This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Bankruptcy Exemption in Texas

Texas law provides a homestead exemption of unlimited value for urban or rural property up to a certain acreage, and a personal property exemption of $214,000 for a single adult. The governing statutes, primarily Tex. Prop. Code §§ 41.001-41.002 and 42.001-42.0021, along with Tex. Const. Art. XVI § 50, define which assets qualify. The $214,000 figure applies to the aggregate value of exempt personal property, such as household furnishings, clothing, and tools of trade, but excludes the homestead. Federal bankruptcy law under 11 U.S.C. § 522(b) and (p) allows Texas residents to use these state exemptions instead of the federal list. The worked example below illustrates how the $214,000 cap applies. To estimate your own exemption amount, use the calculator on this page.

Governing authority

In Texas, the bankruptcy exemption rule is set by Tex. Prop. Code §§ 41.001-41.002, 42.001-42.0021; Tex. Const. Art. XVI § 50; 11 U.S.C. § 522(b), (p). The verified packet cites Tex. Prop. Code §§ 41.001-41.002, 42.001-42.0021; Tex. Const. Art. XVI § 50; 11 U.S.C. § 522(b), (p) (https://statutes.capitol.texas.gov/Docs/PR/htm/PR.42.htm).

Texas bankruptcy exemption: the verified value is $214,000 under Tex. Prop. Code §§ 41.001-41.002, 42.001-42.0021; Tex. Const. Art. XVI § 50; 11 U.S.C. § 522(b), (p). The verified packet cites Tex. Prop. Code §§ 41.001-41.002, 42.001-42.0021; Tex. Const. Art. XVI § 50; 11 U.S.C. § 522(b), (p) (https://statutes.capitol.texas.gov/Docs/PR/htm/PR.42.htm).

Estimate your own result: every situation has exceptions that can change the outcome. Use the bankruptcy exemption calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.