A free guide for Texas residents considering bankruptcy. Filed in W.D. Tex..
Whether you can keep your engagement ring depends on your state's jewelry exemption. Exemption amounts vary wildly -- from $150 in Arizona to unlimited in Texas. If your ring's value exceeds the exemption, the trustee could potentially sell it (though this is rare in practice for modest rings). Many people protect rings using wildcard exemptions.
In Texas: Texas: unlimited personal property for families.
Filed in W.D. Tex.. Courthouse: 615 E Houston St, San Antonio TX.
Whether you can keep your engagement ring depends on your state's jewelry exemption. Exemption amounts vary wildly -- from $150 in Arizona to unlimited in Texas. If your ring's value exceeds the exemption, the trustee could potentially sell it (though this is rare in practice for modest rings). Many people protect rings using wildcard exemptions.
Yes. This applies to W.D. Tex.. Local trustee practices may vary. Consult a qualified attorney.
615 E Houston St, San Antonio TX.
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