
while I think that H.R. 833 sets a reasonable cap on homestead exemptions at $250,000, I believe it is imperative that the homestead exemption for individuals and couples in New York be raised to sufficiently reflect the prevailing costs…
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while I think that H.R. 833 sets a reasonable cap on homestead exemptions at $250,000, I believe it is imperative that the homestead exemption for individuals and couples in New York be raised to sufficiently reflect the prevailing costs…

I believe it is imperative that the homestead exemption for individuals and couples in New York be raised to sufficiently reflect the prevailing costs of housing in New York.

while I believe that H.R. 833 is an important step towards ending the abuse and restoring responsibility to our nation's bankruptcy system, I believe that the effectiveness of this legislation could be improved by adjusting the homestead…

in my home State of New York, the homestead exemption for individuals is just $10,000 while couples are limited to only a $20,000 exemption. Clearly this amount is woefully inadequate when compared to the current high costs of housing…

I believe that H.R. 833 is an important step towards ending the abuse and restoring responsibility to our nation's bankruptcy system.

I believe that the effectiveness of this legislation could be improved by adjusting the homestead exemption for bankruptcy filers to more adequately reflect the current costs of housing in the United States.