A1020 — Increases debt execution exemption amounts for household goods, establishes for persons in debt homestead, bank account, and disposable earnings exemptions, and caps medical debt interest rate.

A1020 — Increases debt execution exemption amounts for household goods, establishes for persons in debt homestead, bank account, and disposable earnings exemptions, and caps medical debt interest rate. · Informed CitizenryAssembly Bill A1020 aims to strengthen consumer protections by adjusting how creditors can collect debts from individuals. The bill increases the amount of personal property (like household goods)…Open in Informed Citizenry