As a debtor filing for bankruptcy
in Texas, you have an advantage. The advantage is that you have an election to make as to whether you want to take the Texas list of exemptions or the list of exempt property under the Federal Bankruptcy Code.
Exempt property is property you get to keep if you file a bankruptcy.
Under the Texas property code, no cash or stocks (that are not under a retirement umbrella) are exempt. However, if you have less than $20,000 per spouse of equity in your homestead then you will have a wildcard exemption under the federal list to claim otherwise non-exempt property as exempt.