After Porter’s home was sold as part of her bankruptcy case, she ended up moving out of King County and resettling in Walla Walla, where she now rents an apartment.
It’s a situation state lawmakers don’t want others to have to go through — especially as more people are expected to file for bankruptcy as a result of the pandemic.
A new law aims to keep people from losing their homes when they file for bankruptcy. Senate Bill 5408, which Gov. Jay Inslee signed into law last week, increases the state’s homestead exemption, so that it will no longer protect only $125,000 of a person’s home value. Instead, the new
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