Many Washingtonians hit by financial catastrophe will have a greater chance to stay in their own homes under a bill signed into law yesterday. “People should not lose their homes because of a crisis like the pandemic,” said Sen. Derek Stanford (D-Bothell), the bill’s sponsor. “This shock to the entire economy has put many people, including many small business owners, in danger of losing everything they’ve worked for, out of no fault of their own. “Even though we expect that people’s homes are protected in bankruptcy, our state’s outdated laws meant that an average family home was actually not protected.” Senate Bill 5408 raises Washington state’s homestead exemption, the rule that determines the value of a home that is protected in ...Read More
About Sen. Stanford
Senator Derek Stanford earned a PhD in Statistics at the University of Washington, following an MS in Mathematics at Claremont Graduate University and a BS in Mathematics at Harvey Mudd College.
Currently, Sen. Stanford runs a small business specializing in analytics solutions and statistical consulting. Previously, he has served as director of analytics at companies specializing in fraud detection and customer insights. He has also worked as a research scientist at a software company, where he served as principal investigator on a research project for DARPA (Defense Advanced Research Projects Agency).
Read Sen. Stanford’s full biography here.
Sen. Stanford In The News
EDMONDS—Business owner Shubert Ho fears that another stroke of bad luck for ...Read More
This year, Washington state could join the rest of the West Coast ...Read More
By Jeffrey Mize, Columbian staff reporter Gov. Jay Inslee signed into law today ...Read More
Sen. Derek Stanford, D-Bothell, was sworn in Jan. 13 to represent the ...Read More