Caution! The site can't guarantee, that text has age permission. The site is not recommended, if you are less than 18 years old.
The site shows example sentences for English words. How the word or phrase could be used in a sentence?
" ... Also, to take advantage of more favorable state exemptions, i.e., a so-called debt bird flocking to Florida or Texas, the debtor would have had to live at least two years in the new state before they could claim the state exemptions. For homestead on a home, if a person moves within one year of filing for bankruptcy, then their exemption could not be greater than the amount that it would have been exempt in the previous state, unless the value of the new property exceeds $1 million in which case there is a three-year period. ... "
" ... Among other things, the bill would also radically reform the bankruptcy system by replacing Chapter 7 and Chapter 13 bankruptcies with a single, unified bankruptcy process. It would create a uniform federal homestead exemption, rather than a patchwork of state exemptions. It would permit the discharge of certain government fees and fines. It would exempt sources of income and assets linked to alimony, child support income, the child tax credit, and the Earned Income Tax Credit. And it would crack down on predatory practices by lenders and creditors. ... "
" ... Third, Westen and Lawson purchased a house in Texas with the proceeds from the sale of the Brentwood home and then later moved there (Texas has an unlimited homestead exemption). ... "