Homestead Exemptions

Bankruptcy Exemptions in Texas

In case you find your financial future in doldrums and are considering filing for bankruptcy under Chapter 7 or Chapter 13, it is important that you are aware of how the process works. Most of the times, people assume the worst when it comes to bankruptcy. Unlike popular misconception that you will end up losing everything you own, bankruptcy allows a number of protections which allows bankruptcy filers to protect more of their property or pay less amount to unsecured creditors. The Texas exemption laws contain many such protections for the benefit of filers. […]