
| Fraternal Benefit Societies | Fraternal benefit society benefits such as death benefits, medical benefits, annuity benefits, etc. | Insurance Code, § 885.316 |
| Insurance Policies | Benefits, including cash value and proceeds, under a life, health, or accident insurance policy | Insurance Code, § 1108.051 |
| Public School Employees | Uniform group insurance benefits for retirees of public schools | Insurance Code, § 1575.006 |
| Texas Employees | Uniform group insurance benefits for Texas employees | Insurance Code, § 1551.011 |
| Texas State College Employees | Uniform group insurance benefits for the employees of the University of Texas system and the Texas A & M system | Insurance Code, § 1601.008 |
| JEWELRY | ||
| Jewelry | Jewelry, the value of which must not exceed 25% of the limitation established in section 42.001(a) | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(6) |
| MACHINERY | ||
| Machinery and Equipment | Machinery and equipment used in a trade or professions | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(4) |
| OFFICE FURNISHINGS | ||
| Office Furnishings and Supplies | Office furnishings and supplies used in a trade or professions | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(4) |
| MOTOR VEHICLES | ||
| Automobiles, Trucks, Trailers, etc. | Automobiles, trucks trailers, tractors, etc. (any vehicle with 2, 3 or 4 wheels), for each qualified family member | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(9) |
| Farm or Ranch Vehicles | Farming or ranching motor vehicles | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(3) |
| Boats | Boats used in a trade or professions | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(4) |
| Vehicles | Motor vehicles used in a trade or profession | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(4) |
| PENSIONS AND PROFIT SHARING |
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| Churches | Pensions and benefits for church ministers, teachers, etc. | Revised Statutes, Title 32, Chapter 9, Article 1407a, § 6 |
| College Savings | Person’s right to assets in any prepaid tuition contract, savings trust account, or qualified tuition program | Property Code § 42.0022 |
| County and District Employees | Person’s right to assets in the Texas county and district employees’ retirement system | Government Code § 841.006 |
| Firefighters | Firefighters’ pension plan | Revised Statutes, Title 109, Article 6243e, § 5 |
| IRAs | Person’s right to assets in any Individual Retirement Account | Property Code § 42.0021(b) and (c) |
| Municipal Employees | Municipal employees’ pension plan | Government Code § 851.006 |
| Pensions and Profit Sharing Plans | Person’s right to assets in any stock bonus, pension, profit-sharing, or similar plan, including a retirement plan for the self-employed | Property Code § 42.0021(a) |
| Police | Police officers’ pension plan | Revised Statutes, Title 109, Article 6243j, § 20 |
| Texas Employees | Texas employees’ retirement system | Government Code § 811.005 |
| Texas Judges | Person’s right to assets in the judicial retirement system | Government Code § 831.004 and Government Code § 836.004 |
| Texas Teachers | Person’s right to assets in the teacher retirement system | Government Code § 821.005 |
| REAL PROPERTY | ||
| Burial Lots | One or more burial lots | Property Code, § 41.001 |
| Homestead | Rural Homestead of 100 acres (single) or less, or 200 acres (family) or less | Texas Const., Art. XVI, § 50; Property Code, § 41.001; and Property Code, § 41.002 |
| SPORTS EQUIPMENT | ||
| Sports Equipment | Athletic and sporting equipment including bicycles | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(8) |
| WEARING APPAREL | ||
| Health Aids | Professionally prescribed health aids | Property Code § 42.001(b)(2) |
| Wearing Apparel | Wearing apparel | Property Code § 42.001(a) (statutory cap) and Property Code § 42.002(a)(5) |
| MISCELLANEOUS | ||
| Commissions | Unpaid commissions, the value of which must not exceed 25% of the limitation established in section 42.001(a) | Property Code § 42.001(d) |
| Crime Victim Compensation | Crime victim’s right to compensation | Code of Criminal Procedure, Article 56.49 |
| Firefighter Survivors’ Benefits | Financial assistance to survivors of firefighters | Government Code § 615.005 |
| Law Enforcement Survivors’ Benefits | Financial assistance to survivors of law enforcement officers | Government Code § 615.005 |
| Public Assistance | Texas financial assistance and medical assistance program funds | Human Resources Code § 31.040 and Human Resources Code § 32.036 |
| Partnership Property | Partner’s interest in partnership property is not transferable | Revised Statutes, Title 105, Chapter 1, Article 6132b-5.01 |
| Unemployment Compensation | Labor Code § 207.075 | |
| Wages | wages for personal services, exclusive of commissions and court ordered child support | Property Code § 42.001(b)(1) |
 State Bar of Texas |
 State Bar of California |
 Dallas Bar Association |
 American Bankruptcy Institute |
 Collin County Bar Association |
 National Association of Consumer Bankruptcy Attorneys |
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