Tennessee Code Annotated

Tenn. Code Ann. § 30-2-305 (2026)

Debts chargeable against all assets

✓ current as of May 2026
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Every debtor's property, except such as may be specially exempt by law, is assets for the satisfaction of all the debtor's just debts.

Code 1858, § 2252 (deriv. 5 Geo. II, ch. 7, § 4); Shan., § 3985; Code 1932, § 8197; T.C.A. (orig. ed.), § 30-508.


Notes of Decisions
Cited in 5 cases, 1994–2003 · leading case: Williams v. Comm'r, 103 T.C. 451 (Tax Ct. 1994).
Williams v. Comm'r, 103 T.C. 451 (Tax Ct. 1994). · cites it 7× “30-2-305 (1984) (hereinafter sometimes referred to as the debt payment statute), 8 which contains the following *81 language: 30-2-305.”
Est. of Williams v. Huddleston, 938 S.W.2d 415 (Tenn. 1997). · cites it 6× “Those issues include the construction and interpretation of Tenn.Code Ann. § 30-2-305 (1984) (“[ejvery debtor’s property, except such as may be specifically exempt by law, is assets for the satisfaction of all his just debts”); Tenn.”
Ann Wing v. Est. of James Wing (Tenn. Ct. App. 2003). · cites it 2× “Tenn. Code Ann. § 30-2-305 . Therefore, the whole revivor issue is much ado about nothing.”
William J. Vincent v. Reid Troutman (Tenn. Ct. App. 2002). · cites it 2× “Plaintiff relies on Tenn. Code Ann. § 30-2-305 , which states: “Every debtor’s property, except such as may be specially exempt by law, is assets for the satisfaction of all the debtor’s just debts.”
Bowman v. Midstate Fin. Co. (Tenn. Ct. App. 1999). · cites it 2× “1945); see also Tenn. Code Ann. § 30-2-305 . It is, therefore, understandable why early English statutes provided that all transfers of property made with the intent to hinder, delay, or defraud creditors were fraudulent and void.”
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