H.R. 242 · 117th Congress
Protecting Homeowners in Bankruptcy Act of 2021
- Stage
- In committee
- Sponsor
- Madeleine Dean
- Introduced
- 2021-01-11
- Latest action
- 2021-03-04 · Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Summary
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.