H.R.225: Emergency Homeownership and Equity Protection Act

About This Bill

Bill Sponsor

Bill Summary

Emergency Homeownership and Equity Protection Act - Amends federal bankruptcy law governing a Chapter 13 debtor (adjustment of debts of an individual with regular income). Excludes from computation of debts the secured or unsecured portions of: (1) debts secured by the debtor's principal residence if the current value of that residence is less than the secured debt limit; or (2) debts secured or formerly secured by debtor's principal residence...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on the Judiciary.
Committee Hearings Held.
Jan. 7, 2009

Introduced in the House by Brad Miller (D-N.C.)

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