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New Kentucky bankruptcy law provides homestead exemption.(front page)(Brief Article)
A change in Kentucky's bankruptcy law could help some of the state's poor, unemployed and disabled save their homes if their debts cause them to file for bankruptcy. Legislation passed in the recent session of the Kentucky General Assembly will let debtors protect more of their property, including the value in their homes, when they file for Chapter 7 bankruptcy. The new law allows debtors to follow federal bankruptcy taw in determining how much of their assets ...
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Source: HighBeam Research, New Kentucky bankruptcy law provides homestead exemption.(front...