Tennessee Bankruptcy Exemption Information
If you are a bankruptcy trustee, it will fall to you to examine the claimant's assets to learn if there is any property that qualifies for liquidation. To find some of the Tennessee bankruptcy exemptions most frequently claimed, access our quick reference page.
Homestead
$5,000 homestead exemption for individual debtor ($7,500 if property
jointly owned).
Wages
75 percent or 40 times the federal minimum wage whichever is greater.
Automobiles
No specific automobile exemption.
Other Property
$4,000 in any personal property; all clothing, pictures, and books.
Note: Exemptions may have changed since our last update.
» Read the complete Tennessee bankruptcy
exemptions here
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