Texas state exemption system caps personal property exemptions at $50,000
Section 42.001 sets the overall limits for the personal property exemptions listed in section 42.002(a) at $50,000; $100,000 for joint filers.
Texas Personal Property Exemptions — State System
Personal Property Exemptions Under Texas Law
CAR:
1 two-, three- or four-wheeled motor vehicle per family member or per single adult who holds a driver's license; or, if not licensed, who relies on someone else to operate vehicle
Federal Non-Bankruptcy Personal Property Exemptions
(available only if using State System)
Personal Property Exemptions — Federal System § 522(d)
Yes. Federal exemptions are available.
The Federal Bankruptcy Exemptions under 11 U.S.C. § 522(d) are available to you if
- you haven't lived in any state longer than 180 days for a while,
- or
- if your state allows the Federal exemptions as a choice.