Lately most changes to the laws affecting bankruptcy have been negative or harmful to debtors. However, just last week, a bill was passed and signed into law which is helpful for debtors. This new law raises the homestead exemptions and personal property exemptions in the State of Alabama. These changes finally bring Alabama in line with or at least closer to other states in this regard.
Below is an information sheet from the Alabama Appleseed Center for Law and Justice, Inc. about the new law. “Alabama Appleseed Center for Law & Justice, Inc. is a non-profit, non-partisan public interest legal advocacy organization whose mission is to work for systemic policy reforms that achieve justice and fairness for low-income, unrepresented and other vulnerable populations.” Alabama Appleseed deserves much credit for pushing these changes to the Alabama exemption laws. These changes will benefit the poor, the middle class, and the elderly for years to come. You can visit their website at http://www.alabamaappleseed.org.
Below is an information sheet from the Alabama Appleseed Center for Law and Justice, Inc. about the new law. “Alabama Appleseed Center for Law & Justice, Inc. is a non-profit, non-partisan public interest legal advocacy organization whose mission is to work for systemic policy reforms that achieve justice and fairness for low-income, unrepresented and other vulnerable populations.” Alabama Appleseed deserves much credit for pushing these changes to the Alabama exemption laws. These changes will benefit the poor, the middle class, and the elderly for years to come. You can visit their website at http://www.alabamaappleseed.org.
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