Bankruptcy in Tennessee

Tennessee has three bankruptcy districts. Chapter 7 fees range $900-$1,800, Chapter 13 costs $2,400-$5,500. Tennessee exemptions include a $5,000 homestead exemption ($7,500 for joint filers), $2,500 motor vehicle, and a $4,000 wildcard. The homestead exemption is low compared to many states. Tennessee allows only state exemptions. The Middle and Western Districts (Nashville and Memphis) have the highest filing volumes. Medical debt and consumer credit card debt are primary drivers of Tennessee bankruptcy filings. The state has specific protections for retirement accounts and college savings plans.