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bankruptcy texas Tag

Exemptions are simply a legal term used to determine if you can protect your property from the bankruptcy process. When you file a bankruptcy, you are required to turnover any NON-EXEMPT property. The good news is that in Texas, most of your property will be exempt. In over 95% of the cases I file, my clients are able to exempt 100% of their property.  Texas is known as an opt-in state, which means you can choose the...

If you are going to have to file bankruptcy, then Texas is the state you want to live in. Texas has the best exemptions in the United States. In addition, Texas allows you to choose between state or federal exemptions. Exemptions are the legal mechanism that allow you to protect your assets. The Texas Homestead exemption is the best in the country. It allows you to protect an almost unlimited amount. It does have an acres limitation...