HR 4176 · 102th Congress · Finance and Financial Sector
Secured Credit Availability Amendments of 1992
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Economic and Commercial Law.(1992-02-11)
Plain Language Summary
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Secured Credit Availability Amendments of 1992 - Amends Federal bankruptcy law to preclude a debtor from avoiding a lien on certain property that would otherwise be exempt if: (1) the lien is a nonpossessory, nonpurchase-money security interest in specified trade-related property; and (2) State law prohibits the debtor from avoiding a lien on such otherwise exempt property.…
Summarized by Claude AI · Non-partisan · For informational purposes only