Civil procedure: bankruptcy; bankruptcy exemptions; modify.
Key claim: Michigan HB6229 would modify bankruptcy exemptions under state civil procedure law.
Abstract
(HB6229 · 103rd Legislature) Civil procedure: bankruptcy; bankruptcy exemptions; modify. Sponsor: Rep. Brenda Carter (D) + 1 co-sponsor In committee: H Government Operations Latest action (2026-08-11): Bill Electronically Reproduced 07/29/2026
Why this matters
Bankruptcy exemptions determine which assets Michigan debtors can protect from creditors during bankruptcy, directly affecting household financial recovery and creditor recovery rates. Legislative modifications to MCL 600.5451 update the dollar thresholds and categories of protected property, with implications for workers, homeowners, and small businesses navigating insolvency. Tracking the specific changes will show whether the state exemption schedule keeps pace with inflation and federal alternatives.