Texas Bankruptcy Exemptions

If you’re considering filing for bankruptcy in Texas, it’s important to understand the state's bankruptcy exemption laws. Bankruptcy exemptions allow individuals to protect certain property from being liquidated under Chapter 7 or Chapter 13 bankruptcy proceedings. In Texas, these laws are set out in the Texas Property Code and determine what assets are exempt from creditors.

Texas has a generous list of exemptions that includes real estate up to $60,000; personal items such as jewelry, clothing, and household goods up to $60,000; motor vehicles up to $30,000; personal injury settlements; disability benefits including Social Security income; annuity payments; workers' compensation awards; pensions and retirement accounts (including 401Ks); life insurance policies; and certain public benefits including food stamps.

The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.

Our goal is to help you find a fresh start FAST!

Schedule your free consultation just today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706