Protecting Gun Owners in Bankruptcy Act

# Protecting Gun Owners in Bankruptcy Act (HR 4064) **What the Bill Would Do** This bill would protect firearm ownership for people going through bankruptcy proceedings. Currently, when someone files for bankruptcy, their assets—including firearms—can potentially be seized and sold to pay off debts. This bill would exempt firearms from being liquidated during bankruptcy cases, allowing gun owners to keep their weapons even while repaying creditors. **Who It Affects and Key Provisions** The bill directly affects individuals filing for personal bankruptcy who own guns. It would establish a legal exemption preventing bankruptcy courts from requiring the sale of firearms to settle debts.

The specific scope of protection (such as how many guns would be protected or any value limits) is not detailed in the available summary. **Current Status** As of now, HR 4064 is in committee, meaning it has been introduced but hasn't yet advanced to a full vote by the House of Representatives. The bill was sponsored by Rep. Claudia Tenney, a Republican from New York.