HR 242 · 117th Congress · Finance and Financial Sector

Protecting Homeowners in Bankruptcy Act of 2021

Introduced 2021-01-11· Sponsored by Rep. Dean, Madeleine [D-PA-4]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.(2021-03-04)

Plain Language Summary

[AI summary unavailable — showing source text] Protecting Homeowners in Bankruptcy Act of 2021 This bill increases the homestead exemption an individual debtor can claim in a bankruptcy to $100,000. The homestead exemption allows a debtor to exempt from property of the estate the debtor's interest in property used as the debtor's residence or interest in a burial plot for the debtor.…

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

Cosponsors (1)

1 Democrat
Rep. Nadler, Jerrold [D-NY-10]NY