A bill to amend 1961 PA 236, entitled “Revised judicature act of 1961,” by amending section 5451 (MCL 600.5451), as amended by 2012 PA 451.
Substantially increases and expands bankruptcy property exemptions in Michigan, introduces regular inflation adjustments, and adds new protections for vulnerable debtors, applying to cases filed after the bill's effective date.
Introduced
by
Referred to the Committee on Government Operations
