To amend title 11 of the United States Code with respect to avoiding certain liens that impair exempt property.
Secured Credit Availability Amendments of 1993 - Amends Federal bankruptcy law to preclude a debtor from avoiding a lien on certain property that would otherwise be exempt if: (1) the lien is a nonpossessory, nonpurchase-money security interest in specified trade-related property; and (2) State law prohibits the debtor from avoiding a lien on such otherwise exempt property.
Introduced in House
Introduced in House
Referred to the House Committee on Judiciary.
Referred to the Subcommittee on Economic and Commercial Law.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line