Texas Personal Property Exemptions

12 Oct Texas Personal Property Exemptions

Personal property is exempt under Texas law from garnishment, attachment, execution, or other seizure for payment of a debt if:
1. the property is provided for a family and has an aggregate fair market value on not more than $60,000, exclusive of the amount of any liens, security interests, or other charges encumbering the property; or
2. the property is owned by a single adult, who is not a member of a family, and has an aggregate value of not more than $30,000, exclusive of the amount of any liens, security interests, or other charges encumbering the property.

1. home furnishings, including family heirlooms;
2. provisions for consumption;
3. farming or ranching vehicles and implements;
4. tools, equipment, books, and apparatus, including boats and motor vehicles used in a trade or profession;
5. wearing apparel;
6. jewelry not to exceed 25 percent of the aggregate limitations of $30,000.00 for a single person or $60,000.00 for family (exclusive of any liens, security interests, or other charges encumbering the property);
7. two firearms;
8. athletic and sporting equipment, including bicycles;
9. a two-wheeled, three-wheeled, or four-wheeled motor vehicle for each member of a family or single adult who holds a driver’s license or who does not hold a driver’s license but who relies on another person to operate the vehicle for the benefit of the nonlicensed person;
10. the following animals and forage on hand for their consumption:
(A) two horses, mules, or donkeys and a saddle, blanket, and bridle for each;
(B) 12 heads of cattle;
(C) 60 head of other types of livestock; and
11. household pets.

Also, (A) current wages for personal services, except for the enforcement of court-ordered child support payments, (B) professionally prescribed health aids of a debtor or a dependent of a debtor; and (C) alimony, support or separate maintenance received or to be received by the debtor for the support of the debtor or a dependent of the debtor are not included in the $30,000 and $60,000 amounts listed above.

Additionally, unpaid commissions for personal services not to exceed 25% of the aggregate limitations ($30,000 and $60,000) are exempt from seizure and are included in the aggregate.

There are additional exemptions for savings plans, whether vested or not, under any stock bonus, pension, profit-sharing, or similar plan, including a retirement plan for self-employed individuals; annuities,IRA accounts, and certain college savings plans.

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Jay S. Fleischman is a bankruptcy lawyer with offices in Los Angeles and New York. He can often be found on Google+ and Twitter, where he shares information about consumer protection issues and personal finance.
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