Quantcast

Homestead cap doesn't apply in bankruptcy case (access required)

By: Lawyers Weekly Staff
Published: January 28, 2008

The homestead exemption cap enacted as part of bankruptcy reform legislation doesn't apply to a homestead interest established within the applicable statutory period because the debtor acquired title to the property prior to that time, the 5th Circuit has ruled. The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 included a provision that limits the ...
© Copyright 2012 Lawyers USA. All Rights Reserved.


POST A COMMENT

Sign-up for alerts

SUBSCRIBERS: Did you receive the new Lawyers USA Weekly Update in your inbox on Monday?

If not, click here to register and learn more now.


FEATURED PODCAST

Baby Boomer lawyers and retirement

Nelson Schwartz from The New York Times recently wrote an article titled, "Easing Out the Gray-Haired. Or Not.," spotlighting the fate of the Baby Boomer generation within law firms. Attorney and co-host Bob Ambrogi welcomes Attorney Valerie C. Samuels, a partner in the firm Posternak Blankstein & Lund LLP and co-chair of the Employment Law Group, and Attorney Roy Ginsburg, to take a look at this generation of baby boomers within law firms, retirement, their fate within the firm, options upon retirement and what this means for law firms: big, small and solo.

Click here to listen to the podcast.

Click here to download the podcast.

Click here for the Podcast archive.