Federal and State Bankruptcy Exemptions.
Bankruptcy Exemptions are the statutes that govern what is protected or “exempt” from your creditors. The assets that are exempt from creditors, means that neither the creditors or the bankruptcy trustee can liquidate to pay your debts. Texas Bankruptcy Exemptions are some of the most generous in the country. It takes an experienced bankruptcy attorney to determine how to best protect your assets so that you are afforded the fresh start bankruptcy provides. Call 972-315-6222 or click here to discuss what bankruptcy exemptions can be used in your financial situation.