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SB 308

(Wieckowski) Judiciary: 6-3-1
(Wieckowski) Floor: 21-35-24


Current bankruptcy law does not leave debtors with enough assets to stay on their feet and make a fresh financial start. SB308 would have allowed debtors to retain enough assets (like their home and car) to become self-sufficient again, rather than assuming more debt, re-filing for bankruptcy, or depending on public assistance.