Combined with state bankruptcy protections practice this means that most middle class people who don't have tons of money in a bank account, a home that is not

Combined with state bankruptcy protections practice this means that most middle class people who don't have tons of money in a bank account, a home that is not their primary residence (or in their primary residence above whatever value their state protects) are decently protected but the upper middle class who often does have those things loses them in bankruptcy.