Supreme Court of Connecticut
In re Cole
July 18, 2023347 Conn. 284
Summary
The court held that Connecticut's increased homestead exemption applies to bankruptcy proceedings filed on or after October 1, 2021, even when the underlying debts accrued earlier. The statute contains no carve-out for preexisting debts, and applying the exemption to later-filed proceedings is not retroactive because the statute regulates the enforcement proceeding rather than the prior accrual of debt. The court also treated the applicability of the state exemption as a question of state law under the assumed governing federal choice-of-law rule.