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CS/HB 1445: Debts & Debtors/Administration of Insolvent Estate

GENERAL BILL by Safety & Security Council ; Schwartz ; (CO-INTRODUCERS) Seiler ; Hukill

Debts & Debtors/Administration of Insolvent Estate; provides that debtor's personal property of specified value is exempt from legal process if debtor does not receive homestead exemption; provides limitation; clarifies that number of days for publishing notice re foreclosure proceedings excludes legal holidays; revises & expands duties of assignees; provides for enforceability of subordination agreements under certain circumstances, etc. Amends 222.25, 702.035, 727.103-.105,.108-.114.

Effective Date: 07/01/2007
Last Action: 5/4/2007 House - Substituted CS/SB 2118; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 2118 (Ch. 2007-185) -HJ 01445
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    3/5/2007 House • Filed
    3/6/2007 House • Introduced -HJ 00103
    3/12/2007 House • Referred to Safety & Security Council -HJ 00188
    3/13/2007 House • Referred to Constitution & Civil Law (SS) by Safety & Security Council -HJ 00212
    3/19/2007 House • On Committee agenda-- Constitution & Civil Law (SS), 03/21/07, 9:00 am, 12-H
    3/21/2007 House • Favorable with 1 amendment(s) by Constitution & Civil Law (SS); YEAS 8 NAYS 0 -HJ 00246; Now in Safety & Security Council -HJ 00246
    4/16/2007 House • On Council agenda-- Safety & Security Council, 04/18/07, 9:30 am, Reed Hall
    4/18/2007 House • CS by- Safety & Security Council; YEAS 14 NAYS 0 -HJ 00571
    4/20/2007 House • CS read 1st time on 04/20/07 -HJ 00568; CS filed
    4/21/2007 House • Placed on Calendar -HJ 00585
    5/4/2007 House • Substituted CS/SB 2118; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 2118 (Ch. 2007-185) -HJ 01445

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  • CS/HB 1445, Committee Substitute 1 (Current Bill Version) Posted 4/20/2007 at 2:20 PM

    Bill Text:   Web Page | PDF
    Analyses:   Safety & Security Council (Post-Meeting) (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 2118 (e1) Joyner Similar Last Action: 6/19/2007 Approved by Governor; Chapter No. 2007-185
    Location:
    S 1460 (e1) Judicial & Execution Sales/Property [LPCC] Joyner Compare Last Action: 5/4/2007 H Died in Messages, Link/Iden/Sim/Compare passed, refer to CS/SB 2118 (Ch. 2007-185)
    Location:

    Citations - Statutes (12)

    Citation Catchline Location in Bill Location In Bill Help
    222.25 Other individual property exempt from legal process.
    702.035 Legal notice concerning foreclosure proceedings.
    727.103 Definitions.
    727.104 Commencement of proceedings.
    727.105 Proceedings against assignee.
    727.108 Duties of assignee.
    727.109 Power of the court.
    727.110 Actions by assignee and other parties in interest.
    727.111 Notice.
    727.112 Proof of claim.
    727.113 Objections to claims.
    727.114 Priority of claims.

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  • HB 1445, Original Filed Version Posted 3/5/2007 at 10:10 AM

    Bill Text:   Web Page | PDF
    Analyses:   Committee on Constitution & Civil Law (Post-Meeting) (pdf)
    Committee on Constitution & Civil Law (Post-Meeting) (pdf)
    Committee on Constitution & Civil Law (Post-Meeting) (pdf)

    Citations - Statutes (11)

    Citation Catchline Location in Bill Location In Bill Help
    222.25 Other individual property exempt from legal process.
    727.103 Definitions.
    727.104 Commencement of proceedings.
    727.105 Proceedings against assignee.
    727.108 Duties of assignee.
    727.109 Power of the court.
    727.110 Actions by assignee and other parties in interest.
    727.111 Notice.
    727.112 Proof of claim.
    727.113 Objections to claims.
    727.114 Priority of claims.

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