Limiting definition of household goods for purposes of lien avoidance

• S. 256 § 313

A new § 522(f)(4) limits the “household goods,” as to which a nonpossessory, nonpurchase-money security interest can beavoided under § 521(f)(1)(B). The new definition limits electronic equipment to one radio, one television, one VCR, and one personal computer with related equipment; it excludes (among other things) works of art not created by the debtor (or a relative), jewelry worth more than $500 (except wedding rings), and motor vehicles.