Rhode Island Senate Bill S2711

Rhode Island 2022 Regular Session

• Introduced: 3/17/22
• Refer: 3/17/22
• Report Pass: 6/14/22
• Engrossed: 6/22/22
• Enrolled: 6/23/22
• Passed: 6/29/22

Caption

Procedure Generally--levy And Sale On Execution

Impact

The amendments proposed in S2711 will have significant implications on state laws concerning civil procedure and the treatment of debtors in Rhode Island. The bill updates existing laws to include additional exemptions for specific types of property, such as those related to retirement plans, which adds a layer of protection for individuals undergoing financial distress. This change is expected to prevent undue hardship on families and individuals who rely on these exemptions to maintain basic living standards while managing debts. It reflects a balanced approach to the enforcement of debt obligations alongside compassion for affected parties.

Summary

Bill S2711, introduced in the Rhode Island General Assembly, focuses on updating and amending the procedures regarding the levy and sale on execution in civil proceedings. The legislation specifically seeks to modify which property types are exempt from attachment during legal processes, especially concerning debt collection. By altering the criterion for exempt property, the bill aims to ensure that debtors retain necessary and essential items, such as modest household furniture, work tools, and rights to education funds, despite their financial troubles. This aligns with broader goals of protecting vulnerable populations during debt recovery actions.

Contention

While S2711 is largely seen as a protective measure for debtors, there are potential points of contention among different stakeholder groups. Supporters of the bill hail it as a necessary update to ensure that the most vulnerable are not stripped of their basic needs during legal proceedings. Conversely, some legal experts and creditors express concerns that expanding exemptions could complicate the collection process, making it more difficult for creditors to recover owed debts. Therefore, while the bill strives for compassion toward debtors, it raises questions about the implications for creditors and the efficiency of the execution process in Rhode Island.