Friday, April 15, 2005
AJMasters Real Estate - Tampa Bay Florida
BANKRUPTCY REFORM
Currently, Floridians declaring bankruptcy may shield their home from creditors, but that protection will be weakened once a massive federal bankruptcy bill becomes law -- it won't protect everyone and doesn't always cover the complete value of expensive homes.
The U.S. House approved the bill yesterday; the Senate approved it previously, and President Bush could sign it as early as next week.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n2-04152005
Source: Planet Realtor, FLORIDA ASSOCIATION OF REALTORS
Currently, Floridians declaring bankruptcy may shield their home from creditors, but that protection will be weakened once a massive federal bankruptcy bill becomes law -- it won't protect everyone and doesn't always cover the complete value of expensive homes.
The U.S. House approved the bill yesterday; the Senate approved it previously, and President Bush could sign it as early as next week.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n2-04152005
Source: Planet Realtor, FLORIDA ASSOCIATION OF REALTORS
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