HR 3693 · 105th Congress · Finance and Financial Sector

Bankruptcy Abuse Reform Act of 1998

Introduced 1998-04-21· Sponsored by Rep. Barrett, Thomas M. [D-WI-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Commercial and Administrative Law.(1998-04-23)

Plain Language Summary

[AI summary unavailable — showing source text] Bankruptcy Abuse Reform Act of 1998 - Amends Federal bankruptcy law to preclude a debtor from exempting under State or local law an interest that exceeds $100,000 in value, in the aggregate, in: (1) real or personal property, or a cooperative that owns property, used by the debtor or his dependent as a residence; or (2) a burial plot for the debtor or a dependent.…

Summarized by Claude AI · Non-partisan · For informational purposes only