Tennessee Legislative Changes - 2010

Posted on July 9, 2010 by John Day

Public Chapter 787 has changed the law concerning the amount of exemption you receive for personal property if you file bankruptcy.  The old law provided for an exemption of $4000.   The new law increases the exemption to $10,000.

If you are a plaintiff's tort lawyer and you think this change will impact your practice in any material way, I suggest you read an article I wrote on case selection.

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