Tag Archives: NCLC

NCLC report: Urgent need for reform of state property exemption laws to free up courts and protect basic family assets

New NCLC survey finds that none of the U.S. state’s property exemption laws meet basic standards so that debtors can continue to work productively to support themselves and their families. States’ archaic exemption laws fuel the fast-growing debt buyer industry which churns out old and often poorly documented judgments that abuses the court system. Recommendations for reform are included.