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Texas Exemptions

   

Federal supplemental exemptions can be used in conjunction with your Texas exemptions and can be viewed here.

In Texas, you may choose to use the federal exemption set instead of your state exemptions.

Also see Texas bankruptcy forms.

ASSET

EXEMPTION DESCRIPTION

LAW SECTION

Homestead

Unlimited; property cannot exceed 1 acre in town, village, city or 100 acres (200 acres for families) elsewhere; sale proceeds exempt for 6 months after sale (need not occupy if not acquire another home, Property 41.003)

May file homestead declaration

Property 41.001, 41.002

 

Property 41.005

Personal Property

Athletic and sporting equipment, including bicycles; 2 firearms; home furnishings, including family heirlooms; food; clothing; jewelry (not to exceed 25% of total exemption); 1 two-, three- or four wheeled motor vehicle per member of family or single adult who holds a driver’s license (or who operates vehicle for someone else who does not have a license); 2 horses, mules or donkeys and a saddle, blanket and bridle for each; 12 head of cattle; 60 head of other types of livestock; 120 fowl; and pets to $30,000 total ($60,000 for head of family)

Burial plots

Health aids

 Property 42.001, 42.002

 

 

 

Property 41.001

Property 42.001(b) (2)

Insurance

Church benefit plan benefits

Fraternal benefit society benefits

Life, health, accident or annuity benefits or monies, including policy proceeds and cash values to be paid or rendered to beneficiary or insured

Life insurance present value if beneficiary is debtor or debtor’s dependent (see note under personal property)

Retired public school employees group insurance

Texas employee uniform group insurance

Texas state college or university employee benefits

1407a-6

885.316

Insurance 21.22

Property 42.002(a) (12)

Insurance 3.50-4(11) (a)

3.50-4(11),1575.006

1551.011

Insurance 3.50-3(9) (a)

Miscellaneous

Property of business partnership

6132b-25

Pensions

County & district employees

ERISA-qualified government or church benefits, including Keoghs and IRAs

Firefighters

IRAs to extent tax-deferred

Judges

Keoghs to extent tax-deferred

Law enforcement officers’ survivors

Municipal employees

Police officers

Retirement benefits to extent tax-deferred

State employees

Teachers

Government 811.005

Property 42.0021

6243e(5), 6243e.1(12),

6243e.2(12)

Property 42.0021

Government 811.005

Property 42.0021

6228f(8)

6243g, Government

811.005

6243d-1(17), 6243j(20),6243g-1(23B)

Property 42.0021

Government 811.005

Government 811.005

Public Benefits

Crime victims’ award

Medical assistance

Public assistance

Unemployment compensation

Workers’ compensation

56.49

Hum. Res. 32.036

Hum. Res. 31.040

5221b-13

8308-4.07

Tools of Trade

Farming or ranching vehicles and implements

Tools, equipment (includes boat & motor vehicles) & books

Property 42.002(a) (3)

Property 42.002(a) (4)

Wages

Earned but unpaid wages

Unpaid commissions to 75% (see personal property)

Property 42.001(b) (1)

Property 42.001(d)

 

 


     

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