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Tennessee Legislative Changes – 2010

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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